Summit financial services company adds financial marketing firm

By ROI-NJ Staff
Summit | Jul 6, 2020 at 11:06 am

Simplicity Group Holdings, a Summit-based financial product distribution company, has acquired the Annuity Source Inc., an independent financial marketing organization, to its group of companies, it announced recently.

As part of the expansion of its business, Simplicity is bringing on TAS’ two original owners, Margo Thompson and Shannon Compton, as well as two key veteran employees, Heather Hutchinson and Courtney Juhl, as principals and shareholders.

“Partnering the TAS team with the growing team here is a natural fit and we are thrilled to have them join the group,” Simplicity CEO and President Bruce Donaldson said in a prepared statement. “The leadership behind TAS has done an incredible job of progressing the business over the last 29 years by consistently providing independent advisers and agents with premier marketing and operational support that they need to be successful.”

TAS has its headquarters in Washington state and an East region office in Ohio.

It is the 17th organization to join the Simplicity family of companies, the New Jersey firm said.

ROI-NJ Staff | editorial@roi-nj.com | @roinjnews