When Osaic transitioned out of AIG in 2016, the wealth manager serviced approximately $150 billion in assets under administration (AUA) across four separate brands, with just 27 percent of those assets being fee-based. Fast forward to today and Osaic serves approximately $700 billion in AUA under a single unified brand, with fee-based assets approaching 50 percent – and rapidly growing.
That explosive expansion in the past 10 years has vaulted Osaic into one of the nation’s largest wealth management platforms, complete with a multi-affiliation model designed to support independent, entrepreneurial advisors.
Read the cover story from the June 9 issue of InvestmentNews where Osaic CEO Jamie Price recounts his firm's meteoric rise and looks ahead to further expansion in a rapidly changing industry.
Artificial intelligence will become capable of stock picking “faster than you think,” Jamie Price, president and CEO of Osaic, tells ThinkAdvisor in an interview. In fact, he argues, “if you’re running money algorithmically … you can set up rules and do i
Jamie Price, the Osaic CEO, recounts his firm's meteoric rise and looks ahead to further expansion in a rapidly changing industry. What a difference a decade makes. When Osaic transitioned out of AIG in 2016, the wealth manager serviced approximately $15
Macro and micro factors are working in the short term against a public listing for the $700bn brokerage firm. With 11,000 affiliated advisors and $700bn in assets, independent broker-dealer Osaic, by a few key metrics, resembles or surpasses what rival LP
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