Advisor moves: Osaic welcomes Valic veteran in Arizona, Janney hails $3.3B recruiting haul

Osaic, Janney, and Kingsview Partners have recently notched key recruitment wins, including one experienced advisor launching his own firm with Osaic and Janney celebrating more than a dozen additions to its private client group.

Osaic welcomes $125 million group from Valic

Osaic has welcomed PATH Financial Partners, a Fort Lauderdale-based team led by Jason Oestreicher. After more than a decade and a half at Valic Financial Advisors, Oestreicher launched PATH with support from Osaic’s technology platform. The group, which manages $125 million in assets under administration, focuses on serving public sector employees in Florida, including those in education, healthcare, and municipal roles.

Oestreicher, who grew up in the community he now serves, described the move as a personal milestone.

“I bought my childhood home from my father when he retired, and now I get to serve the same community I grew up in,” he said in a statement.

PATH has also partnered with Marshall Lee Rosen, an office of supervisory jurisdiction within Osaic recognized for its growth orientation.

Janney reels in 14 advisors in first half

Meanwhile, Janney Montgomery Scott has expanded its Private Client Group by bringing on 14 advisors in the first half of 2025, adding more than $3.3 billion in assets under advisement.

The new hires, who joined from firms such as Merrill Lynch, Morgan Stanley, and UBS, are spread across several states and include teams in New Jersey, Georgia, Maryland, Florida, Tennessee, and Illinois. The firm also opened a new branch in Short Hills, New Jersey.

Kevin Reed, president of Janney’s Private Client Group, described the firm's recruiting momentum as proof of its continued appeal to experienced financial advisors.

"As an independently operated, privately held firm where all employees have an ownership stake, we remain focused on offering the tools, resources, and support that advisors need to grow their business, while fostering a culture that prioritizes both advisor success and client needs,” he said.

Last year, KKR announced that it would acquire Janney from its Penn Mutual Life Insurance Company, continuing a trend of private equity firms expanding into the wealth management space.

Kingsview adds ex-marines from Edward Jones in Arkansas

Kingsview Partners has also expanded its national footprint, opening a new office in Mountain Home, Arkansas, led by Andy Farmer.

Farmer, who previously worked with Edward Jones and has more than 20 years of industry experience, specializes in comprehensive planning and retirement strategies.

A Marine Corps veteran, Farmer emphasized his commitment to client service, saying, “I chose my profession because I love serving my clients. I get to be their teacher, their coach, and their voice of reason.”

Farmer’s son, Zach – also a former marine service member – joined the practice last year, bringing a multigenerational approach to the firm’s client relationships.