Press Release

OneDigital Announces Addition to Compliance Leadership Team

Issued by OneDigital

July 29, 2024

Firm Bolsters Financial Services Practice for Growth

OVERLAND PARK, KS -- OneDigital Investment Advisors LLC, an SEC-registered investment adviser and wholly owned subsidiary of OneDigital, a leading insurance brokerage, financial services, and HR consulting firm , today announced a strategic restructuring of its Compliance and Legal teams to support continued growth and enhance the client experience.

Effective July 18, David Ito will join OneDigital Investment Advisors as Chief Compliance Officer. Ito brings over 24 years of regulatory compliance experience, including 11 years at the SEC. Prior to joining OneDigital, Ito served as Chief Compliance Officer and General Counsel at WealthSource Partners, acquired by OneDigital in January 2024. In this role, Ito will continue to focus on building a strong team committed to collaboration across all departments, ensuring a high standard of compliance and seamless client service.

With the strategic restructuring, Phil Troyer will continue as Senior Legal Counsel for OneDigital’s Financial Services practice. Since taking on the role of Chief Compliance Officer in 2013, Troyer has shepherded AUM growth from $2B to over $100B in that time, and conducted over 30 acquisitions for the brand, including firms specializing in institutional retirement and individual wealth management.

Phil’s decade-long dedication and contributions to OneDigital Investment Advisors have been invaluable, and we’re thrilled to welcome David on board, further strengthening our compliance efforts and fortifying the foundation for success. We're constantly evaluating how to best structure our organization for success, and these changes underscore our commitment to assembling a skilled team capable of navigating the complexities of a growing business.   — Vince Morris, President of Retirement and Wealth, OneDigital

OneDigital’s financial services practice has experienced tremendous growth, particularly over the last five years, with assets under management (AUM) more than doubling from $45 billion in 2020 to over $100 billion today. Concurrently, the operations team has expanded significantly, bolstered by strategic M&A activity and strong organic growth, investing in top talent to support this remarkable expansion.

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. Founded in 2000 and headquartered in Atlanta, OneDigital maintains offices in most major markets across the nation. For more information, visit onedigital.com.

OneDigital® is a registered trademark of Digital Insurance LLC (“OneDigital”) and is the marketing name used by Digital Insurance LLC and its affiliates to market their products and services. Each company has financial responsibility only for its own products and services. Investment advisory services offered through OneDigital Investment Advisors, a wholly owned subsidiary of OneDigital.

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