Bluespring Wealth Partners has acquired Reliant Wealth Planning, a Louisville, Kentucky, wealth management and financial advisory firm with more than $560 million in assets under management.
Founded in 2017 by partners Shaun Chelf and Laura Clark, the firm consists of 13 team members whose designations including CFP, RICP, CFA, and CRPC.
Reliant offers services including wealth management, retirement planning and cash flow strategies, investment management, estate planning, charitable strategies and risk management, according to the release.
“When searching for a partner, Bluespring truly stood out above everyone else Laura and I spoke to,” Chelf said in a new release. “They alone wanted us to keep doing the exact things in advanced planning and investing that made us very successful and unique. Their offer to come alongside to enhance, but not change, our DNA made them not just the obvious choice, but the only choice.”
Reliant offers high-touch client services, technical expertise in financial planning and portfolio management, and exceptional due diligence, according to the release.
“We are excited to welcome Reliant to the Bluespring family and broader Kestra ecosystem of financial professionals and firms,” said Bluespring Wealth Partners President Pradeep Jayaraman. “Their expertise, dedication to excellence, and commitment to clients align perfectly with the profile of success-driven and entrepreneurial-focused financial professionals we seek to work with at Bluespring.”
Bluespring focuses on the acquisition and support of independent RIAs and hybrid wealth management firms. Bluespring was established with the goal of helping entrepreneurs boost their businesses’ growth through successor training and incentivization, consulting and operational resources, flexible ownership arrangements, and institutional capital support.
