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Simplicity Group Acquires Sawtooth Solutions, Enhancing its Wealth Advisory Offering
Wednesday 15 September 2021

US-based UMA (Unified Managed Accounts) platform Simplicity Group has acquired Minneapolis, US-based managed account investment solutions provider Sawtooth Solutions, LLC, the company said.

Sawtooth is a provider of unified managed account investment solutions to independent wealth advisors. Sawtooth provides access to hundreds of leading third-party asset managers, equipping advisors with model investment portfolios for all ranges of wealth, from the mass-affluent to the high net-worth.

As a tech-enabled platform, Sawtooth delivers institutional-quality operating services to clients ranging from individual wealth advisors to large banks and broker-dealers.

Simplicity said Sawtooth's scale and reach will be enhanced as it will now be available through the entire Simplicity distribution network.

Sawtooth, which will adopt the Simplicity brand, will continue to serve all its existing clients and a new base of advisors in the Simplicity distribution network.

Sawtooth was represented by Echelon Partners and Winthrop and Weinstine, P.A. and Simplicity was represented by Oppenheimer and Co. Inc. and Dentons Sirote PC.

Sawtooth Solutions is a flexible, comprehensive UMA (Unified Managed Accounts) platform built to fit the unique needs of every advisory firm.
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Date Published: 15/09/2021

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