Irving-based Halcyon Wealth Advisors has been acquired by Austin-based Bluespring Wealth Partners, a wealth-management platform providing operational support to its partner registered investment advisers (RIAs) and firms.
Halcyon is affiliated with Kestra Financial, whose professionals oversee $364 million in assets under management, according to Bluespring. Financial terms of the deal were not disclosed.
As part of the acquisition, Halcyon will be merged into LifeBridge Financial Group, another Bluespring firm. That merger follows a previous combination between LifeBridge and SilverStar Wealth Management. With the three firms now operating together, the deal reflects Bluespring’s broader consolidation strategy.
Halcyon is led by owner and financial planner Lynn Clark, along with Carolyn Mora, who serves as director of retirement plan services and director of private wealth management. Clark said the move gives the team expanded resources while maintaining a commitment to personalized client service.
“This merger represents a powerful alignment of values and vision,” Clark said. “Our clients remain at the heart of everything we do, and this partnership only strengthens that commitment.”
LifeBridge, based in Houston, is led by Managing Director Michael Rudelson and Lead Financial Advisors Selena Krampota and Grayson Palmer. The firm serves clients across Texas, now with offices in Irving, Waco, Houston, and Cypress.
Rudelson said the mergers have broadened LifeBridge’s capabilities and deepened its bench of advisors and specialists. “Our commitment to continuous improvement allows us to draw from the best practices of our new partners and elevate how we invest, plan, and serve,” he said in a statement.
Bluespring President Pradeep Jayaraman said the combination of Halcyon, LifeBridge, and SilverStar shows the power of strategic collaboration.
“Each firm brings unique strengths to the table, and together, they form a dynamic hub of financial excellence in Texas,” he said.
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