News, Mergers & Acquisitions
OneDigital Acquires Vertical Financial Group
OneDigital Acquires Vertical Financial Group
Acquisition Bolsters OneDigital’s Retirement and Wealth Vertical and Strengthens its Holistic Benefits Practice
ATLANTA, GA – January 19, 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 three offices of Vertical Financial Group, a partnership of independent financial advisors specializing in retirement plan design and investment advisory services for companies and wealth management for individuals. The advisors located in St. Louis, Missouri, Overland Park, Kansas, and Chicago, Illinois, significantly advance OneDigital’s vision to converge health, wealth and retirement services and seek to elevate plans for financial success.
Having Vertical Financial Group join OneDigital is an exceptional opportunity for our retirement and wealth division. Laura, Brett, Brad, and Tom have long-standing careers in the industry and bring a breadth of insight and knowledge that is complementary to our team. Together, we will deliver a comprehensive portfolio of services and solutions that will greatly benefit our clients and the communities we serve.
— Vince Morris, AIF®, President, OneDigital Retirement + Wealth
Vertical Financial Group’s partnering financial advisors, Laura T. Scobee, Brad Harris, J.D., and Thomas H. Parker, will maintain their respective office locations and assume the title of Senior Vice President. Brett M. Dankowski, current advisor and Director of Client Services, will join the firm under the new role of Retirement Plan Consultant—managing client relations for qualified retirement and 401(k) plans.
Upon closing, Vertical Financial Group will operate under the registered investment advisory of OneDigital Investment Advisors—adding over 80 retirement plans, representing $1B in plan assets in addition to providing wealth management to over 400 households representing over $160M in assets.
The firms that join OneDigital maintain various degrees of expertise, ingenuity, and innovation to solve businesses and their employees' rising challenges. Through its investment in comprehensive advisory services and market-leading solutions, the firm has helped double and triple the size of operations in new markets, totaling over 100 offices across the country and servings close to 60,000 customers globally.
OneDigital is a leading strategic advisory firm in the U.S. and has consistently led from the front as a workplace ally for 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 healthcare, 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, retirement and wealth management, employee wellbeing and pharmacy consulting. Headquartered in Atlanta, OneDigital's more than 100 offices and 2,000 business strategists serve the needs of over 50,000 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. Currently listed as 18th on Business Insurance’s list of 100 Largest U.S. Brokers, OneDigital’s deep analytic abilities and experienced advisors deliver insights that reduce business risk and improve plan design and performance. For more information, visit www.onedigital.com.
About Vertical Financial Group
Since its inception, Vertical Financial Group has remained committed to providing trusted advisory services and comprehensive investment planning for individuals and companies of varying sizes. Vertical understands the challenges that come with financial preparedness and is therefore equipped to assist with a myriad of financial planning needs, ranging from company retirement plan or assistance building a personal wealth plan including attention to investments, insurance, estate planning, Medicare, life transitions and taxes.
The firm’s team of certified independent financial advisors have over a century of collective experience, professional designations, and distinctions.
Brad Harris, J.D. holds two professional designations in the financial services industry, Chartered Financial Consultant (ChFC®) and Chartered Life Underwriter (CLU®). He maintains Series 6, 7, 22, 24, and 63 securities licenses along with life, long-term care and variable annuity insurance licenses in multiple states. Brad manages the Overland Park / Kansas City office.
Thomas H. Parker maintains his Certified 401(k) Professional designation, C(k)P®, is recognized as a Certified Fiduciary Plan Advisor (CPFA) and holds his Series 6, 63, and 65 securities licenses, as well as life, health, and variable annuity insurance licenses in multiple states. Tom manages the Chicago office.
Brett M. Dankowski is a Certified 401(k) Professional (C(k)P and holds his Series 7 & 66 securities licenses and life and health insurance licenses. Brett’s practice is with the Chicago office.
Laura T. Scobee is a Certified Financial Planner (CFP ®), Certified Pension Consultant (CPC), Qualified 401(k) Consultant (QKC) and Certified Plan Fiduciary Advisor (CPFA). She holds her Series 7 & 63 securities licenses as well as life and health insurance licenses. Laura manages the St. Louis office.