Simplicity Acquires August H. Velten & Associates, Welcoming August Velten as a Simplicity Partner
· cision pr newswire
AI Briefing
- Simplicity Group acquires August H. Velten & Associates, a retail wealth management firm.
- August Velten joins Simplicity as a partner in the acquisition.
- The acquisition expands Simplicity's presence in the retail wealth management market.
Context
Simplicity Group has acquired August H. Velten & Associates, an independent retail wealth management and annuity producer. The acquired company is based in Melbourne, Florida.
The acquisition brings August Velten into Simplicity as a partner, and the deal was announced on June 15, 2026.
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