Simplicity Expands its Strategic Offering with the Acquisition of Planscope360™ and Welcomes New Partners, Al Otto and Robert McLean

SUMMIT, N.J., July 23, 2025 /PRNewswire/ -- Simplicity Group Holdings ("Simplicity"), a leading financial products distribution firm, today announced the acquisition of Planscope360™ (Planscope), a Durham, NC-based integrated administration platform dedicated to serving the K-12 market. Initially backed by Verity, a recent Simplicity acquisition, Planscope360 is led by Al Otto and Robert McLean, both of whom join as Simplicity Partners.

"We are thrilled to welcome Al, Rob and the Planscope team to Simplicity and we join their commitment to serve educators and administrators with a revolutionary platform designed to improve access to top quality accumulation and protection products," said Bruce Donaldson, Partner and CEO of Simplicity. "With Simplicity's resources and support, we will be able to improve the retirement planning process and increase participant engagement for K-12 educators and administrators across the country."

"Planscope360 was built to create a new standard of best practice in Governmental 403(b) and 457(b) plan oversight. We are proud to partner with Simplicity to expand this platform with enhanced products and technology for K-12 educators and administrators," said Al Otto. "With Amy Simonson and Jeff Munsey providing great thought leadership, we know that joining forces with Simplicity allows us to improve our efficiencies and bring transparency and accountability to the industry."

Robert McLean added, "Planscope has been focused on introducing a new paradigm in retirement planning to the K-12 workforce, simplifying the process to deliver more engagement and enrollments. Our strategic alignment with Simplicity is complemented by our shared values and culture and we are excited to combine forces and better serve this important community or educators."

About Planscope360^TM
PlanScope360™ delivers integrated savings and retirement plan solutions specifically designed for school districts. From retirement to financial wellness programs, PlanScope360™ helps districts attract and retain top talent while managing costs with full transparency. For more information, please visit https://www.planscope360.com/ 

About Simplicity Group
Simplicity is the leading partner for advisors, financial institutions, and consumers by delivering the best combination of wealth accumulation and financial protection products that meet the needs of a consumer-oriented holistic financial plan. As one of the fastest growing partnerships in the financial services industry, Simplicity offers an unrivalled array of tools and technologies to grow and protect wealth, which can be accessed through affiliation, outsourcing, or joining the partnership. In an ever-changing environment, Simplicity's commitment to working in our clients' best interest is unwavering and has always been anchored to our commitment to Education, Value, and Partnership. For more information, please visit: www.simplicitygroup.com and follow the Company on LinkedIn.

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SOURCE SIMPLICITY FINANCIAL MARKETING