The Kentucky-based firm chose to partner with Bluespring to enhance capabilities and expand reach of its already successful firm
Bluespring Wealth Partners, a leading acquirer of both independent RIAs and hybrid wealth management firms, announced its acquisition of Reliant Wealth Planning, a premier wealth management and financial advisory firm based in Louisville, Kentucky.
”We are excited to welcome Reliant to the Bluespring family and broader Kestra ecosystem of financial professionals and firms”
Reliant personnel currently oversee more than $560 million in assets under management, led by founding partners Shaun Chelf and Laura Clark. Founded in 2017, the firm consists of 13 team members who hold respected designations from across financial planning fields, including CFP, RICP, CFA, and CRPC
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Reliant offers a comprehensive suite of services, including wealth management, retirement planning and cash flow strategies, investment management, estate planning, charitable strategies, and risk management. With Bluespring’s robust offerings and resources, Reliant aims to build on its core principles of providing fiduciary services with a client-first mindset through expertise, trust and relationships.
“When searching for a partner, Bluespring truly stood out above everyone else Laura and I spoke to,” said Shaun Chelf, Founding Partner of Reliant. “They alone wanted us to keep doing the exact things in advanced planning and investing that made us very successful and unique. Their offer to come alongside to enhance, but not change, our DNA made them not just the obvious choice, but the only choice.”
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Reliant has built a strong reputation for high-touch client services, technical expertise in financial planning and portfolio management, and exceptional due diligence. Their focus on client-centric strategies has helped Reliant earn the trust of clients across and beyond the Louisville area.
“We are excited to welcome Reliant to the Bluespring family and broader Kestra ecosystem of financial professionals and firms,” said Pradeep Jayaraman, President of Bluespring Wealth Partners. “Their expertise, dedication to excellence, and commitment to clients align perfectly with the profile of success-driven and entrepreneurial-focused financial professionals we seek to work with at Bluespring.”
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About Bluespring Wealth Partners, LLC
Through a highly customized and people-centric approach, Bluespring is dedicated to the acquisition and support of quality wealth management firms. In partnering with experienced wealth advisors and their teams, Bluespring looks to perpetuate and enhance the value that they bring their clients, providing continuity and new opportunities in the process. Bluespring was established with the express purpose of helping entrepreneurs take their business to the next level of growth through successor training and incentivization, consulting and operational resources, flexible ownership arrangements, and institutional capital support. By focusing on partnership as the driver of success, Bluespring empowers wealth management firm owners to elevate their business without sacrificing their entrepreneurial spirit, founding principles, and long-term vision.
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Source: PR Newswire
