# OneDigital

OneDigital is an Employee Benefits and HR Consulting based in Atlanta, United States.

## Overview

- **Organization type:** Employee Benefits and HR Consulting
- **Headquarters:** Atlanta, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** onedigital.com
- **LinkedIn:** https://www.linkedin.com/company/onedigital

## Regulatory record

- **Reports private funds:** No

## About

Founded in 2000 by Tom Wamberg, OneDigital began as a traditional employee benefits brokerage in Atlanta. The firm restructured in 2020, backed by New Mountain Capital, and installed Adam Bruckman as CEO to execute a roll-up strategy focused on acquiring mid-market insurance and retirement advisory firms across the United States. Today, OneDigital serves over 100,000 employers and positions itself as the largest company of its kind exclusively focused on employee benefits. The firm operates across three primary business lines: employee benefits advisory, retirement plan services, and HR consulting. Investment activity flows through its acquisition pipeline rather than marketable securities; OneDigital does not raise external funds but uses balance-sheet capital and private-equity sponsorship to buy agencies. Confirmed acquisitions include Arlington, Virginia-based Westminster Consulting (retirement plans), Massachusetts-based ERA Group (property and casualty), and Ohio-based Horan (health and wealth advisory). Geographic coverage spans all 50 states, with dense office clusters in the Southeast, Mid-Atlantic, and Midwest. Headcount exceeds 4,000 professionals spread across more than 100 offices nationally. In August 2024, the firm merged with Roseland, New Jersey-based Corporate Synergies, a large benefits and risk management advisory firm with a strong Northeast footprint — a deal that underscores OneDigital's push into employer-sponsored health plan innovation. The firm operates adjacent service lines through dedicated practice groups, including OneDigital Investment Advisors (RIA) and OneDigital Health (digital health navigation tools for employers). OneDigital's structure diverges from typical private-equity portfolio companies by maintaining decentralized regional leadership while centralizing capital allocation for M&A. Acquired agencies retain their brand equity and local client relationships, but integrate back-office compliance, technology, and national carrier contracts through the parent entity. This hub-and-spoke model allows rapid scaling without disrupting existing advisory relationships — a design that has attracted over $2 billion in enterprise value and continued PE interest as of New Mountain Capital's majority stake.

## Sectors

- Financial Services
- InsurTech
- Healthcare Services
- Private Equity

## People

- Adam Bruckman — CEO

## Questions

### Who owns OneDigital?

New Mountain Capital, a New York-based private equity firm with over $50 billion in assets under management, acquired a majority stake in OneDigital in 2020. The firm's leadership team, including CEO Adam Bruckman, retains minority equity and operational control. The original founder, Tom Wamberg, exited the business following the recapitalization.

### How does OneDigital generate revenue?

OneDigital earns commissions and advisory fees from insurance carriers for brokering group health, dental, vision, life, and disability policies. Additional revenue comes from retirement plan advisory fees, HR consulting retainers, and investments in digital health platforms. The firm does not charge employers directly for core brokerage services — carriers compensate OneDigital through standard industry commissions.

### Is OneDigital an investor or an operating company?

OneDigital is an operating company that grows through acquisition, not a fund that deploys capital into portfolio companies. It acquires insurance and retirement advisory agencies, integrates them into its national platform, and retains the existing management teams. New Mountain Capital provides the equity capital for these acquisitions but OneDigital itself does not invest in third-party businesses.

### Does OneDigital manage any investment funds?

OneDigital Investment Advisors, a registered investment advisor subsidiary, provides fiduciary retirement plan advisory services to employer-sponsored 401(k) and 403(b) plans. It does not manage pooled investment vehicles, hedge funds, or private equity funds. The parent company's capital is corporate, not sourced from external limited partners.

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Last updated: 2026-06-03T20:00:00.000Z

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