OneDigital Investment Advisors is on the move again, this time acquiring Atlanta Retirement Partners in an expected $1.3 billion deal.
According to the announcement, OneDigital pursued the acquisition of Atlanta Retirement Partners as part of its expansion into retirement plan consulting and wealth management.
“David Griffin is a nationally recognized and talented next-generation advisor and has built a great business focused on retirement plan consulting but has also incorporated wealth into his business model,” stated Vince Morris, President, OneDigital Retirement + Wealth. “At OneDigital, we believe that adding talent like David and his team is key to supporting the growth of our business but also in meeting the future needs of our clients.”
Upon joining OneDigital, Atlanta Retirement Partners will operate under the registered investment advisory of OneDigital Investment Advisors—adding more than 130 retirement plans representing $1.3 billion in plan assets.
This announcement comes just weeks after OneDigital announced that it had acquired Fulcrum Partners, three offices of Vertical Financial Group and the institutional 401(k) investment advisory services business of Truist Financial Corporation.
OneDigital’s advisory services and solutions are offered in more than 100 offices and nearly 50 retirement wealth offices across the United States, serving around 60,000 clients, 5,000 retirement plans and approximately 900,000 participants.
