Subscribe

OneDigital acquires Florida firm managing $500 million

OneDigital Florida Left to right: Troy Tummond, John Pomroy, John Hudson, Jill Markey, Landon Strickland, Steve Carter

Florida Pension Group, headquartered in St. Johns, provides retirement plan consulting and wealth management services.

OneDigital Investment Advisors, a subsidiary of OneDigital, an insurance brokerage and HR consulting firm, said Monday it has acquired Florida Pension Group, a Florida-based retirement plan consulting and wealth management firm that manages more than $500 million in assets.

Florida Pension Group, which has its headquarters in St. Johns, was founded in 1998 by its president, Troy Tummond. It provides retirement plan services to more than 100 businesses and wealth management advice to more than 270 households.

In addition to Tummond, the team includes advisors Steve Carter, John Hudson, John Pomroy and Landon Strickland and staffer Jill Markey.

The acquisition gives OneDigital its 17th office in Florida and brings its assets to $108.9 billion.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

Cresset adds two J.P. Morgan teams overseeing $5B

The two groups were among several former First Republic teams whose exits from J.P. Morgan were announced Friday.

Ascensus buying Vanguard small-business retirement offerings

The company is acquiring the Individual 401(k), Multi-SEP, and SIMPLE IRA plan businesses from Vanguard.

Raymond James adds advisor from Wells Fargo

South Florida-based advisor had been overseeing $105 million in client assets at Wells.

Dimon says AI could be ‘transformational’

JPMorgan Chase's CEO says AI's impact on the economy could equal that of the steam engine.

Commonwealth case sends crystal-clear message

KO blow from the SEC offers pointed lesson: Don’t fight Uncle Sam

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print