Pradeep Jayaraman
Bluespring Wealth Partners announced Wednesday the acquisition of Synthesis Wealth Planning in Morristown, New Jersey.
The deal announcement is Bluespring's fifth of 2026. In 2025, the company completed nine acquisitions representing more than $6 billion in assets under management.
IFG Wealth Strategies, of Raritan, New Jersey, was previously acquired by Synthesis, affiliated with Kestra Financial, bringing the combined practice to about $1.1 billion in overseen assets.
The Synthesis deal closed April 1, shortly after Bluespring acquired IFG on March 31.
Synthesis, originally overseeing about $200 million in assets, was founded in 2018 by managing partners Alex Panas, Daniel C. Singer and Eric K. Rosenberger. Kim Luthy, director of wealth planning, was recently promoted to partner. Through the IFG merger, Synthesis also includes president Robert Iola.
Pradeep Jayaraman, president of Bluespring Wealth, told ThinkAdvisor the deal was in the works for almost a year. He said Synthesis stood out for its client-first mindset, disciplined execution and the clarity with which the leadership team has scaled the business.
"They've grown thoughtfully and sustainably, and their culture and long-term vision align closely with how Bluespring partners with high-performing firms," he said.
Growth works only when it's intentional, said Jayaraman. The risk with inorganic growth, he said, is moving too fast without alignment.
"We focus on cultural fit, leadership strength and the right infrastructure to support scale," he said. "By partnering with firms that share our values and growth discipline and buy-in to our strategic vision, we're able to expand while maintaining service quality and long-term focus."
Bluespring Wealth Partners is owned by Austin, Texas-based Kestra Holdings.
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