Bluespring Wealth Partners (Bluespring Wealth), a new business focused on acquiring experienced registered investment adviser (RIA) and wealth management firms, has acquired Hickory Asset Management.
Based in Concord, Ohio, Hickory Asset Management is an independent RIA offering comprehensive financial planning and portfolio management services to individuals, corporate executives, and business owners.
“The Hickory Asset Management team has operated a well-run firm and employed a disciplined approach to client service since their founding in 2008,” says Stuart Silverman, President of Bluespring Wealth. “Their entrepreneurial spirit and desire to build and preserve a lasting legacy for clients and employees alike falls squarely in line with our mission at Bluespring Wealth. We look forward to working together to build a strategy that will optimise value for the team.”
Hickory Asset Management is led by Daniel G LeScoezec, CHFC, President, who has over three decades of financial services experience.
“Establishing an effective succession plan is paramount to our business and the most important step in building our legacy as a firm,” says LeScoezec. “Partnering with Bluespring Wealth will not only help us devise a customised plan for the future and grow our practice, but also open up the doors to a culture steeped in entrepreneurship and success.”
Bluespring Wealth was launched in July 2019 and works exclusively with legacy-minded RIA and wealth management firms.