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 marks a significant step in expanding investment services and personalized financial guidance for Union Bank's retail clients, small-business owners, and the agricultural community across northwest and central Ohio. The partnership involves the transition of approximately $127 million in assets under administration from LPL to Osaic, enabling a broader range of investment solutions.

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 offer higher-end services. Union Bank, with its deep roots in rural and close-knit communities since 1904, focuses on serving families, small businesses, and agricultural clients. This partnership aligns with the bank's mission to provide client-first, community-based financial guidance.

J.R. Toland, president and CEO of Savage And Associates, emphasized the shared values between the two organizations, noting the partnership as an opportunity to expand their regional presence while maintaining a strong client focus. Supported by Osaic's technology and resources, Savage And Associates is poised to enhance Union Bank's client offerings through a robust platform and an experienced advisor network.

Kristen Kimmell, executive vice president of business development at Osaic, underscored the partnership's significance in bringing together organizations committed to client-centered service and community ties. This collaboration exemplifies Osaic's support for advisors through strategic partnerships and tailored resources, contributing to the firm's expansion in regional markets. For more information about Osaic, visit https://www.osaic.com.