The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Bluespring Wealth Partners, Front Porch Financial, Beacon Pointe
Bluespring Wealth Partners, an acquirer of RIAs and wealth management firms, has announced that Kestra Financial-affiliated firm Front Porch Financial, has joined existing Bluespring partner firm US Financial Services to create a $1.7 billion firm. With four other locations across the north and southeastern US, this marks US Financial’s fifth office location.

This latest partnership and merger reflects Bluespring’s commitment to supporting the growth of its partner firms as they aim to ensure exceptional service for clients nationwide, the firm said in a statement.

Founded by Elizabeth Blanchard, New Jersey-based Front Porch has served as a resource for clients for decades. As Blanchard transitions her practice into US Financial, she emphasized the importance of continuity and shared expertise. “By working with Bluespring and US Financial to put a succession plan in place, I can ensure long-term support for my clients. Joining the Bluespring Community also gives them access to a broader team and resources while preserving the personal touch they value,” said Blanchard.

This announcement follows a strong 2025 for Bluespring, with nine deals closed for the year totaling more than $6 billion in assets under management (AuM).

“For Bluespring, this partnership strengthens our community of partner firms and for Front Porch, clients will continue to benefit from the collaborative, forward-thinking approach to wealth management that they’ve come to experience via the Kestra ecosystem,” said Josh Bartholomew, head of business development at Bluespring Wealth Partners.

Beacon Pointe Advisors
Beacon Pointe Advisors has acquired Litman Gregory Wealth Management, a $2.7 billion registered investment advisor headquartered in Larkspur and Walnut Creek, California. Litman Gregory also has an office in St Louis, Missouri.

The firm was bought from iM Global Partner, which is based in France.

The transaction, which closed on December 31, 2025, takes Beacon Pointe’s total AuM to about $61 billion. The financial terms were not disclosed. 

Piper Sandler & Co served as exclusive financial advisor and Seward & Kissel as legal advisor to iM Global Partner and Litman Gregory Wealth Management in connection with the transaction. 

Credent, MainStreet, First State
Credent Wealth Management, an Indiana-headquartered RIA, has acquired MainStreet Financial Advisors, a hybrid broker-dealer that used to be affiliated with Cambridge Investment Research in Kalamazoo, Michigan, and First State Investment Advisors, a Tulsa-based RIA. 

In July 2024, Crestline Investors, made a strategic investment into Credent, and added a further commitment in December last year.

In the latest transaction – for an undisclosed sum – the firms joining Credent bring a combined $250 million in assets under management, about 350 clients.