OneDigital Investment Advisors, the registered investment adviser subsidiary of Atlanta-based insurance brokerage OneDigital, has acquired Atlanta Retirement Partners, which oversees more than 130 retirement plans representing $1.3 billion in plan assets.
Terms of the deal were not disclosed.
[More: OneDigital acquires property and casualty brokerage]
After the acquisition of Atlanta Retirement Partners, OneDigital Investment Advisors will serve approximately 60,000 clients, 5,000 retirement plans and some 900,000 participants, the company said in a release.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
