Big News! As many of you have already heard, we are now part of the Kestra Holdings, Bluespring Wealth Partners family.
Read more about this exciting news…
Bluespring Wealth Partners has added a Massachusetts-based financial planning firm overseeing approximately $2.3 billion in assets to its growing platform.
The Kestra Holdings firm’s latest acquisition is SHP Financial, which serves mass-affluent and high-net-worth clients and was founded in 2003 by Derek L. Gregoire, Matthew C. Peck, and Keith W. Ellis Jr. The founders previously worked together in the insurance industry before launching a firm focused on long-term client relationships and comprehensive financial planning delivered under a fiduciary standard.
SHP employs roughly 50 people, including seven producing advisors and 18 additional financial services professionals. SHP operates from three offices in Plymouth, Woburn, and Hyannis, Massachusetts.
Among SHP’s offerings is its SHP Retirement Road Map, a proprietary planning framework intended to provide clients with a more structured and integrated approach to retirement planning.
SHP’s leadership said cultural alignment was a key factor in the decision to sell.
For Bluespring, the acquisition follows a year of significant deal activity. The firm said it completed acquisitions totaling more than $6 billion in assets under management in 2025, positioning SHP as one of the first additions to its platform in 2026.
“SHP is a team that has already built meaningful scale and is still hungry to grow,” said Pradeep Jayaraman, President at Bluespring Wealth Partners. “That’s what makes this an acceleration story, as opposed to a transition story. SHP’s founders are seasoned leaders in the prime of their careers, still deeply engaged in their business, with decades of success yet ahead. Bluespring is designed for firms just like this: teams on a strong growth trajectory, energized about securing their clients’ financial legacies, and looking for opportunities to expand their impact.”
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The content presented is for informational purposes only and is not intended to offer financial, tax, or legal advice, and should not be considered a solicitation for the purchase or sale of any security. Some of the informational content presented was prepared and provided by tMedia, LLC, while other content presented may be from outside sources that are believed to provide accurate information. Regardless of source, no representations or warranties as to the completeness or accuracy of any information presented are implied. tMedia, LLC is not affiliated with the Advisor, Advisor’s RIA, Broker-Dealer, or any state or SEC-registered investment advisory firm. Before making any decisions, you should consult a tax or legal professional to discuss your personal situation. Investment Advisory Services are offered through SHP Wealth Management LLC., an SEC-registered investment advisor. Insurance sales are offered through SHP Financial, LLC. These are separate entities. Some supervised persons of SHP Wealth Management, LLC, are independent licensed insurance agents of SHP Financial, LLC. No statements made shall constitute tax, legal, or accounting advice. You should consult your own legal or tax professional before investing. Both SHP Wealth Management, LLC. and SHP Financial, LLC. will offer clients advice and/or products from each entity. No client is under any obligation to purchase any insurance product.
