“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