Simplicity Acquires First Income Advisors

May 27, 2020 by Allison Bell

Simplicity Group Holdings, an insurance distributor, has acquired another distributor — First Income Advisors LLC.

Simplicity is a Summit, New Jersey-based company that has been an active buyer of life insurance, annuity and investment product distribution businesses. In April, it acquired Fidelity Financial Group of Houston.

First Income Advisors is an 8-year-old independent marketing organization (IMO) that’s based in Eden Prairie, Minnesota.

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Originally Posted at ThinkAdvisor on May 22, 2020 by Allison Bell.