Bluespring Wealth, the RIA acquisition arm of unbiased broker-dealer Kestra Monetary, has bought the wealth unit of Ohio insurance coverage firm Whitaker-Myers.
Whitaker-Myers Wealth Administration, a Wooster, Ohio-based RIA, had managed round $920 million in consumer belongings, based on an announcement Tuesday. It was launched in 2014 by Matthew G. Harris and John-Mark Younger, who registered with Bluespring final month.
The RIA was owned by Younger and Christopher G. Vanderzyden, who’s president of the dad or mum insurance coverage firm, based on its Kind ADV.
Whitaker-Myers Wealth, which has greater than 20 advisors and assist workers, joined with Bluespring Wealth – River Valley, a follow established in July.
The mixed River Valley group oversees $2.four billion in consumer belongings and has 44 advisors and assist workers who work from places of work in Ohio, Kentucky and South Carolina, based on the announcement.
The deal was a part of a long-term succession plan and progress technique, based on the announcement. Harris and Younger have 26 years and 17 years of expertise, respectively.
“Matthew and I began this follow with two advisors, and we’ve grown by bringing proficient younger advisors in early and creating them into leaders,” Younger stated within the assertion. “We wished a associate who would assist us maintain doing that on a much bigger scale.”
The deal for Whitaker-Myers closed on Monday, based on a Bluespring spokesperson. Monetary phrases weren’t disclosed.
Whitaker-Myers is Bluespring’s eighth acquisition this yr and brings belongings added by means of M&A to greater than $6 billion. Earlier purchases embrace Factor Wealth Advisors in June and Synthesis Wealth Planning in Might.
Kestra, which is majority owned by non-public fairness agency Stone Level Capital, oversaw about $169 billion on the finish of 2025, based on its web site.