Osaic Foundation launches at ConnectED

Bringing Osaic financial professionals and employees together to positively impact communities across America

PHOENIX, Oct. 23, 2023 — Osaic, one of the nation's largest providers of wealth management services, announced today, during its flagship ConnectED conference, the launch of the Osaic Foundation, a separate nonprofit entity through which Osaic will implement its philanthropic and community service activities.

Vice Chairman of Osaic and CEO of American Portfolios Lon Dolber will serve as the Foundation’s Chairman, and Erinn Ford, EVP, Advisor Engagement, and Independent Channel Leader, will serve as its President.

“One of Osaic’s competitive advantages has always been our people,” said Jamie Price, President and CEO of Osaic. “The Foundation directly supports the hands-on volunteer work of our financial professionals and employees who give back as individuals in their communities or as teams in larger regional and national causes focused on building thriving communities, advancing financial literacy, and increasing diverse representation through workforce development.”

Elevating impact
“I couldn’t be more excited—and proud—to be part of the Osaic Foundation, a shared approach to reinforce the impact our financial professionals, enterprises, institutions, and employees have when giving back to their local communities,” said Mr. Dolber. “Being active in charities and charitable activities isn’t new. But now we’re aspiring to something bigger.”

Throughout 2023, the Osaic Foundation was operating in a pre-launch phase and expects to contribute nearly $1 million to national and regional charities across America before the year is over. To date, Osaic and its charitable programs have made or are about to make the following donations:

  • $350,000 to national and regional charities where Osaic financial professionals and employees were involved in hands-on experiences, with $150,000 in our participant donations made to those same causes
  • $165,000 in donations to 110 charities in 81 communities across 22 states as part of the Local Community Grant Program for Osaic employees
  • An estimated $300,000 to be donated in December to charities that Osaic-affiliated financial professionals actively volunteer with through the Local Community Grant Program for Osaic financial professionals

The Foundation’s financial impact and reach are expected to grow in 2024, and thereafter.

Ms. Ford explained, “Our Osaic financial professionals and employees are passionate about so many great causes that help the communities we serve who are in real need. The Osaic Foundation enables us to further support the good work they do by scaling the time equity they invest in these charities and increasing their financial impact through local grants.”

Partnering with NourishPHX
As part of the launch at ConnectED, the Osaic Foundation will make a $10,000 grant to aid the financial literacy program at NourishPHX, which serves vulnerable individuals and families in the Phoenix area by delivering resources to satisfy immediate needs and providing pathways to self-sufficiency. The team at Osaic also sold limited edition Osaic-branded merchandise at the event with all profits—expected to total more than $10,000—donated to NourishPHX.

Financial professionals and employees worked side-by-side during ConnectED to assemble financial literacy kits that included books and take-home resources, including Spanish language materials, to reinforce the principles taught in monthly workshops. Additionally, in the lead-up to ConnectED, financial professionals and employees also volunteered at NourishPHX to distribute 12,000 lbs. of fresh food donated by local businesses to more than 200 families served by the charity.

Osaic Foundation Board
Joining Dolber and Ford on the Board of Directors are eight other executives, joined by program committees comprised of financial professionals and employees from across the Osaic network.

About Osaic
Osaic, Inc. (“Osaic”), a portfolio company of Reverence Capital Partners, is one of the nation’s largest providers of wealth management solutions, supporting over 11,000 financial professionals. Our mission is to support the strategic role that financial professionals can play in the lives of their clients. Cultivating a spirit of entrepreneurship and independence, Osaic champions the enduring value of financial professionals. For more information visit www.osaic.com

About the Osaic Foundation
The Osaic Foundation is a separate legal entity from Osaic, Inc. (“Osaic”) and is registered in Arizona as a 501(c)(3) private foundation. It is funded solely by Osaic and does not accept any external or individual donations. Its mission is to empower lives through experiential events that build thriving communities, education support that enriches financial literacy, and workforce development that increases diverse representation. It prioritizes hands-on, grant-supported volunteerism in communities where Osaic’s employees and affiliated financial professionals live and work.

Securities and investment advisory services are offered through the firms: FSC Securities Corporation, Osaic Wealth, Inc., Triad Advisors, LLC, Osaic Institutions, Inc., and Woodbury Financial Services, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Securities America, Inc., American Portfolios Financial Services, Inc., and Ladenburg Thalmann & Co., broker-dealers and member of FINRA and SIPC. Advisory services are offered through Arbor Point Advisors, LLC, American Portfolios Advisors, Inc., Ladenburg Thalmann Asset Management, Inc., Securities America Advisors, Inc., and Triad Hybrid Solutions, LLC, registered investment advisers. Advisory programs offered by FSC Securities Corporation, Osaic Wealth, Inc., Securities America Advisors, Inc., Triad Advisors, LLC., and Woodbury Financial Services, Inc., are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser.

Media inquiries
Joseph Kuo / Donald Cutler
Haven Tower Group
jkuo@haventower.com or dcutler@haventower.com
424-317-4851 or 424-317-4864

Securities and investment advisory services are offered through the firms: Osaic Wealth, Inc., Triad Advisors, LLC, and Osaic Institutions, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Securities America, Inc., American Portfolios Financial Services, Inc., and Ladenburg Thalmann & Co., broker-dealers and member of FINRA and SIPC. Advisory services are offered through Arbor Point Advisors, LLC, American Portfolios Advisors, Inc., Ladenburg Thalmann Asset Management, Inc., Securities America Advisors, Inc., and Triad Hybrid Solutions, LLC, registered investment advisers. Advisory programs offered by Osaic Wealth, Inc., Securities America Advisors, Inc., and Triad Advisors, LLC., are sponsored by Vision2020 Wealth Management Corp., an affiliated registered investment adviser. 6192409

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