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OneDigital Boosts Wealth Management Presence in Florida

Service Providers

OneDigital Investment Advisors has added to its retirement plan consulting and wealth management practice with the pickup of Florida Pension Group (FPG) based in St. Johns, FL.

The acquisition marks OneDigital’s seventh retirement and wealth partnership announcement in the past 12 months and OneDigital’s 17th office in the Florida market, according to the firm’s announcement.

Founded in 1998 by President Troy Tummond, FPG currently provides retirement plan services to over 100 businesses and wealth management services to over 270 households, overseeing more than $500 million in assets under management (AUM). The firm offers customized corporate retirement plans, executive benefit plans, comprehensive financial planning, retirement income planning, and portfolio and asset management.

Joining the firm will be Tummond, along with FPG advisors Steve Carter, John Hudson, John Pomroy and Landon Strickland.

“We are overjoyed to bring FPG and its exceptional group of financial advisors to OneDigital and our ever-expanding wealth management practice,” stated Vincent Morris, President Financial Services, OneDigital. “Their more than 25 years of serving clients will amplify OneDigital’s mission of delivering holistic financial planning at the intersection of retirement and wealth management.”

“OneDigital is the right partner for our firm because of its proven track record of growth and unique ability to bridge the gap between retirement and wealth management, giving our team the platform to deliver even more for our clients and help them achieve their vision,” added Tummond. “We are excited to join forces with OneDigital because they understand our culture of putting people first."

The acquisition of FPG will bring OneDigital’s AUM to nearly $109 billion, representing over one million participants and 41,000 individual accounts. 

The Florida Pension Group has previously been recognized as a NAPA Top DC Advisor Team.