Bluespring Acquires $1.35B PA Retirement Planner 

Bluespring Wealth Partners announced the acquisition of Rodgers & Associates Wealth Advisers, a Lancaster, PA-based wealth management firm with more than $1.35 billion in assets. The announcement brings the acquirer of independent RIAs and hybrid wealth managers to 27 partner firms. 

Rodgers & Associates, who specializes in retirement planning, was founded more than two decades ago by husband-and-wife partners Rick and Jessica Rodgers. The two are supported by colleagues Sandra Skrodinsky, president and CCO; Susan Connors, director of operations; Patrick Carney, manager of adviser services; and Clint Krushinsky, business development specialist. Rodgers & Associates has 25 employees and nearly 1,000 clients. 

The firm’s decision to join Bluespring was driven by many factors, including Bluespring’s marketing, back-office resources, and educational tools on succession planning. 

“From the beginning, we were drawn to Bluespring’s emphasis on growth at scale while staying true to the core of our business,” said Rick Rodgers. “Firm-wide, we look forward to building on even more organic growth and success in the coming years, supported by Bluespring’s array of resources so that we can continue excellent service and high-quality experiences for our clients.” 

Bluespring, the Texas-based subsidiary of Kestra Holdings, recently announced the acquisition of Shelton Financial Group, a Fort Wayne, IN-based firm with $500 million in assets. In May, the firm bought KDI Wealth Management, a Scottsdale, AZ-based husband-and-wife-team overseeing more than $750 million in client assets. In March, it announced it was combining two of its partner firms, Retirement Wealth Specialists (RWS) and Security Financial Management (SFM), to create a hub in Florida managing approximately $1.4 billion in assets. 

Pictured: Rick and Jessica Rodgers