OneDigital Investment Advisors, the Atlanta-based registered investment adviser subsidiary of insurance broker OneDigital, has acquired the assets of Fulcrum Partners, an executive benefits consultancy based in Ponte Vedra Beach, Florida.
The transaction lets OneDigital expand into the market for nonqualified deferred compensation plans, the company said in the announcement.
As part of the agreement, OneDigital Investment Advisors will assume responsibility for advising approximately $7 billion in additional, nonqualified plan assets.
Twelve Fulcrum advisers have joined OneDigital.
Earlier this month, OneDigital acquired Vertical Financial Group, which specializes in retirement plans and has $1 billion in plan assets, as well as the investment advisory relationships of the 401(k) unit of Truist Financial Corp.
And last year, it purchased Resources Investment Advisors, an RIA and adviser support firm with $45 billion in assets under management.
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
