Osaic Wealth, Inc.

Broker-DealerFINRA Member

Total AUM

$235B

Discretionary

$161B

69% of AUM

Accounts

850,797

Employees

8,979

Advisory reps

11,579

Brokerage reps

7,655

Firm details

Headquarters: Scottsdale, Arizona
CRD number: 23131
Registered since: September 10, 1997
Website: osaic.com
Custodians: PERSHING LLC, NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals48.3%
HNWI48.27%
Corporations / Businesses2.29%
Charitable Organizations0.68%
Pension & Profit Sharing Plans0.46%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Osaic Wealth, Inc. is a corporate, independent broker-dealer and insurance broker that provides both advisory and brokerage services to individual, family and institutional clients. The firm is SEC-registered (registration year: 1997) and offers a mix of fee arrangements, including percentage-of-AUM, hourly charges and fixed fees. Its advisory capabilities range from financial planning and portfolio management for individuals and small businesses to portfolio management for institutions, pension consulting and the selection of third-party advisers; the firm also runs educational seminars and workshops. The firm is identified as an active ESG investor and participates in sponsor/GP roles for pooled investment vehicles, while not acting as a direct capital allocator. Its business model combines broker-dealer distribution and insurance intermediation with a substantial advisory platform that accommodates both discretionary and non-discretionary relationships.