What are the responsibilities and job description for the M&A and Business Development Specialist position at Kestra Holdings?
Bluespring Wealth Partners is a fast-growing acquirer of wealth management firms throughout the United States. We take a relationship-based approach to partnering with and supporting best-in-class teams who provide financial planning and investing services to retail clients. Bluespring takes majority-stake positions in high-quality firms and provides its partners with an unparalleled depth of operating support, business consulting expertise and strategic investments in key areas of growth.
As an M&A and Business Development Specialist, you'll play a pivotal role in both business development initiatives and the assessment of new merger and acquisition opportunities. This dual-hatted role offers the ability to grow your career quickly, with mentorship and development from industry leaders.
Reporting to the Head of M&A for BWP, you'll be responsible for conducting thorough diligence and analysis to inform investment decisions, while also generating and nurturing leads at the early and intermediate stages of our sales funnel. This role requires the ability to pivot seamlessly between M&A diligence and business development based on the evolving needs of the business, ensuring flexibility and responsiveness to organizational priorities.
RESPONSIBILITIES :
Mergers & Acquisitions :
- Participate in due diligence processes, working with the Head of M&A, seller representatives and key management team members to perform thorough diligence while ensuring a positive impression of Bluespring as a partner.
- Prepare financial models outlining historical and projected financial performance, including projected returns and supplemental support.
- 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.
- 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
- Periodic involvement in strategic initiatives to provide analytical support and perspective for decision-making.
- Maintenance of Bluespring's M&A pipeline, ensuring accurate and timely reporting on opportunities to all key stakeholders
Business Development :
SKILLS :
EDUCATION AND EXPERIENCE :
SUPERVISORY RESPONSBILITIES : None
CERTIFICATIONS, LICENSES, REGISTRATIONS : None
INTERNAL APPLICANT 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 :
Full health, vision, dental. 401(k) plans along with a host of voluntary plans such as car insurance, legal services and more (applicable to full time permanent employees).
DISCLOSURE :
By applying to a job at Bluespring Wealth Partners, a subsidiary of Kestra Financial, you are agreeing to the following statements :
KESTRA VALUES :
Our Mission is Powering Financial Independence, enabling the growth and success of investing clients and the advisors who serve them. We do that by living our values : SERVE, MAKE IT HAPPEN, and ONE TEAM.
