OneDigital, an Overland Park, Kansas-based insurance and financial services firm, has launched a program aimed at small businesses that combines a defined-contribution plan offering with a financial wellness program.
Joining other providers that have entered the small-plan market in the wake of recent regulatory changes encouraging pooled employer plans and multiple employer plans, OneDigital’s offering is aimed at businesses with 100 or fewer employees.
OneDigital said the solution also integrates with existing health benefits coverages, allows for outsourcing of administrative and fiduciary responsibilities associated with the plan, and provides ongoing investment support and advice at the employer level as well as personalized coaching and investment support designed specifically for each employee.
Also, Orion has added BlackRock, Fidelity, and Vanguard to its custom portfolios suite, and RedBlack has set up a new headquarters after crossing a trillion-dollar milestone.
Also, New York-based Legacy Edge Advisors names its first-ever CEO, while Novare Capital Management hires a Vanguard veteran with a multigenerational planning focus.
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