Wellspring Financial Partners has joined Parkwoods Wealth Partners. Wellspring is a Tucson-based registered investment adviser with over $1.2 billion in assets under advisement as of year-end 2025. The combination expands Parkwoods’ Retirement Plan Services platform – especially its work with participant education – and adds a Tucson office to the firm’s national footprint.

Pat Zumbusch, Wellspring’s founder, will join Parkwoods as Head of Wellspring Solutions and Head of the Tucson Office, with a focus on employee engagement and education within Retirement Plan Services.

Why Wellspring

This combination starts with philosophy. Wellspring, founded by Pat Zumbusch, has built its practice on the same fiduciary, planning-first approach that guides Parkwoods.

That approach has earned outside recognition: Wellspring was named one of USA TODAY’s 2026 Best Financial Advisory Firms^*.

Wellspring also brings unusual depth in serving employer-sponsored retirement plans and the participants in those plans. That work has been a defining piece of Wellspring’s practice for years, and it is exactly the kind of capability we want to bring to more plan sponsors and employees through Parkwoods Retirement Plan Services.

“Welcoming Pat and the Wellspring team is about shared beliefs first and foremost,” said Al Sears, Founder & CEO of Parkwoods. “Pat has built a remarkable firm on the same fee-only, evidence-based, planning-first approach our clients expect – and he has built it at meaningful scale. What Wellspring has done around helping employers and employees prepare for retirement is exactly the kind of work we want to amplify.”

“For years I’ve talked about a goal of helping 250,000 people retire with confidence and clarity,” said Pat Zumbusch, Founder and CEO of Wellspring Financial Partners. “That isn’t a marketing line – it’s the reason our team comes to work. Reaching that number takes a platform, and Parkwoods is the right one. We share the same beliefs: planning-first advice, evidence-based investing, and a fiduciary duty to the client. Joining Parkwoods is the most direct way I’ve found to keep doing what we’ve been doing in Tucson – and to do it for many more families and employees who need it.”

“Investment philosophy alignment matters in a combination like this, and it doesn’t get much cleaner than what we have with Wellspring,” said Bob French, CFA, Chief Investment Officer at Parkwoods. “Both firms have built their portfolios the same way: globally diversified, low-cost, and evidence-based. We both start with the belief that investments support the plan, not the other way around.”

“The quality of a retirement plan ultimately shows up in the participant experience – in whether the employee saving in their 401(k) actually understands what they’re doing and feels confident about it,” said John Resurreccion, CFP®, Head of Retirement Plan Services at Parkwoods. “Pat and the Wellspring team have built and maintained a comprehensive participant education practice focused on helping employees make informed retirement decisions through ongoing education and engagement. Bringing that into Parkwoods Retirement Plan Services means more plan sponsors – and many more employees – can benefit from the kind of clear, patient education that turns a 401(k) statement into a real path to retirement.”

Strengthening Retirement Plan Services – especially participant education

For plan sponsors and participants, this combination meaningfully expands Parkwoods Retirement Plan Services, led by John Resurreccion, CFP®. The most distinctive addition is Wellspring’s approach to participant education – the work of helping employees understand their plan, make sound decisions about contributions and investments, and feel more prepared for retirement.

For plan sponsors, that means a stronger plan experience for the people they’re trying to serve. For participants, it means access to clear, patient guidance from advisors focused on helping them prepare.

A natural fit, built on shared philosophy

This combination didn’t require either firm to adjust course. From the first conversation, Wellspring and Parkwoods have approached client work the same way – and that alignment is the reason a transition like this can feel less like a change of direction and more like two teams that have always been pointed at the same destination.

The relationships and people that have always defined Wellspring continue. What changes is the platform behind them.

Where we are

Parkwoods is headquartered in St. Louis, with additional offices in Syracuse, Nashville, Tucson, Carmel, New Castle, and Lake Oswego. Advisors are also based in Austin, Houston, Los Angeles, and Salt Lake City.

If you have questions about how this affects you – whether as a wealth client, plan sponsor, or plan participant – please reach out to your advisor. We’re here to help.

*The USA TODAY “Best Financial Advisory Firms” rating was published on April 15, 2026. The rating was developed by USA TODAY in partnership with Statista and is based on recommendations from clients, industry experts, and financial advisors, as well as growth in assets under management. Wellspring did not pay a fee to be included in the survey. The rating is not indicative of future performance and may not be representative of any one client’s experience.