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Pradeep Jayaraman

Practice Management > Building Your Business > Leadership

Bluespring Wealth Partners Names New President

By John Manganaro

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Bluespring Wealth Partners has selected Pradeep Jayaraman as its new president.

Jayaraman will assume leadership for all functions at Bluespring, including strategy and execution for the growing wealth management firm acquirer.

Stuart Silverman will continue to serve as chairman of Bluespring, according to the announcement, and in that capacity he will focus on supporting the growth of the organization.

Jayaraman joins the Kestra Holdings ecosystem after serving more than a decade at Focus Financial Partners. There, he focused on acquiring and growing wealth management businesses, having most recently served as co-head of partnership and business development.

Previously, Jayaraman was a vice president at Goldman Sachs, advising financial services clients on numerous merger and acquisition transactions and debt and equity offerings.

“I am proud to join a team that offers key strategic benefits to entrepreneurially minded firms,” Jayaraman said in a statement. “I believe the team’s mission to operate as strategic, value-added growth investors and integrators in the wealth management space distinguishes Bluespring from being just another capital source for RIAs and wealth management businesses.”

James Poer, CEO of Kestra Holdings, cited Jayaraman depth of experience and extensive work on M&A deals as key drivers of the appointment.

“Jayaraman’s leadership, along with the rest of the team, will help drive continued growth and opportunity for the Kestra ecosystem, supporting our clients in elevating their business without sacrificing their entrepreneurial spirit, founding principles and long-term vision,” Poer said.

Bluespring Wealth Partners is owned by Austin, Texas-based Kestra Holdings, whose total assets under advisement AUA is currently near $120 billion.

Pictured: Pradeep Jayaraman

John Manganaro

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