OneDigital acquires Florida firm managing $500 million

OneDigital acquires Florida firm managing $500 million
Florida Pension Group, headquartered in St. Johns, provides retirement plan consulting and wealth management services.
FEB 07, 2023

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.

Latest News

BMO adds three advisors in Dallas amid Y'all Street wealth boom
BMO adds three advisors in Dallas amid Y'all Street wealth boom

The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.

UBS moves toward full-service US bank as plans to extend wealth business
UBS moves toward full-service US bank as plans to extend wealth business

Employee accounts, crypto trials and job cuts frame a pivotal year for the Swiss lender.

$5B broker-dealer NBC Securities has a new name after almost 30 years
$5B broker-dealer NBC Securities has a new name after almost 30 years

New name draws on founder's family history as consolidation reshapes the broker-dealer landscape.

Cerity Partners enters new market with Cordant Wealth Partners merger
Cerity Partners enters new market with Cordant Wealth Partners merger

Deal brings tech-focused planning expertise, expanded Pacific Northwest presence to national RIA platform.

Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street
Treasury unveils Trump Accounts fund lineup led by BlackRock, Vanguard, and State Street

Five low-cost index ETFs to anchor Trump Accounts as advisors weigh options against 529 and UTMA plans for clients

SPONSORED Who builds the income when the pension disappears?

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

SPONSORED Why direct indexing stopped being optional

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.