Bluespring Wealth Acquires $1.1B Synthesis Wealth Planning

Bluespring Wealth has acquired Synthesis Wealth Planning, a Kestra Financial-affiliated advisory firm based in New Jersey, in a transaction that brings the combined practice — including fellow New Jersey firm IFG Wealth Strategies, previously acquired by Synthesis — to approximately $1.1 billion in assets under management. 

Founded in 2018 by Managing Partners Alex Panas, Daniel C. Singer, and Eric K. Rosenberger after the trio departed a legacy planning firm, Synthesis has grown from $200 million to $1.1 billion in assets over eight years. The firm delivers an integrated model spanning financial planning, portfolio management, and insurance. The team includes Director of Wealth Planning Kim Luthy, recently elevated to Partner, and Robert Iola, who joined through the IFG merger. 

“Synthesis stands out not only for its commitment to client-first planning, but for the clarity and discipline with which Alex, Daniel, and Eric have built their business,” said Pradeep Jayaraman, President of Bluespring Wealth. 

Through the partnership, the Synthesis team will gain access to Bluespring’s operational and back-office support, shared best practices, and network of partner firms. 

The deal represents Bluespring’s fifth announced acquisition of 2026, following a 2025 in which the firm completed nine transactions representing more than $6 billion in AUM. Recent deals include Massachusetts-based SHP Financial, overseeing approximately $2.3 billion in assets, and Pittsburgh-based Coghill Investment Strategies at approximately $600 million. 

Launched by Kestra Financial in 2019, Bluespring received a majority investment from Stone Point Capital in 2024.