Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
August 24, 2023 at 10:30 AM
What You Need to Know
- David Canter steps down as Bluespring president only one year after joining the Kestra subsidiary in that role.
- Canter had joined Bluespring after stepping down as head of Fidelity Institutional's RIA segment at the end of July 2022.
- Canter was with Fidelity for almost 13 years in all. Earlier, he was with Schwab from 2000-2008.
As part of a leadership reshuffling at Bluespring Wealth Partners announced Wednesday, David Canter is stepping down as president and becoming senior strategic advisor at the Kestra subsidiary.
Two days before the announcement last year that Canter was joining Bluespring as president, Fidelity Investments said Canter would step down as head of Fidelity Institutional’s RIA segment and executive vice president at the end of July 2022 after five years in the role. He was with Fidelity for nearly 13 years in all, initially joining the firm in 2009 as EVP of practice management and consulting at Fidelity Clearing & Custody, according to his LinkedIn profile.
Earlier in his career, Canter worked for Charles Schwab, joining that firm in 2000 as vice president of Schwab Institutional Trading & Operations and then shifting to head legal counsel at Schwab Institutional.
The goal of the strategic leadership changes was to empower growth for wealth management firms within Bluespring’s network, it said in a news release.
Bluespring started in 2019 and initially supported eight firms from within the Kestra ecosystem. That network is now made up of 21 brands and 24 firms, with 30 acquisitions to date, it said.
As president, Canter “deepened the value proposition of the company, elevating the brand and building a capable bench of professionals to support the business,” Bluespring said.
That included the recent appointments of two new corporate development vice presidents, Josh Bartholomew and Tom Valverde, who will focus on sourcing potential new partner firms for Bluespring, the firm said.
