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OneDigital Acquires Westminster Consulting, LLC
Issued by OneDigital
Apr. 22, 2021
Acquisition Expected To Add Approximately $6 Billion to OneDigital’s Assets Under Management
ATLANTA, GA – April 22, 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 Westminster Consulting, LLC.
The addition of Westminster Consulting will support OneDigital’s broader Retirement and Wealth division with streamlining fiduciary and investment consulting to defined contribution and defined benefit plans.
Thomas Zamiara, a partner at Westminster Consulting, said, “From the beginning, OneDigital recognized and acknowledged Westminster’s strong reputation for going beyond traditional investment consulting to help our clients meet their plan and financial goals. This complimentary alignment broadens the depth of solutions and further strengthens our ability to deliver the highest quality of service to our clients.”
M&A consulting firm, Wise Rhino Group, represented Westminster Consulting in the transaction. Upon joining OneDigital, Westminster Consulting will operate under the registered investment advisory of OneDigital Investment Advisors—adding over 71 retirement plans, representing $6 billion in plan assets. Thomas Zamiara and Sean Patton, overseeing Westminster Consulting, will join OneDigital each as Senior Vice President of Retirement Services. The entire Westminster team will join OneDigital serving in adjacent roles from the home office in Rochester, NY and locations in Syracuse, NY, Princeton, NJ, and Great River, NY.
With Westminster Consulting's joining, OneDigital’s comprehensive advisory services and market-leading solutions are offered in more than 100 offices and over 50 retirement wealth offices across the United States, serving around 85,000 clients, 5,000 retirement plans, and approximately 900,000 participants.
OneDigital is the 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 2,400+ 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. 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.
About Westminster Consulting
Westminster Consulting is a leading consulting firm that provides fiduciary advice, counsel, and investment analysis to Boards of Directors, Trustees, Investment Committees, and other Investment fiduciaries. For more information on Westminster Consulting, you can visit www.westminster-consulting.com.
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