OneDigital Bolsters Wealth, Retirement Plan Advisement in Western US
The aggregator pens its 18th acquisition in 2024 by bringing on $1.6 billion ASI Wealth Management.
OneDigital Investment Advisors LLC has added a wealth management and retirement advisory firm with $1.6 billion in total assets as OneDigital bolsters its West Coast presence.
The registered investment adviser with more than $100 billion in assets under advisement across qualified retirement plans and individual wealth management is bringing on ASI Wealth Management from Bend, Oregon. The firm’s 14-person team, which advises across individuals and qualified retirement plans and includes Founder and President Randy Miller, will join OneDigital.
The deal is OneDigital’s 18th so far this year across its business units of wealth management, retirement planning and insurance; of those, 10 were in the West region of the U.S., expanding the Overland Park, Kansas-based firm’s presence there.
“This strategic acquisition aligns perfectly with our growth vision and solidifies our wealth management presence in Pacific Northwest,” said Vince Morris, president of retirement and wealth at OneDigital, in a statement.
ASI Wealth Management team members.
Miller started ASI in 1998 offering personal wealth management and retirement plan consulting to businesses and not-for-profits. The firm will continue to serve clients in Oregon and Washington, according to the announcement. It’s also a “succession planning” move, according to a statement by Miller.
“When I began succession planning, my two main goals were clear: to retain our talented team of advisers and staff, and to uphold our fiduciary standard, ensuring the exceptional care and personalized management our clients expect,” said Miller in a statement. “OneDigital emerged as the ideal partner due to their cultural alignment, client-centric focus and strong leadership. I am confident this partnership will allow our team to continue building on ASI’s legacy for many years to come.”