Giant Atlanta-based insurance broker OneDigital has acquired Vertical Financial Group, a partnership of independent financial advisers specializing in retirement plans that oversees more than 80 retirement plans and $1 billion in plan assets.
Vertical, which has offices in St. Louis, Missouri, Overland Park, Kansas, and Chicago, Illinois, also manages $160 million for 400 households.
Last year, OneDigital announced that it was acquiring Resources Investment Advisors, an RIA and adviser support firm with $45 billion in assets under management, in the insurance broker’s first foray into the retirement plan market.
And earlier this month, OneDigital acquired the investment advisory relationships of the 401(k) unit of Truist Financial Corp.
The "Crypto Mom" departure would leave the SEC commission with just two members and no Democratic commissioners on the panel.
IFP Securities’ owner, Bill Hamm, has a long-term plan for the firm and its 279 financial advisors.
Meanwhile, a Osaic and Envestnet ink a new adaptive wealthtech partnership to better support the firm's 10,000-plus advisors, and RIA-focused VastAdvisor unveils native integrations with leading CRMs.
A former Alabama investment advisor and ex-Kestra rep has been permanently barred and penalized after clients he promised to protect got caught in a $2.6 million fraud.
As more active strategies get packaged into the ETF wrapper, advisors and investors have to look beyond expense ratios as the benchmark for value.
Wellington explores how multi strategy hedge funds may enhance diversification
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
