Reliant Wealth Planning has been providing comprehensive services since 2017. Credit: PeopleImages.com – Yuri A/Shutterstock.

RIA aggregator Bluespring Wealth Partners has acquired Reliant Wealth Planning, a wealth management and financial advisory firm based in Louisville, Kentucky.

This move adds over $560m in assets under management to Bluespring’s portfolio.

Reliant Wealth Planning, led by founding partners Shaun Chelf and Laura Clark, has been providing a comprehensive suite of services since its inception in 2017.

Its services encompass wealth management, retirement planning, cash flow strategies, investment management, estate planning, charitable strategies, and risk management.

The firm’s 13 team members hold financial planning designations, including CFP, RICP, CFA, and CRPC.

Bluespring Wealth Partners president Pradeep Jayaraman said: “We are excited to welcome Reliant to the Bluespring family and broader Kestra ecosystem of financial professionals and firms.

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“Their expertise, dedication to excellence, and commitment to clients align perfectly with the profile of success-driven and entrepreneurial-focused financial professionals we seek to work with at Bluespring.”

With the backing of Bluespring’s offerings and resources, Reliant will focus on delivering fiduciary services centred on a client-first approach.

Reliant founding partner Shaun Chelf said: “They alone wanted us to keep doing the exact things in advanced planning and investing that made us very successful and unique.

“Their offer to come alongside to enhance, but not change, our DNA made them not just the obvious choice, but the only choice.”

In September 2024, Bluespring Wealth Partners appointed Pradeep Jayaraman as its president, with responsibility overseeing all functions, including strategy, and execution.

Stuart Silverman remains chairman, focusing on organisational growth.