Kestra Financial subsidiary Bluespring Wealth Partners has purchased a Green Bay, WI-based registered investment advisor firm, which manages approximately $135 million in client assets.   

New Wall Street, founded in 2012, is an existing firm under Kestra Financial and offers “white-glove” wealth management, retirement planning, and financial planning to high-net-worth individuals and families. 

The team is led by co-founders Bernie Van Eperen and Chris Battle, and includes operations manager Brooke Reichwald, per the firm’s website. 

“When thinking about the next chapter for New Wall Street, we sought a partner that would help us build on our existing success,” Van Eperen said. “We remain focused on a high level of customer service not typically seen in the financial services industry and recognized a similar dedication to high-quality service in Bluespring and the Kestra ecosystem.” 

Bluespring Wealth Partners’ latest addition marks the firm’s sixth acquisition for the year, the firm said. 

In July, Bluespring Wealth Partners added Irving, TX-based RIA Halcyon Wealth Advisors, which manages approximately $364 million in client assets. 

Kestra Financial launched its subsidiary, Austin, TX-based Bluespring Wealth Partners, in 2019, to acquire registered investment advisor firms.