Prime Capital, OneDigital Name Executives to President Positions
Two registered investment advisors with significant presence in individual wealth and employer-based retirement plan advice have appointed new firm-wide leaders by promotion from within.
Prime Capital Financial, an Overland Park, Kan.-based RIA with more than $40 billion in client assets, has promoted Scott Duba to the newly created position of president, from his prior role as chief investment officer and president of wealth management.
In the new role, Duba will take on a broader leadership role across Prime Capital’s business lines, including retirement plan advice and the recently created family office and tax divisions. Duba had joined Prime Capital in 2021 from RIA Mariner Wealth Advisors.
Prime Capital pointed to Duba’s role in expanding the firm’s alternative investment offerings and growing its tax advisory, multi-family office and financial planning and insurance services.
In addition, Prime Capital announced that Will McGough has been promoted to chief investment officer of the firm, following his former role as deputy CIO. McGough joined Prime Capital in 2023 as director of investments, having built his own capital markets and asset and wealth management consulting practice.
McGough will now oversee a team of 12 investors and steer Prime Capital’s investment strategy, portfolio management, trading and research functions. The firm noted that McGoush is “an early innovator in ETF‑based solutions and defined-contribution advisor‑managed accounts.”
Prime Capital, which has a minority investment from Abry Partners, has been adding service lines even as it acquires wealth management firms.
In late 2024, the RIA hired retirement plan advisor Jania Stout to oversee its retirement and financial wellness channels. Last year, it bolstered its retirement plan expertise by hiring Fred Reish from the law firm Faegre Drinker to lead its fiduciary and Employee Retirement Income Security Act practice.
Financial advisory OneDigital, which is also an insurance brokerage and HR consulting firm, separately announced that Bill Carew has been promoted from chief operating officer to president of the $143 billion, Atlanta-based company.
Carew joined OneDigital in 2013 through its acquisition of Ovation Benefits, where he had been a managing principal at the then-independent employee benefits firm. Carew became COO of OneDigital in 2019, overseeing collaboration across the firm’s business lines.
As president, he will continue to seek alignment across OneDigital’s regional offices and platform-level businesses that connect employee benefits, HR and financial services, while reporting to Chairman and CEO Adam Bruckman.
“OneDigital’s financial services and wealth management business is a core growth engine for the firm and a critical way we deliver long-term value for both plan sponsors and individual households,” Carew said via email. “What makes that platform especially powerful at OneDigital is how it connects with our broader ecosystem—allowing us to support people from the moment they begin saving through every stage of building and protecting their wealth.”
His former role as COO will be filled by Camry Blaising, who had been executive vice president of operations. Blaising also joined OneDigital via acquisition in 2019 from Northwestern Benefit, where she was also COO.
In her new role, she will oversee the day-to-day operations of the organization while leading its national practices, Centers of Excellence and corporate operations.
The moves come a few months after OneDigital sold a majority stake to Stone Point Capital and Canada Pension Plan Investment Board in a deal that valued the RIA at more than $7 billion. This week, the RIA also announced the addition of private market investment options to its personalized portfolio program for 401(k) plan sponsors.
The two RIAs bolster their leadership structures as they seek to capitalize on the connection between their wealth advice and employer-sponsored plan clientele, among both plan participants and firm executives. That connection has proven challenging to some firms, but remains a focus area of large RIAs overseeing billions of assets across both individual wealth management and retirement plans.
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