Union Bank and Osaic Affiliate Savage And Associates Forge Strategic Partnership to Expand Financial Services in Ohio
Union Bank's partnership with Savage And Associates, an Osaic affiliate, aims to enhance investment services and financial guidance for clients in northwest and central Ohio, transitioning $127 million in assets under administration to Osaic.
The Union Bank Co. has announced a strategic partnership with Savage And Associates, an affiliate of Osaic, one of the nation's leading wealth management strategy providers. This collaboration is set to significantly expand investment services across northwest and central Ohio, transitioning approximately $127 million in assets under administration from LPL to Osaic. The partnership is designed to offer Union Bank's retail clients, small-business owners, and the agricultural community access to a wider array of investment solutions and personalized financial advice through the Savage And Associates advisor network.
Brian D. Young, president and CEO of The Union Bank Co., expressed enthusiasm about the partnership, highlighting the combined 190 years of experience in client service that this agreement leverages to provide higher-end services. Similarly, J.R. Toland, president and CEO of Savage And Associates, emphasized the shared values and client-focused reputation that underpins this strategic expansion. The partnership not only allows Union Bank to broaden its services but also enables Savage And Associates to strengthen its regional presence.
Supported by Osaic's advanced technology and resources, Savage And Associates was identified as the ideal partner to elevate Union Bank's client offerings. With most of Union Bank's 14 branches located in rural communities, this partnership is poised to deepen both organizations' reach into underserved markets, all while maintaining a commitment to relationship-based, values-driven service. Kristen Kimmell, executive vice president of business development at Osaic, remarked on the shared focus on client-centered service and deep community ties that this partnership exemplifies, showcasing Osaic's support for advisors through strategic partnerships and tailored resources.
This affiliation underscores Osaic's dedication to empowering independent advisors with scalable platforms and advisor-focused resources, contributing to its expansion in regional markets. For more information about Osaic, visit https://www.osaic.com.