Acquisition Expands the Firm's Retirement and Wealth Presence in Connecticut
ATLANTA, GA – May 4, 2021 – OneDigital Investment Advisors, the registered investment advisor and a wholly-owned subsidiary of OneDigital, a leading strategic advisory firm focused on driving business growth for employers of all sizes, has acquired Future Benefits Inc.
Since its founding in 1987, Future Benefits has set out to be an accessible and responsive partner, helping organizations and individuals save and invest in their future. Headquartered in Cheshire, Connecticut, the firm offers fee-based financial advice, investment management, and portfolio construction.
We have enjoyed getting to know Future Benefits for the last year and a half as they have utilized our RIA for support services. Now, we are excited to welcome them as a part of the OneDigital team. Culturally they are a great fit, and they will continue to see the benefits of our shared operation, which gives them more time to work with their customers to create growth opportunities.
— Vince Morris, President, OneDigital Retirement + Wealth
"Joining OneDigital was a natural next step for Future Benefits," said Kevin Grenham, President and Chief Operating Officer of Future Benefits. "Our existing relationship with Resources as an RIA affiliate revealed just how closely our culture, client commitment, and beliefs aligned."
William Doran, Senior Vice President of Future Benefits, added, "Being backed by an organization of OneDigital's scale gives us greater access to technology and resources to continue providing our clients with top-of-the-line solutions and services, without compromising our close-knit approach to how we do business.”
Upon joining OneDigital, Future Benefits will maintain its Cheshire operation and provide services under the registered investment advisory of OneDigital Investment Advisors—adding over 400 Wealth Management and Qualified Plans combined, representing $1 billion in plan assets.
The addition of Future Benefits augments OneDigital's existing comprehensive advisory services and market-leading solutions offered in the Northeast region and complements the more than 100 offices and 2,400+ business strategists supporting the needs of over 85,000 employers across the nation. OneDigital's growth strategy seeks to pursue strategic partnerships in the health, wealth, and human resources market.
Future Benefits was represented by DeVoe & Company, a leading consulting firm and investment bank to RIAs.
OneDigital is the nation's leading health, retirement/wealth, and HR advisory firm focused on empowering business growth for employers of all sizes, and has consistently led as a workplace ally for over 20 years. OneDigital's unique ability to converge health, wealth and human resources into a hub of services and business guidance has empowered companies to create workplaces that attract and retain talent while fueling innovation and company growth. As employee health care, wellness and workplace benefits continue to shift, companies of all sizes have relied on OneDigital's exceptional advisory teams for counsel and its adjacent services, including employee benefits, holistic HR services, employee wellbeing and pharmacy consulting, as well as the retirement and wealth management services provided through OneDigital Investment Advisors. Headquartered in Atlanta, OneDigital's more than 100 offices and 2,400+ business strategists serve the needs of over 85,000 employers across the nation.
OneDigital has been named to the Inc. 5000 List of America's fastest-growing companies every year since 2007, one of only 11 companies to do so and is currently listed as 18th on Business Insurance's list of 100 Largest U.S. Brokers. For more information, visit www.onedigital.com.
About Future Benefits Inc.
Future Benefits specializes in analyzing outside money managers and no-load mutual funds, focusing on independence, transparency, and minimizing transaction costs. In short, Future Benefits manages investment managers on behalf of clients, structuring entire portfolios to meet specific income and growth objectives.
Since its establishment, Future Benefits has steadily increased assets under management. Today, the firm manages more than $1 billion in assets, ranging from corporate retirement plans to individual investment plans and church/nonprofit endowments. Equally important, Future Benefits has an impressive portfolio of long-term clients – a testimony to the services provided and the personal relationships built over the years.
Investment Advice offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital.