Bluespring Wealth Partners Acquires $750 Million KDI Wealth Management
Bluespring Wealth Partners announced its acquisition of KDI Wealth Management, a wealth management firm based in Scottsdale, Ariz. KDI personnel currently oversee more than $750 million in client assets.
KDI is run by husband-and-wife duo Kevin Dick, chief executive officer and wealth adviser, and Carrie Dick, president and wealth adviser, alongside longtime business partner Shane Keith, vice president and wealth adviser. The firm was founded in 2005 and consists of 14 total employees.
KDI’s decision to join Bluespring – an acquirer of both independent registered investment advisers and hybrid wealth management firms – was fueled by several factors, including Bluespring’s flexible model and commitment to nurturing the entrepreneurial spirit of its partners while also offering streamlined solutions to outsource non-revenue generating tasks. The KDI team offers a full suite of services, including wealth and retirement planning, estate planning, cash flow management, tax planning, and more. With Bluespring’s expertise and resources, KDI plans to accelerate growth while providing superior customer service and personalized financial solutions.
“Bluespring’s dedication to fostering entrepreneurship deeply resonated with us,” said Kevin. “We’re excited to have a partner that respects our vision for the business. With Bluespring, we will be able to elevate our capabilities, expand our reach, and continue to deliver exceptional value to our clients.”
According to Bluespring, the KDI team has built a reputation for delivering comprehensive wealth management solutions, specializing in peer-to-peer advising to ensure each client is receiving a personalized approach.
“We are thrilled to welcome KDI Wealth Management to the Bluespring community,” said Stuart Silverman, chairman of Bluespring. “Their first-class track record, commitment to excellence, and dedication to client success perfectly complement our values and objectives. We look forward to supporting the team in its future growth.”
In addition to their partnership with Bluespring, KDI is also joining the Kestra Financial wealth management platform, leveraging all the tools offered within the Kestra ecosystem.
“We are thrilled to welcome KDI Wealth Management to the Kestra community,” said Stephen Langlois, president of Kestra Financial. “We’ve intentionally assembled our Kestra ecosystem in a way that enables advisers to choose how to best leverage our capabilities to advance their growth. The fact that KDI is able to leverage our wealth management platform while also gaining the guidance and expertise of our colleagues at Bluespring is a perfect example of our vision in action.”
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