The Nova Wealth team

Osaic adds $180M Buffalo FA team

Osaic, Inc., announced the addition of Nova Wealth, a Buffalo, NY-based independent wealth manager, with $180 million in client assets under administration.

Led by Elizabeth Evanisko, Jeffrey Gelormini, and Brett Komm, Nova Wealth focuses on investments, financial planning and insurance.

“By joining Osaic, we’re gaining even more independence, allowing us to more effectively choose the financial planning tools and resources that work best for our clients in helping them reach their goals,” said Evanisko, co-founder and wealth manager at Nova Wealth.

The announcement follows Osaic, which is backed by private investment firm Reverence Capital Partners, revealing upgrades and features to its retirement income planning tool, NextPhase, earlier this year.

Osaic’s wealth management network includes approximately 11,000 financial professionals, 270 financial institutions, and over $653 billion in assets under administration.

Read the article at Connect Money.

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