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Bluespring Wealth Partners Deepens West Coast Presence with Acquisition of $1.1+ Billion Capital Planning Advisors

·3-min read

A household name in the Sacramento region, Capital Planning Advisors aligns with Bluespring Wealth Partners’ cultural values and strategic vision

AUSTIN, Texas, December 09, 2021--(BUSINESS WIRE)--Bluespring Wealth Partners, LLC, an industry-leading acquirer and partner of best-in-class wealth management firms, today announced the acquisition of Capital Planning Advisors located in Roseville and Walnut Creek, California. This transaction is a strategic step by Bluespring Wealth Partners to establish a hub on the West Coast and further expand the firm’s national footprint.

Led by a dynamic partnership group including Jim Wilson, Larry Hansen, Michael Sollazzo, and Jason Bell, Capital Planning Advisors is dedicated to offering a comprehensive wealth management experience by leveraging financial planning, tax, and estate expertise, along with institutional quality investment management practices. The ensemble team primarily serves a diverse and fast-growing client base of high-net-worth individuals and businesses, and collectively oversees more than $1.1 billion in assets.

"Our holistic, relationship-centered approach to uniting our clients’ financial and personal lives is at the forefront of our business model," said Wilson. "We saw similar values in Bluespring Wealth Partners and were attracted to their intimate network of like-minded firms. We’ve built a strong reputation in Northern California and aligning with Bluespring Wealth Partners will empower us with the resources to perpetuate our legacy and deepen the service we provide to clients."

The leadership and advisor team at Capital Planning Advisors will remain in place as part of the transaction. Bluespring Wealth Partners will help bolster their outstanding client service and operational capabilities in support of the firm’s vision for growth throughout California.

"The deep client relationships Capital Planning Advisors has nurtured make them an obvious fit for our ongoing commitment to expanding the West Coast hub of premier wealth management firms," said Stuart Silverman, President of Bluespring Wealth Partners. "This team has built an outstanding organization and scalable service model that is deeply impactful to their clients. We are excited to partner with them and further support their personalized, holistic financial planning offerings, and goals for both organic and inorganic growth."

Capital Planning Advisors is the second wealth management firm Bluespring Wealth Partners has acquired in California and fifth acquisition in 2021.

David Selig of Advice Dynamics Partners served as an advisor to Capital Planning Advisors for the transaction.

About Bluespring Wealth Partners, LLC

Through a highly customized and people-centric approach, Bluespring Wealth Partners is dedicated to the acquisition and support of the industry’s premier wealth management firms. In partnering with best-in-class wealth advisors and their teams, Bluespring Wealth Partners looks to perpetuate and enhance the value that they bring their clients, providing continuity and new opportunities in the process. Bluespring Wealth Partners was established with the express purpose of helping entrepreneurs take their business to the next level of growth through successor identification and training, industry-leading consulting and operational resources, flexible ownership arrangements, and institutional capital support.

By focusing on partnership as the driver of success, Bluespring Wealth Partners empowers wealth management firms to elevate their business without sacrificing their entrepreneurial spirit, founding principles, and long-term vision.

Bluespring Wealth Partners is a subsidiary of Kestra Holdings.

For more information about Bluespring Wealth Partners, please visit www.bluespringwealth.com.

For more information about Capital Planning Advisors, please visit www.capitalplanningadvisors.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005255/en/

Contacts

Gregory FCA for Bluespring Wealth Partners
Erin Jacob, 610-200-0566
kestra@gregoryfca.com

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