Share Price


Osaic is an independent wealth management platform​

  • Overview
  • Overview
  • Investment DateJuly 2019
  • Lead InvestorReverence Capital
  • RegionUnited States
  • SectorFinancial Services
  • Percent of Fair Value4%
  • Key Theme
    Long-Term Secular Growth
    Low Cyclicality
  • Visit WebsiteOsaic
Value of Investment
Independent network of wealth management firms​
Company Description

Investment Thesis

  • Leading acquirer with a strong M&A track record in a fragmented, consolidating industry​
  • Secular tailwinds support share gains for independent platforms​
  • Multiple levers for organic growth and value creation


Investment Overview


Osaic is a leading independent wealth management platform supporting over 10,100 independent financial advisors and overseeing more than $410bn in client assets. The Company was originally formed in 1999 as the parent company for several of the wholly-owned wealth advisory subsidiaries of AIG. Osaic provides financial advisors with an industry-leading platform, a broad array of financial products, and mission-critical middle- and back-office support. ​

In February 2020, Osaic completed the transformative acquisition of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS) for a total enterprise value of $1.3bn. Osaic then successfully merged Investacorp, Securities Service Network and KMS Financial Services (three of Ladenburg's five broker-dealers) into Securities America in July 2020.


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