Simplicity Group has expanded its reach with the acquisition of Minneapolis-based Sawtooth Solutions, a leading provider of unified managed account investment solutions for independent wealth advisors. Sawtooth offers access to hundreds of third-party asset managers and delivers model investment portfolios for clients ranging from mass-affluent to high-net-worth individuals. The tech-enabled platform provides institutional-quality services to individual advisors, banks, and broker-dealers.
Through this acquisition, Sawtooth will now be available across Simplicity’s full distribution network, enhancing its scale and reach. The integration will combine Sawtooth’s expertise in outsourced investment management with Simplicity’s extensive resources, capital, and innovative platform. Advisors will benefit from advanced tools and solutions designed to meet the evolving demands of clients while supporting scalable growth. Sawtooth will adopt the Simplicity brand, serving its current clients and a new advisor base across the network…