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Press Releases by Date   |   Press Releases by Company Name

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Press Release

Kistler Tiffany Benefits, A OneDigital Company, Acquires Advanced Benefits Concepts

Issued by OneDigital

Sept. 10, 2020

Acquisition of New Jersey-Based Firm Will Create First Ancillary-Focused Division and Serves as New Service Deliverable for Broker Partners

Berwyn, PA – September 10, 2020 – Kistler Tiffany Benefits, a OneDigital company, and leading employee benefits general agency in Pennsylvania, Delaware and New Jersey, announced today the acquisition of Advanced Benefits Concepts (ABC) located in Cherry Hill, New Jersey. This strategic partnership brings together the region’s top health and ancillary benefits experts and will formalize a wholly ancillary resource and approach within Kistler Tiffany Benefits, bringing scale and focus to a growing organization.

This strategic initiative is the first acquisition for Kistler Tiffany Benefits since it became part of OneDigital in January 2020 and is an important new component of the General Agency’s value proposition.

"Tom and ABC have a long-standing history of being the Ancillary experts within our region. This new partnership is equally about people as it is about industry expertise. Tom is a consummate professional who truly cares about his team, broker partners and clients—our approach and values are completely aligned. The team and I look forward to growing this new strategic resource with Tom’s insight and see this as a clear example of how we continue to expand our agency offerings and thoughtfully and increasingly provide value to our broker partners."

— Joe Dowd, Managing Principal, Kistler Tiffany Benefits

“I am excited to join the Kistler Tiffany Benefits’ family for a multitude of reasons,” said ABC President and Owner, Tom Shank. “We have found partners that hold very similar values and approach as we do as a company but have also given us the runway to continue to do what we do best in terms of our ancillary strategy and approach. After so many years in the business, it is exciting to have an opportunity to build something again. The brokers that we currently work with should expect the same great team and experience now coupled with even more resources and opportunities related to compliance and technology. And I look forward to creating relationships and delivering meaningful value with Kistler Tiffany broker partners as well.”

As part of this acquisition, Tom Shank, who previously held the role of President and Owner of ABC, will assume the title of General Agency Ancillary Manager & Principal and will work closely with Kistler Tiffany Benefits’ leadership team. The current ABC staff will also join in this new venture.

OneDigital’s comprehensive advisory services and market-leading solutions are offered in over 100 offices throughout the country, serving close to 60,000 customers. The firm has a well-established track record of working with broker agencies, fueling their investments in technology solutions and other resources that deliver efficiencies for broker partners and the customers they serve.

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.