Bluespring Wealth, the Austin, Texas-based RIA acquirer backed by Kestra Financial, has completed a tuck-in acquisition of Family Wealth Counseling, folding the planning firm into its existing partner KDI Wealth Management. The combined practice now oversees just over $1 billion in client assets, according to a Wednesday announcement.
The merged entity will operate under the Bluespring Wealth name and will be based in Scottsdale, Arizona, and Georgetown, Texas. It employs 16 professionals, including eight advisors, and serves high-net-worth families, business owners, and investors with a focus on business succession, exit planning, and multigenerational wealth transfer.
KDI, led by husband-and-wife team Carrie Dick and her spouse, was already managing more than $750 million when Bluespring acquired it in 2024. The addition of Family Wealth Counseling, founded by Anne Trinh, adds a complementary client base and deepens the firm's expertise in advising owners preparing to sell or transition their businesses.
Trinh, who has over 25 years of experience and holds the Certified Exit Planning Advisor and Certified Private Wealth Advisor designations, described the deal as a proactive move to ensure long-term continuity for clients. "This was a proactive decision about the future of our business and how we can continue serving our clients for generations to come," she said in a statement.
The combination creates a majority woman-led advisor team, aligning with the firms' stated focus on serving women clients, particularly those navigating business ownership, retirement, and inheritance. This focus is supported by recent BlackRock research based on an Escalent survey of 1,067 affluent and high-net-worth women, which found that 35% of women with $2 million or more in investable assets have no advisor, and that figure rises to 45% for those with $10 million or more.
Carrie Dick, president and wealth advisor at KDI, emphasized the shared planning philosophy. "Combining our teams deepens the strength of our service offerings in business succession, exit, and legacy planning, while preserving the personal approach that has defined both firms," she said.
Clients of both firms will retain their primary advisors and planning teams while gaining access to broader planning capabilities, investment research, and enhanced operational and compliance support, according to Bluespring. The deal is the latest in a series of tuck-in acquisitions for Bluespring, which has used this structure to build scale across the RIA space.
The transaction also highlights the growing trend of consolidation among independent advisory firms, as seen in other recent moves such as Wealth Enhancement's acquisition of RWA Wealth Partners and Kestra's addition of a $550M Texas planning firm. For Bluespring, the deal strengthens its presence in the Southwest and expands its capabilities in a niche that is increasingly important as baby boomers transition their businesses.
