ONEDIGITAL EXPANDS ITS WEALTH MANAGEMENT OFFERING WITH THE ADDITION OF KB FINANCIAL COMPANIES, LLC.

Acquisition adds $1 billion to assets under management, expands its presence in the northeast

ATLANTE, September 27, 2022 /PRNewswire/ — OneDigital Investment Advisors, an SEC-registered investment adviser and wholly-owned subsidiary of OneDigital (“OneDigital”), a leading insurance brokerage, financial services and HR consulting firm, today announced the acquisition of KB Financial Partners, LLC and KB Financial Advisory Partners, LLC (KB). This acquisition of New JerseyThe OneDigital-based wealth management, family office and corporate finance advisory firm marks OneDigital’s sixth strategic wealth management transaction in 2022.

With roots dating back to 1983, KB’s team of 28 is comprised of licensed financial advisors and individuals practicing financial services, tax and estate planning, insurance solutions, wealth management, retirement planning business succession and business advisory services offering a variety of family office services. services to a diverse clientele through offices located in Princeton, New Jersey, Jackson Hole, Wyoming and Miami, Florida.

“KB’s management and experienced team have specialties that complement our wealth management capabilities and complement our vision in offering Family Office, business succession planning and business advisory services,” said Vince Morris, President of OneDigital’s Retirement + Wealth Division. “KB’s offering will help our SME owners and business leaders access business advisory services that will help them plan and better position their businesses for a future liquidity event. The KB team offers the high-level service that our Ultra High Net Worth (UHNW) customers can We are grateful to KB for continuing its journey as members of the OneDigital team, leveraging our strengths to continue to grow both regional and on the OneDigital platform.

“Our deep knowledge base and client-centric model has helped us achieve better results for our clients,” said James Kaplan, Co-Chief Executive Officer of KB Financial Partners, LLC. “As part of OneDigital, we plan to leverage their extensive expertise and capabilities to reach many more, both within our current footprint and beyond.”

The addition of KB brings OneDigital Investment Advisors’ total assets under management to approximately $107.8 billion, representing more than one million participants and 41,000 individual accounts. Strategic partnerships have led to significant growth for OneDigital, fueling its investments in technology solutions and other resources that deliver efficiencies to partner brokers and the customers they serve.

Park Sutton Advisors acted as sole financial advisor to KB Financial throughout the transaction.

About OneDigital

OneDigital is a guardian of business growth and people potential. Our insurance, financial services and human resources platform provides personalized and technological solutions for a contemporary working life experience. Nationally recognized for our culture of caring, OneDigital teams empower employers and individuals to do their best and live their best life. More than 100,000 employers and millions of people rely on our teams for advice and access to fully integrated worksite products and services and the retirement and wealth management services provided by OneDigital Investment Advisors. Founded in 2000 and based in Atlanta, OneDigital has offices in most major markets nationwide. To learn more, visit www.onedigital.com.

Investment advice provided by OneDigital Investment Advisors, an SEC registered investment adviser and wholly owned subsidiary of OneDigital and KB Financial Advisory Partners, LLC, a registered investment adviser. OneDigital and OneDigital Investment Advisors are separate entities from KB Financial Advisory Partners, LLC.

About KB Financial Partners, LLC and KB Financial Advisory Partners, LLC

KB Financial Partners, LLC and KB Financial Advisory Partners, LLC are a team of highly qualified individuals in the areas of financial, tax and estate planning, insurance solutions, wealth management, business succession planning ‘business and business advisory services offering a variety of family office services to diverse clientele through offices in Princeton, New Jersey, Jackson Hole, Wyoming and Miami, Florida. For more information, visit kbfinancialcompanies.com.

Media Contact:
Chelsea McKenna
[email protected]

SOURCE OneDigital

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