Union Bank and Osaic Affiliate Savage And Associates Forge Strategic Partnership to Expand Financial Services in Ohio

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 transition approximately $127 million in assets under administration from LPL to Osaic, significantly expanding investment services across northwest and central Ohio. The partnership aims to provide Union Bank's retail clients, small-business owners, and agricultural community members with 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 nearly 190 years of combined experience in client service that this agreement leverages to offer higher-end services. Union Bank, with its roots dating back to 1904, has been a cornerstone for rural and close-knit communities, focusing on families, small businesses, and agricultural clients. This partnership is poised to deepen the bank's commitment to these communities by enhancing the financial services available to them.

J.R. Toland, president and CEO of Savage and Associates, emphasized the alignment of values between the two organizations, particularly their shared focus on client-first, community-based financial guidance. This 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 technology and resources, Savage and Associates offers a robust platform that aligns with Union Bank's goal to elevate its client offerings.

Kristen Kimmell, executive vice president of business development at Osaic, noted that this partnership exemplifies the collaborative spirit Osaic is designed to support. It brings together organizations with a shared commitment to client-centered service and deep community ties, facilitating growth through strategic partnerships and tailored resources. This affiliation underscores Osaic's dedication to empowering independent advisors with scalable platforms and a culture of partnership, contributing to its expansion in regional markets.

For more information about Osaic and its services, visit https://www.osaic.com. This partnership marks a significant step forward in enhancing financial services and investment opportunities for communities in Ohio, reflecting a shared vision for growth and client service excellence.