{"url":"https://nivawealth.com/firms/osaic-advisory-services-171070","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171070","regulatoryAum":15479826382,"crd":"171070","secFileNumber":"801-80075","legalName":"Osaic Advisory Services, LLC","displayName":"Osaic Advisory Services","website":null,"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2300 Windy Ridge Parkway, Suite 750","city":"Atlanta","state":"GA","stateName":"Georgia","country":"United States","postalCode":"30339"},"tradeNames":["76 Wealth Advisory","A. Gaines Financial","Ab Wealth Management","Aeon Wealth Management","Aiello Wealth Management","Aileron Wealth Management","Alera Group","American Portfolios Financial Services, Inc.","Anna C. Winslow, CPA","Arm Wealth Management","Armstrong Financial Partners","Ascent Financial Group","Baikie and Alcantara","Barons Financial Strategies Inc.","Basecamp Investments","Beacon Balanced Wealth","Beacon Financial Group","Blake Gallion, CFP","Bloomfield Hills Advisory","Blue Waters Wealth Advisors","Bokeh Financial, LLC","Brand & Co. 401(k) Advisors","Brand & Company 401(k) Advisors and Private Wealth Management","Briggs Financial Services","Brode Financial Group","CTM Financial Group, LLC","CTM Wealth Advisors","Cadent Wealth Management","Capital & Business Planning","Chestnut Financial Group","Chestnut Financial Group LLC","Clarity Capital Management","Clearview Financial, LLC","Cornerstone Asset Management","Creative Financial Partners","Cvach Financial Services","Daniels Financial Services","Darwish Financial","Delmarva Financial Group","Delta Financial Group (DFG)","Diamond Financial Partners","Duo Wealth","Duo Wealth Advisors, LLC","Em Financial","Emerald City Fiduciary Group","Emico Advisory Services","Empower Wealth Management","Fiduciary Financial Services","Financia Advisors","Financial Solutions","Finest Financial Group","First Choice Financial","Fortress Wealth Advisors","Freedom Point Financial","G&P Financial","GL Capital","Galbraith Financial","Gaulden & Associates","Geneva Wealth Management","George W. Hook III Financial Services","Gleason Financial Group","Gottier Investments","Green Valley Financial","Gugger Asset Management","Hachey Wealth Management","Hammerstrom Wealth Management","Head Investment Partners","Heritage Private Wealth Management","Hermann Financial Services, Inc.","Incomemax, LLC","Indicon, Inc.","Investment Designers, Inc.","Ironsight Wealth Management LLC.","Jobin Financial","Jobin Financial, Inc.","Justabout Wealth","Kampstra Wealth Management","Karl J. Korade, CPA Cdfa","Kars Wealth Management","Kerins Hendrickson Wealth Management","Koley Financial / Legal","Konty Financial Services","Kronos Wealth Management","Lakeview Asset Management","Lakeview Asset Management, LLC","Larson Financial Services","Lea Financial Group","Legacy Advisory Group","Legacy Capital Management","Legacy Wealth Management","Leveque Financial Services","Life Well Lived","Life Well Lived Financial Group","MC2 Wealth Solutions, LLC","MCM Investor Services","MFR","Michigan 401k Consultants","Moore Wealth Management","Morgan Capital Solutions, LLC","NW Investment and Retirement Group","Niemi Financial Services","North Shore Wealth Management Advisors","Northriver Financial Group, LLC","Northwest Capital","Northwest Investment & Retirement Group","Ocean Crest","Onmark Asset Management","Osaic Advisors","PFS Capital Management, LLC","Padden Financial Services","Papa Wealth Management","Papa Wealth Management LLC","Parsons Investments","Peak Wealth Management","Peak Wealth Management, LLC","Picacho Financial Consulting","Pierson Financial Group","Pillar Financial Advisors","Pinnacle Ascent Wealth Management","Place Financial Advisors","Platinum Bridge Wealth Strategies","Prestige Wealth Management","Procel Financial","Professional Planning & Wealth, LLC","Profitable Financial Strategies","RD Financial","Red Cedar Wealth Advisors","Retirement Plan Service Advisor","Right Financial Advisor","Rightview Private Wealth","River Rock Wealth Advisory","Rivertown Investment Advisors","Robare & Jones Wealth Management","Roberts Wealth Management","Rogers Financial Group, LLC","Schroeder Wealth Advisors","Scout Asset Management","Secure Financial Corp","Servet Wealth Management","Sladko Asset Management","Stepp Financial Services","Steven Morse and Co","Stonebridge Financial Group","Storm Fischer Investment Group","Strategic Wealth","Strickler and Moormeier","Sumner Financial","Syktich Financial, LLC","The Bycoff Group","The Doolittle Financial Network","Third Day Trading","Tribe Financial Group","Tridea Advisors","True Altitude Wealth Management","Upstate Financial Network, LLC","Viaquest Financial Group","Warnke Financial Services","Whitecliff Wealth Management","Wise Retirement Strategies 100","Women & Wealth Solutions"],"registration":{"secApproved":"17 July 2014","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":2180,"advisory":344,"brokerDealerReps":826,"insuranceAgents":200,"promoters":18},"aum":{"discretionary":15152871464,"discretionaryAccounts":49560,"nonDiscretionary":326954918,"nonDiscretionaryAccounts":899,"wrapProgram":1787003050,"nonUsClientsPct":0,"nonAumClients":170},"clientTypes":[{"label":"Individuals (other than HNW)","clients":25761,"regulatoryAum":6120974051},{"label":"High-net-worth individuals","clients":3755,"regulatoryAum":8887491297},{"label":"Pension and profit-sharing plans","clients":70,"regulatoryAum":21565977},{"label":"Charitable organizations","clients":38,"regulatoryAum":63231928},{"label":"Corporations and other businesses","clients":274,"regulatoryAum":386563129}],"fees":[],"feeNotes":[],"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":10452157090},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":4509554241}],"custodyNote":"Osaic Advisory Services has custody of $14.96B for 28,124 clients.","otherCustodians":[],"leadership":[{"name":"Cynthia Hamel","title":"President, Interim Chief Operating Officer","crd":"3014361"},{"name":"Matthew Schlueter","title":"Executive Vice President, Operations and Technology Solutions","crd":"2627931"},{"name":"Shawn Mihal","title":"SVP, Chief Compliance Officer","crd":"3262384"},{"name":"Christopher Mitchell","title":"Corporate Treasurer, Financial Principal","crd":"2420144"},{"name":"James Price","title":"Chairman","crd":"1243224"}],"ownership":[{"label":"Osaic Holdings, Inc.","detail":"Manager/sole member in the 75% or more ownership band and a control person, since May 2020."},{"label":"RCP Artemis Co-Invest GP, LLC","detail":"Indirect owner: general partner of RCP Artemis Co-Invest, L.P. and a control person, since May 2019.","parent":"RCP Artemis Co-Invest, L.P."},{"label":"RCP Artemis Co-Invest, L.P.","detail":"Indirect owner: a limited partner of Ag Artemis Holdings, L.P. in the 25% to 50% band and a control person, since August 2019.","parent":"Ag Artemis Holdings, L.P."},{"label":"RCP Olympus CV GP LP","detail":"Indirect owner: general partner of Reverence Capital Partners Olympus CV LP and a control person, since January 2026.","parent":"Reverence Capital Partners Olympus CV LP"},{"label":"Reverence Capital Partners Olympus CV LP","detail":"Indirect owner: a limited partner of Ag Artemis Holdings, L.P. in the 25% to 50% band and a control person, since April 2026.","parent":"Ag Artemis Holdings, L.P."},{"label":"Ag Artemis Holdings GP, LLC","detail":"Indirect owner: general partner of Ag Artemis Holdings, L.P. and a control person, since May 2019.","parent":"Ag Artemis Holdings, L.P."},{"label":"Ag Artemis Holdings, L.P.","detail":"Indirect owner: a shareholder of Ag Intermediate Corporation in the 75% or more band and a control person, since August 2019.","parent":"Ag Intermediate Corporation"},{"label":"Ag Intermediate Corporation","detail":"Indirect owner: a shareholder of Osaic Financial Services, Inc. in the 75% or more band and a control person, since May 2020.","parent":"Osaic Financial Services, Inc."},{"label":"Osaic Financial Services, Inc.","detail":"Indirect owner: a shareholder of Ag Parent Corporation in the 75% or more band and a control person, since May 2020.","parent":"Ag Parent Corporation"},{"label":"Ag Parent Corporation","detail":"Indirect owner: a shareholder of Osaic Holdings, Inc. in the 75% or more band and a control person, since August 2019.","parent":"Osaic Holdings, Inc."},{"label":"Ares Secondaries Acquisition Vehicle 24 Olympus LP","detail":"Indirect owner: a limited partner of Reverence Capital Partners Olympus CV LP in the 25% to 50% band and a control person, since April 2026.","parent":"Reverence Capital Partners Olympus CV LP"},{"label":"Ares Private Equity Secondaries I Management LP","detail":"Indirect owner: general partner of Ares Secondaries Acquisition Vehicle 24 Olympus LP and a control person, since January 2026.","parent":"Ares Secondaries Acquisition Vehicle 24 Olympus LP"},{"label":"NCL Investments IV LP Outside Opportunities Series A","detail":"Indirect owner: a limited partner of Ares Secondaries Acquisition Vehicle 24 Olympus LP in the 50% to 75% band and a control person, since January 2026.","parent":"Ares Secondaries Acquisition Vehicle 24 Olympus LP"},{"label":"NCL Fund IV GP LP","detail":"Indirect owner: general partner of NCL Investments IV LP Outside Opportunities Series A and a control person, since September 2024.","parent":"NCL Investments IV LP Outside Opportunities Series A"},{"label":"Treasurer of the State of North Carolina","detail":"Indirect owner: a limited partner of NCL Investments IV LP Outside Opportunities Series A in the 75% or more band and a control person, since October 2024.","parent":"NCL Investments IV LP Outside Opportunities Series A"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":200,"privateResidences":0},"listedOfficeAddresses":26,"officesByState":[{"state":"Alabama","offices":1,"addresses":[{"street":"1859 Ogletree RD","city":"Auburn"}]},{"state":"Colorado","offices":3,"addresses":[{"street":"1910 Vindicator Drive","city":"Colorado Springs"},{"street":"1910 Vindicator Drive","city":"Colorado Springs"},{"street":"88 Inverness Circle East","city":"Englewood"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"14 Maple Avenue","city":"Windsor"}]},{"state":"Florida","offices":2,"addresses":[{"street":"2100 Meadowlane Avenue","city":"West Melbourne"},{"street":"900 S. Pine Island RD","city":"Plantation"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"2300 Windy Ridge Parkway, Suite 750","city":"Atlanta","headquarters":true}]},{"state":"Idaho","offices":2,"addresses":[{"street":"828 8th Ave","city":"Lewiston"},{"street":"1414 E Center ST","city":"Pocatello"}]},{"state":"Kentucky","offices":1,"addresses":[{"street":"307 Washington ST.","city":"Frankfort"}]},{"state":"Michigan","offices":2,"addresses":[{"street":"6960 Orchard Lake Road","city":"West Bloomfield"},{"street":"300 E Long Lake Road","city":"Bloomfield Hills"}]},{"state":"Nebraska","offices":2,"addresses":[{"street":"1010 S 120th Street","city":"Omaha"},{"street":"14301 FNB Pkwy Ste 201","city":"Omaha"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"2329 Hwy 34","city":"Manasquan"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"701 Green Valley Road","city":"Greensboro"}]},{"state":"Ohio","offices":1,"addresses":[{"street":"5900 Landerbrook Drive Suite 205","city":"Mayfield HTS"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"37 South 5th Street","city":"Gettysburg"}]},{"state":"South Carolina","offices":2,"addresses":[{"street":"135 J Eagles Nest Drive","city":"Seneca"},{"street":"242 South Pleasantburg Drive","city":"Greenville"}]},{"state":"Texas","offices":2,"addresses":[{"street":"123 W. Mills Ave","city":"El Paso"},{"street":"Two Chasewood","city":"Houston"}]},{"state":"Virginia","offices":2,"addresses":[{"street":"21525 Ridgetop Circle Suite 175","city":"Sterling"},{"street":"8045 Leesburg Pike","city":"Vienna"}]},{"state":"Wisconsin","offices":1,"addresses":[{"street":"4311 N. Lightning Drive","city":"Appleton"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"866-580-8219","stateRegisteredReps":430,"otherAdviserReps":63,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":66},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":26},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"28 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171070/PDF/171070.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Osaic Advisory Services have?","answer":"Osaic Advisory Services has 29,898 clients and manages $15.5 billion for them, as of August 2026. They include 25,761 other individuals, 3,755 high-net-worth individuals and 274 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Osaic Advisory Services offer?","answer":"Osaic Advisory Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Osaic Advisory Services use?","answer":"Osaic Advisory Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $10,452,157,090 and Fidelity Brokerage Services LLC (Smithfield, RI), with $4,509,554,241. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 August 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Osaic Advisory Services have?","answer":"Osaic Advisory Services has 430 investment adviser representatives registered with state securities authorities, out of 2,180 employees, and 344 perform investment advisory functions. 826 are registered representatives of a broker-dealer and 200 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Osaic Advisory Services invest in?","answer":"At the end of its last fiscal year, Osaic Advisory Services’ separately managed accounts held 66% exchange-traded equities, 26% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 2% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Osaic Advisory Services?","answer":"Osaic Advisory Services is owned through a chain of holding companies by Treasurer of the State of North Carolina. Its direct owner is Osaic Holdings, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Osaic Advisory Services get paid?","answer":"Osaic Advisory Services is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}