Osaic has appointed technology veteran Sayee Bellamkonda as its new chief AI and technology officer, the Scottsdale, Arizona-based wealth management firm announced on Thursday.
In the newly created role at Osaic, Bellamkonda will oversee advisor- and client-facing technology, artificial intelligence, and cybersecurity strategy, and will sit on the firm's executive committee reporting directly to chief executive Jamie Price.
The hire lands at a moment when Osaic – one of the country's largest independent wealth management platforms, with roughly $700 billion in assets under administration – has been leaning heavily into artificial intelligence tools for its advisor network. In April, Price said the firm's AI-powered planning platform Jump and its workflow-automation tool Zocks reached nearly 30% advisor adoption within a year of launch, a pace he called unlike anything he had seen in a decade at the company.
Bellamkonda joins Osaic from Vialto Partners, the global mobility services firm spun out of PwC, where he served as executive vice president and chief digital and technology officer. In that role, he built the company's global technology organization following its separation from PwC. Earlier in his career, he held senior technology posts at CBRE, Ameriprise Financial and American Express, where he led digital, data and innovation initiatives.
"Sayee has spent his career connecting technology strategy with business outcomes, and he knows how to build the organizations, capabilities and culture needed to turn that strategy into action," Price said in the announcement. "Bringing a leader of Sayee's caliber to Osaic reflects the opportunity we have to build something consequential and underscores how important these enhancements are to our future."
Bellamkonda said the move comes at a pivotal time for the firm. "Technology and AI can create significant opportunities for our advisors and the clients they serve," he said. "I look forward to working across Osaic to build on the strong infrastructure already in place and responsibly apply data, AI and technology to support the company's long-term growth."
He holds a Global Doctor of Business Administration in AI and Data Science from Rennes School of Business in France, an MBA in Global Management from the University of Phoenix, and technology and engineering degrees from Delhi University and Nagarjuna University.
Bellamkonda's appointment comes after a stretch of departures across Osaic's leadership ranks over the past year. Kristen Kimmell, executive vice president of business development, who had overseen advisor recruiting since 2021, left the firm in June 2026 to rejoin RBC Wealth Management-U.S. as West Divisional Director.
Kimmell's departure followed the exits of two other senior executives roughly a month earlier: Dimple Shah, head of strategy and client experience, and Sudhakar Kanagarajan, head of application engineering and architecture, with Kanagarajan moving on to Fidelity Investments. Those moves came several months after Osaic brought in Shannon Reid, formerly of Raymond James' independent contractor division, as president and head of advisor growth and engagement – a newly created role reporting to Price.
More recently this month, Kevin Peterson, formerly a senior vice president of sales at Osaic, re-emerged at Carson as SVP of business development for the Omaha-based RIA's independent channel.
Bellamkonda's arrival also places Osaic alongside a growing list of wealth management firms elevating AI and technology leadership as a strategic priority. This week, LPL tapped a Wells Fargo veteran as its new chief technology and information officer, bolstering an already-formidable bench of tech and AI leadership it's been building since 2024.
Earlier in the summer, Raymond James brought on Vanguard's chief architect to drive its own AI strategy, while SEI and Destiny Wealth Partners likewise announced AI-focused executive appointments at the C-suite and senior executive levels.
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