Press Release

OneDigital Welcomes NY-Based StoneStreet Equity

Issued by OneDigital

June 22, 2023

Acquisition Brings $3.8 Billion to the OneDigital Platform and Expands Retirement Presence in New York and Northeast Region

OVERLAND PARK, KS –  OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital, a leading insurance brokerage, financial services and HR consulting firm (“OneDigital”), today announced the addition of StoneStreet Equity (StoneStreet), a retirement plan consulting and wealth management firm in Armonk, New York.

Founded by Robert A. Goldstein, StoneStreet Equity is a hands-on, level-fee fiduciary that stewards the institutional retirement plan process to attain the financial goals of their clients and their employees. As the retirement industry changes, StoneStreet’s focus has remained unchanged - always do the right thing while helping others. Spencer Goldstein, Principal & CIO of StoneStreet, Heidi Sidley, Principal & Managing Director of StoneStreet, and the entire StoneStreet team will continue to serve their valued clients in adjacent roles with OneDigital.

I have known Spencer, Heidi and Bob for the last few decades, and we are very excited about Stonestreet joining the OneDigital family. Beyond their great success in the traditional 401k space, they bring to OneDigital additional abilities to support our clients who offer defined benefit plans. The StoneStreet team provides a full suite of defined benefit plan asset management, de-risking, and pension risk transfer services to help clients manage their asset-to-liability ratio and reduce their pension liabilities over time. We continue to build out a best-in-class consulting platform for our clients to access a full range of business consulting strategies.   — Vincent Morris, President, Retirement + Wealth, OneDigital

“Our father, Bob Goldstein, a pioneer in the retirement plan industry, taught us first and foremost to treat our clients like family. His leadership, expertise, and values have driven our clients’ success in unmeasurable ways. Operating within the OneDigital ecosystem as an affiliate for many years, we’ve found our partners at OneDigital share these same core values. We are thrilled to join OneDigital to harness the power of partnering our specialization in pension risk transfer and defined benefit plans with OneDigital’s expertise and national reach in the retirement and wealth industry for the mutual benefit of all of our clients." said Heidi Sidley, Principal & Managing Director, StoneStreet and Spencer Goldstein, Principal & CIO, StoneStreet.

StoneStreet will bring $3.8 billion* in assets under advisement to OneDigital’s total assets serviced. OneDigital serves over one million participants and 41,000 individual accounts. Wise Rhino Group, M&A consulting firm, represented StoneStreet in the transaction.

*as of 6/30/22

About OneDigital

OneDigital’s team of fierce advocates helps businesses and individuals achieve their aspirations of health, success and financial security. Our insurance, financial services and HR platform provides personalized, tech-enabled solutions for a contemporary work-life experience. Nationally recognized for our culture of caring, OneDigital’s teams enable employers and individuals to do their best work and live their best lives. More than 75,000 employers and millions of individuals rely on our teams for counsel and access to fully integrated worksite products and services and the retirement and wealth management advice provided through OneDigital Investment Advisors. Founded in 2000 and headquartered in Atlanta, OneDigital maintains offices in most major markets across the nation. For more information, visit onedigital.com.

Investment advice offered through OneDigital Investment Advisors, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital.

About StoneStreet Equity

Based in Armonk, NY and founded by Robert A. Goldstein, StoneStreet Equity stewards the entire institutional retirement plan process. Applying their in-depth knowledge, sophisticated resources, fresh approach and ideas, StoneStreet’s advisers deliver superior retirement programs to attain the goals of their clients and plan participants. As the retirement industry changes, the focus of StoneStreet has remained unchanged - always do the right thing while helping others. For more information, visit stonestreetequity.com.

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