Bluespring Wealth Partners, an acquirer of registered investment advisers (RIAs) and wealth management firms, has announced the acquisition of financial planning firm SHP Financial. Financial professionals with SHP provide fiduciary based advice and oversee approximately $2.3 billion in total assets.
Located in Plymouth, Mass., SHP was founded in 2003 by Derek Gregoire, Matthew Peck, and Keith Ellis Jr., who began their careers together in the insurance industry. The three joined forces early to build a firm focused on long‑term client relationships. Today, the firm’s platform is supported by about 50 team members, including seven producing advisors and 18 additional financial services professionals. The team is located across three offices: Plymouth, Woburn, and Hyannis, Mass.
This acquisition follows Bluespring’s prior acquisitions totaling more than $6 billion in assets under management in 2025. Turkey Hill Management served as financial adviser to SHP Financi