Advisors managing combined assets of almost $800 million have joined Osaic, with new firms in Ohio and Oklahoma.
Firstly, veteran advisor Bart Butler, CFP, CPA, has chosen the independent broker-dealer’s OSJ Signature Equity Partners for the launch of Rightside Financial. Butler and his team previously managed approximately $400 million with VALIC Financial Advisors.
With more than 25 years in the industry, Butler, based on Columbus, Ohio, was with AIG Retirement for 23 years before it was spun off as Corebridge Financial in 2022.
“This move gives me the freedom to serve clients with great focus, not chasing trends, but walking with people through the real twists and turns of life,” Butler shared in a LinkedIn post.
Meanwhile, Osaic has also welcomed female-led firm ArrowPoint Wealth Advisors with offices in Oklahoma City and Edmond, Oklahoma. The new firm manages client assets of $379 million.
Advisors Mandy Dollar, CRPC, co-founder and chief executive officer, and Jennifer Wallis, co-founder and chief growth officer, are longtime friends. Dollar was previously with MidFirst Bank and holds a Sports and Entertainment Accredited Wealth Management Advisor designation allowing her to serve athletes and clients in the entertainment industry. Wallis holds the Behavioral Financial Advisor designation.
“Jennifer and I created a firm rooted in the belief that money should be empowering, not overpowering,” explains Dollar. “We’re thrilled to have Osaic’s support as we embark on this journey. Their dynamic platform equips us with the tools and resources needed to deliver the highest-quality service.”
Osaic recently announced a new addition to its Supported Independence W-2 channel as it welcomed Virtus Wealth Solutions, an all-women advisory firm based in Morgantown, West Virginia.
IRAs now hold nearly twice the assets of 401(k) plans — and most of that money didn't arrive through annual contributions.
A new survey finds that many women prioritize financial security but continue to leave savings in accounts that may not keep pace with inflation.
Roundhill, Bitwise and GraniteShares funds remain on hold while the agency weighs how novel ETFs should be regulated.
"Shares of alternative assets managers have lagged this year as investors grow wary of private-credit exposure."
The fintech platform is touting a new AI-free Planning Observations feature, which draws on IRS tax records to uncover opportunities for advisors.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
