# BlueSky Wealth Advisors

BlueSky Wealth Advisors is a Multi Family Office based in New Bern, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** New Bern, United States
- **Region:** North America
- **Address:** 2131 S Glenburnie Rd, Suite 8, New Bern, North Carolina, United States
- **Founded:** 1999
- **Assets under management:** 1000 (Altss estimate)
- **Website:** blueskywa.com
- **LinkedIn:** https://www.linkedin.com/company/bluesky-wealth-advisors

## Regulatory record

- **CRD number:** 116760
- **SEC file number:** 801-78583
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-02T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/116760

## About

David L. Blain established the firm in 1999 in New Bern, North Carolina. The predecessor entity D.L. Blain & Co. acquired Pleasanton Financial Advisors in 2013 and rebranded to BlueSky Wealth Advisors. Blain's background as an entrepreneur and military officer shaped the firm's emphasis on fiduciary, unbiased advice drawn from his own capital. The firm deploys capital across real estate, natural resources, and public equities. Confirmed holdings include positions in SCHX, VCSH, SCHZ, and DFAX ETFs as of Q3 2025 filings. It maintains a direct real estate program and guides clients on individual property economics. Geographic focus centers on North America with additional exposure to global natural resources. The firm also holds indicated interests in hedge funds and venture-stage opportunities. BlueSky employs 18 professionals. It maintains membership in NAPFA and the CFA Institute. David Blain serves as Chairman of the Board and Investment Committee Chair at CarolinaEast Health System. In March 2026 Aspen Standard Wealth acquired BlueSky Wealth Advisors. The firm operates through a holding structure that includes BlueSky WA Holdings, LLC. It separates client advisory from founder personal holdings and maintains a charitable giving vehicle focused on education, health, and environment in southeastern North Carolina.

## Sectors

- PropTech
- Energy Transition & Renewables
- Healthcare Services
- AgriTech & FoodTech

## People

- David L. Blain — Founder and CEO

## Questions

### Who runs investment decisions at BlueSky Wealth Advisors?

David L. Blain serves as Founder and CEO and sets overall investment direction. The firm also maintains an Investment Committee at CarolinaEast Health System where Blain acts as chair.

### Does BlueSky Wealth Advisors participate in fund commitments or only direct deals?

The firm executes both fund commitments and direct investments. It reports confirmed positions in multiple ETFs and maintains a direct real estate program for clients.

### What investment stages does BlueSky Wealth Advisors typically target?

Public equity and real estate form the core. Indicated exposure includes venture capital and hedge funds.

## Related profiles

- [Blackhorn Ventures](https://altss.com/profile/blackhorn-ventures)
- [LEON Family Office](https://altss.com/profile/leon-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/bluesky-wealth-advisors

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