Bluespring Wealth Partners Buys Hickory Asset Management

Bluespring Wealth Partners, LLC, a new business focused on acquiring experienced registered investment adviser (RIA) and wealth management firms, acquired Hickory Asset Management, Inc., a Concord, Ohio-based independent RIA offering comprehensive financial planning and portfolio management services to individuals, corporate executives, and business owners.

The amount of the deal was not disclosed.

Hickory Asset Management is led by Daniel G. LeScoezec, CHFC®, President, who has over three decades of financial services experience.

Launched in July 2019, Bluespring Wealth works exclusively with legacy-minded RIA and wealth management firms. It is dedicated to the acquisition and servicing of wealth management firms seeking continuity for clients and the business they have built.

Led by Stuart Silverman, President, Bluespring Wealth is a wholly owned subsidiary of Kestra Financial, which offers wealth management platforms for independent advisors nationwide.
The entities of Kestra collectively oversee $92 billion in assets under administration (AUA) and support more than 2,000+ independent financial advisors across the country in delivering comprehensive securities, trust, and investment advisory services to their clients.
Kestra Financial is the parent company of Kestra Investment Services, LLC, member FINRA/SIPC; H. Beck, Inc., member FINRA/SIPC; Arden Trust Company; Blue Spring Wealth Partners, LLC; and Kestra Advisory Services, LLC; Kestra Private Wealth Services, LLC; and Kestra Institutional Services, LLC; all federally registered investment advisers.



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