Business
Simplicity Continues Growth with the Acquisition of Northeast Brokerage and Adds Three New Partners
Simplicity Group Holdings ("Simplicity"), a leading financial products distribution firm, today announced the acquisition of Northeast Brokerage, a New England-based BGA with a focus on point of sale within financial institutions, P&C agencies, and other professional firms. With this deal, Simplicity welcomes Rex Cretella, Mark Gage, and Mike Costello to its partnership.
About this update from Simplicity Holding Ltd.
[{"type":"text","content":"SUMMIT, N.J., Aug. 19, 2025 /PRNewswire/ -- Simplicity Group Holdings ("Simplicity"), a leading financial products distribution firm, today announced the acquisition of Northeast Brokerage, a New England-based BGA with a focus on point of sale within financial institutions, P&C agencies, and other professional firms. With this deal, Simplicity welcomes Rex Cretella, Mark Gage, and Mike Costello to its partnership.","length":431,"tagName":"p"},{"type":"image","alt":"Simplicity Group (PRNewsfoto/Simplicity Group)","displaySize":"","headline":null,"caption":"Simplicity Group (PRNewsfoto/Simplicity Group)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":89,"url":"https://media.zenfs.com/en/prnewswire.com/227a1bdba168b73fd407cc8e083d629e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/9d8CagA_Q9H4CBzKOjgAzw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/227a1bdba168b73fd407cc8e083d629e","width":400,"height":89}},"href":"https://mma.prnewswire.com/media/1422336/Simplicity_Group_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""Northeast Brokerage has a well-established reputation for delivering extraordinary service to financial institutions, P&C insurance organizations and independent advisors, and we are excited to work with the entire Northeast Brokerage team to continue to expand Simplicity's presence this market," said Bruce Donaldson, Partner and CEO of Simplicity. "Rex, Mark, and Mike are dynamic sales professionals with a similar approach to serving clients, and we are thrilled to welcome them to the team."","length":526,"tagName":"p"},{"type":"text","content":""Joining Simplicity Group is a fantastic next step for us," said Rex Cretella. "This partnership provides us with access to an incredible network of resources and an expanded portfolio of products that will directly benefit our agents, advisors and their clients. We're excited to leverage the collective expertise and scale of Simplicity to take our service offerings to the next level."","length":412,"tagName":"p"},{"type":"text","content":"Mark Gage added, "Our decision to partner with Simplicity was driven by our shared commitment to growth and a client-centric approach. The support, tec...