Bluespring Wealth Partners, the RIA acquisition arm of Kestra Holdings, has orchestrated a merger between two of its partner firms, Retirement Wealth Specialists (RWS) and Security Financial Management. This strategic move creates an RIA with assets totaling $1.4 billion and establishes a presence across five locations throughout Florida.

InvestmentNews reports that the newly consolidated RIA will operate under the Security Financial Management name. Stuart Silverman, Chairman of Bluespring, emphasized to InvestmentNews the merger's significance, stating that it underscores the exceptional quality and shared vision cultivated within the Bluespring community. He also highlighted the advantages of integration into the Bluespring Wealth Partners ecosystem.

RWS, established in 1998 by Mitchell B. Walk and Bruce S. Udell, brings its expertise in investment, tax strategies, and estate planning services to retail and institutional clients from its Longwood and Sarasota, Florida offices. On the other hand, Security Financial Management, founded over 30 years ago by Dave Allen and Frank Lovaglio, specializes in providing comprehensive wealth management solutions to high-net-worth individuals and families. With offices in Orlando, Melbourne, and Lake Nona, Florida, Security Financial Management expands Bluespring's reach and strengthens its position
in the Southeastern region.

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