Bluespring Wealth Advisors made a major move by poaching David Canter from Fidelity Investments, with co-founder Stuart Silverman stepping aside as president to make Canter the new day-to-day leader. Canter, a respected RIA custody executive, brings deep industry knowledge and a vast network of advisor relationships to the fast-growing, private equity-backed firm. Silverman will assume the newly created chairman role, focusing on culture and recruiting while Canter drives operational growth.
Industry experts say the hire strengthens Bluespring’s M&A capabilities, succession planning expertise, and competitive position against larger players like Kestra and Fidelity. Canter’s move reflects a desire for greater autonomy and creative freedom in a smaller, entrepreneurial environment, with potential for equity upside and strategic influence. Fidelity supports the transition, noting it as a natural next step in Canter’s career. His expertise and personal brand are expected to become a powerful asset for Bluespring as the firm expands nationally…