Bluespring is a wholly owned subsidiary of Kestra Holdings, a holding company that consists of three leading wealth management services businesses that collectively support more than $140bn in AUA and 1,400 independent financial advisors. As a M&A and Business Development Specialist, you will coordinate and manage the execution of acquisitions in the wealth management space, ensuring a smooth diligence to close process.What You'll Do: - Manage financial and operational diligence process to obtain and summarize key information about prospective acquisitions
- Prepare financial models outlining historical and projected financial performance, including projected returns and supplemental support
- Craft proposals for review by the Deal Committee and actively participate in committee discussions to offer perspective on opportunities
- Collaborate with critical stakeholders throughout the Bluespring/Kestra organization to ensure completion of agreed-upon diligence procedures, leading engagement with Diligence Committee to approve opportunities
- Draft term sheets and indications of interest for new opportunities
- Oversee final diligence processes, working intimately with seller representatives and key management team members to perform thorough diligence while ensuring a positive impression of Bluespring as a partner
- Provide a full/final assessment of the opportunity with a recommendation to the Deal Committee, objectively reporting on key assumptions/concerns and summarizing all key findings to inform a final decision
- Participate in transaction document drafting, negotiations and other key interactions throughout the process, taking ownership for driving the process where appropriate
- Capture critical knowledge from the M&A process and ensure it is documented and communicated to the Onboarding and Business Consulting teams; collaborate effectively to smoothly guide opportunities to closing
- Periodic involvement in strategic initiatives to provide analytical support and perspective for decision-making
- Management of Bluespring's M&A pipeline, ensuring accurate and timely reporting on opportunities to all key stakeholders
- Responsibility for documenting and tracking deal-related information on completed acquisitions, ensuring communication with all key stakeholders
- Monitor and update information on key competitors, reporting insights to management on a regular basis with any associated recommendations
What You Bring:- 2-3 years investment banking, consulting or related analytical and financial experience
- Exceptional written and verbal communication skills
- Strong research, modeling, and technical skills
- Resourceful self-starter, able to work autonomously and as team player in a group/cross-functional setting with outstanding work ethic
- Well organized, with an ability to actively manage multiple work streams to completion in a fast-paced environment
- Proficiency in the use of Microsoft Office Products (Word, Excel, and PowerPoint)
- Must be willing and able to travel up to 50% of month
Internal Application Policy:Internal applicants must be in good standing and have a minimum of 1 year of service with Kestra. Internal applicants must also have a minimum of 1 year service in current role unless approved by EVP.
Benefits to support you:- Competitive pay and benefits with a large employer (over 1600 employees nationwide)
- 401(k), health insurance, and a competitive benefits package
- Work in a supportive, collaborative environment committed to professional excellence
- Help clients navigate meaningful financial decisions with confidence
- Opportunities for training, development, and long-term growth within the firm
- Tuition reimbursement for qualified expenses
