On February 15, 2024, OneDigital Investment Advisors announced that it will acquire Wintrust’s Retirement Benefits Advisors division.
OneDigital Investment Advisors announced on February 15, 2024 that it will acquire the Retirement Benefits Advisors division of Wintrust Investments, LLC (“Wintrust”). The Wintrust Retirement Benefits Advisors team, led by Dan Peluse, will join OneDigital’s national retirement plan advisory practice. Further terms of the deal were not disclosed.
OneDigital Investment Advisors, based in Overland Park, Kansas, is a registered investment advisor and wholly owned subsidiary of OneDigital. OneDigital is an insurance brokerage, financial services, and HR consulting firm. OneDigital has over $100 billion in assets under management. OneDigital Investment Advisors has over $89 billion in assets under management.
Wintrust, based in Chicago, Illinois, is a subsidiary of Wintrust Financial Corporation (Nasdaq: WTFC) that provides brokerage and insurance, trust and estate, and portfolio management solutions. Wintrust’s Retirement Benefits Advisors division provides clients with retirement planning and solutions. The division has approximately $2.6 billion in assets under advisement.
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