Truist Financial sells 401(k) business to OneDigital
The deal follows other major announcements, including the purchase of Compass Financial Partners and a majority stake acquisition in Sageview Advisory Group
Truist Financial Corporation has sold its 401(k) unit, with OneDigital buying the investment advisory relationships and Empower Retirement and Ascensus taking on portions of the firm’s record-keeping business, the companies announced this morning.
Truist Financial, the county’s sixth-largest
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