Simplicity Group has acquired Professional Planning Services (PPS), a financial advisory business that combines wealth management and protection products for families, high-income earners, and small business owners.
PPS will rebrand under the Simplicity Wealth Advisors platform and operate from Simplicity’s Summit, New Jersey office.
The transaction brings Chris Lester, Keith Lester, and Katelyn Erchick into the partnership as Simplicity’s newest advisors.
“We have a long history working with Chris and the PPS team across our core wealth and protection business, and are excited to formally welcome Chris, Keith, and Katelyn to the partnership,” said Bruce Donaldson, Partner and CEO of Simplicity.
“Their team’s expertise in wealth and protection products will be a great asset as we continue to provide an unrivaled suite of financial solutions to clients as part of a holistic financial plan.”
Chris Lester, who led PPS, said the move deepens an existing relationship.
Our team is thrilled to deepen our relationship with Simplicity.
By combining forces with Simplicity, we will be able to further enhance our capabilities, including protection and accumulation products on one platform, and continue to provide exceptional financial services to our clients and support them in pursuit of a holistic financial plan,” Chris Lester commented.
PPS has built a reputation for tailoring strategies to client goals, blending retail wealth advisory services with protection products.
As part of Simplicity, the team gains access to a fast-growing network that provides advisors, institutions, and consumers with advanced tools and solutions to both grow and safeguard wealth.
