OneDigital Investment Advisors Acquires WealthSource Partners

OneDigital Investment Advisors, the registered investment advisor arm of parent company OneDigital, has recently completed its acquisition of WealthSource Partners. With approximately $2 billion in assets under management, WealthSource Partners brings valuable expertise and resources to the expanding OneDigital portfolio.

WealthSource Partners is a respected firm offering a range of services including financial planning, investment management, and insurance. Their team of 44 professionals serves around 2,500 clients across nine states. By joining forces with OneDigital, WealthSource Partners gains access to even more comprehensive and advanced resources to better serve their clients.

According to co-founders Bryan Sullivan, Eric Patton, and Jon Dubravac, the decision to sell the firm to OneDigital was driven by the desire to tap into a wider network of expertise and robust investment strategies. They believe that together with OneDigital, they can provide an enhanced suite of services that will benefit their clients.

This acquisition is part of OneDigital's ongoing expansion plan in consumer-facing operations related to wealth management and retirement services. Having surpassed $100 billion in client assets under management, OneDigital aims to become a leading advocate for health, success, and financial security.

Mike Sullivan, co-founder of OneDigital and the company's chief growth officer, describes the acquisition as a perfect culture fit. He highlights the growth potential and diversified service model that WealthSource offers, aligning with OneDigital's strategic vision.

Furthermore, Sullivan notes that this acquisition not only enhances OneDigital's capabilities but also extends its presence in key markets across the western region. WealthSource's offices in California (San Luis Obispo), Colorado, Arizona, and Utah provide expanded geographic reach for the combined entity.