OneDigital Investment Advisors has acquired WealthSource Partners, a San Luis Obispo, California-based RIA that oversees $2 billion in client assets, the firm announced Wednesday.
WealthSource Partners has 44 employees who serve the firm’s more than 2,500 client families from locations in nine states: California, Arizona, Utah, Colorado, Oklahoma, Texas, Ohio, Tennessee and Florida.
The firm began in 2009 with the merger of Vellum Financial, founded by Bryan Sullivan, and Avant-Garde Advisors, founded by Eric Patton and Jon Dubravac. Sullivan is WealthSource's CEO, while Patton is CFO and Dubravac is chief business development officers.
In a statement, the executives cited OneDigital’s “more comprehensive suite of services, including advanced financial planning tools, robust investment strategies, and a wider network of expertise.”
“We’re delighted to welcome the WealthSource team and weave their valuable expertise into our robust team of dedicated financial advisers,” Vincent Morris, president of retirement and wealth at OneDigital, said in the statement. “Together with WealthSource, we will meet the increasing challenges with our depth of knowledge and mutual desire to put our clients’ needs first.”
OneDigital Investment Advisors is a unit of OneDigital, a leading insurance brokerage, financial services and HR consulting firm with more than $100 billion in AUM.
Goldman Sachs retirement survey finds 83% want guaranteed income, while the annuities providing that income increasingly hold private credit.
The AI meeting assistant's Advisor Intelligence plugin turns client conversation data into annual reviews, tax scans and attrition alerts.
Chuck Roberts and Stifel have been facing scrutiny due to sales of structured products and structured notes.
Among other updates, the proposals would let advisors to regulated funds earn performance fees and allow interval funds to offer monthly repurchases.
What will financial advice look like 20 years from now? Evan Vladem explores how AI may transform wealth management while reinforcing the enduring value of human guidance, trust, and empathy.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
