Bluespring Wealth Partners acquires SHP Financial, managing $2.3bn for mass-affluent and high-net-worth clients. Specifics of the deal remain undisclosed. SHP Financial founded in 2003 by Derek L. Gregoire, Matthew C. Peck, and Keith W. Ellis Jr. with a team of 50 across three offices.

Known for fiduciary advice, SHP offers services like the SHP Retirement Road Map for retirement planning. Peck emphasizes preserving their culture with Bluespring’s support for growth. Bluespring added $6bn in AUM in 2025, aiming to accelerate SHP’s growth with seasoned leaders at the helm.

Bluespring president Jayaraman sees SHP’s hunger for growth as an acceleration story, not just a transition. SHP’s founders are experienced and engaged, with decades of success ahead. Bluespring previously added Coghill Investment Strategies, managing $600m in assets. The SHP Financial purchase boosts Bluespring’s assets by $2.3bn.

Read more at Yahoo Finance: Bluespring adds $2.3bn in assets with SHP Financial purchase