Osaic has welcomed its first advisor team since it rebranded and began the consolidation of its large network of broker-dealers.
Based in Walnut Creek, California, Vitucci Integrated Planning has around $254 million in assets under management and the team of tax, financial planning and client support professionals is led by Jason Vitucci, co-founder and managing director.
With more than 25 years’ experience as a financial advisor, Vitucci joins Osaic from a 15-year affiliation with Cetera Advisors and was previously with AIG Financial Advisors, Sun America Securities and Securities America.
“With Osaic, we’re able to leverage superior services, technology, and resources to create efficiencies and allow our staff the time they need to create an exceptional client experience,” Vitucci said. “Osaic’s commitment to providing its advisors the flexibility and tools they need to grow their businesses prove they understand our business and fully support our expansion goals, as we look to further integrate wealth management and tax planning offerings.”
Osaic rebranded in June this year having previously been known as Advisor Group and before that as AIG Advisor Group when it was owned by American International Group. It has been owned by private equity firm Reverence Capital since 2016. The firm’s eight broker-dealers will begin transitioning to the Osaic brand in the fall.
The firm also recently hired Dynasty Financial Partners co-founder Ed Swenson to oversee the broker-dealer network’s forthcoming RIA channel strategy
“As Osaic charts its course in a quickly evolving wealth management industry, we are seeing growing interest from advisors and practices across the independent space who want to be a part of the future we are building,” said Kristen Kimmell, executive vice president of business development at Osaic. “It’s an exciting time at Osaic, and we are proud to partner with Vitucci Integrated Planning.”
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