Simplicity Group Acquires Blue Ocean Financial Network as 36th Acquisition.
MANews-(C)2009-2022
New Jersey, US-based financial product distribution company The Simplicity Group has acquired California-based financial planner Blue Ocean Financial Network, marking its 36th acquisition in financial services, the company said.
Terms of the transaction were not disclosed.
Following completion, Blue Ocean will transition to the Simplicity brand, and the day-to-day operations will continue to be managed by Chris Yen.
Blue Ocean Financial Network is an agency in California directly licensed to sell US, offshore, and Hong Kong domiciled life insurance and annuity products.
Blue Ocean is comprised of experts in Foreign National underwriting, impaired risk underwriting...
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