David Canter Steps Down as Bluespring President at Kestra

In his new role as senior strategic advisor, Canter will “continue his positive trajectory, leveraging his industry expertise in strategic service of the business,” Bluespring said. He will also help in the search for a new president of the business unit.

“Elevating my involvement above the day-to-day management of the firm will allow me to focus more strategically on supporting what Bluespring does best — developing financial advisor partnerships that give business owners the flexibility, independence, support and resources they need to succeed,” Canter said in a statement.

Meanwhile, Stuart Silverman, who helped found the business, will serve as chairman and interim business unit leader for Bluespring, temporarily assuming day-to-day leadership responsibilities.

That includes Silverman overseeing the company’s business development and acquisition strategy and his continued involvement in firm relationship management.

“We are confident that these changes, and the continued support of all leaders mentioned, will help us harness new opportunities for growth,” James Poer, Kestra Holdings CEO said in a statement.

Pictured: David Canter