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Direct Investment  + Financial Advisory  + M&As  + RIAs & Financial Advisors  + Wealth Management  |  May 16, 2024
Bluespring Acquires $750M Arizona Husband-Wife Team
By: Joe Palmisano

Bluespring Acquires $750M Arizona Husband-Wife Team

Bluespring Wealth Partners, an acquirer of independent RIAs and hybrid wealth management firms, has acquired KDI Wealth Management, a Scottsdale, AZ-based husband-and-wife-team overseeing more than $750 million in client assets.

The firm is run by Kevin Dick, CEO and wealth advisor, and Carrie Dick, president and wealth advisor, along with partner Shane Keith, VP and wealth advisor. The 14-person firm was founded in 2005.

The KDI team offers wealth and retirement planning, estate planning, cash flow management, tax planning and more.

“Bluespring’s dedication to fostering entrepreneurship deeply resonated with us,” said Kevin Dick. “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.”

In addition to their partnership with Bluespring, KDI is also joining the Kestra Financial wealth management platform.

“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,” added Stephen Langlois, president of Kestra Financial.

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Inside The Story

Bluespring Wealth PartnersKDI Wealth ManagementKestra Financial

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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