OSAIC INSTITUTIONS, INC.
Adviser information for OSAIC INSTITUTIONS, INC. last updated from Form ADV on March 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Connecticut, United States |
Employees
| Total Number of Employees | 722 |
|---|---|
| Investment Advisory/Research | 474 |
| Registered Broker-Dealer Representatives | 611 |
| Registered State Investment Advisers | 474 |
| Licensed Agents of an Insurance Company | 688 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 4,347 | $995.8M |
| Non-Discretionary | 4,131 | $2.6B |
| Total | 8,478 | $3.6B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 6,785 | $2.1B |
| HNW Individuals | 23 | $222.6M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 107 | $472.6M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 149 | $790.6M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 25 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 11-25 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsSOLICITATION SERVICES FOR OTHER ADVISERS |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 3.6B |
| Portfolio Manager to Program | Sponsor |
|---|---|
| OSAIC INSTITUTIONS INC. ADVISOR MANAGED ACCOUNT PROGRAM | OSAIC INSTITUTIONS INC. INVESTMENTS, INC. |
| OSAIC INSTITUTIONS INC.WEALTHSELECT PROGRAM | OSAIC INSTITUTIONS INC.INVESTMENTS, INC. |
Identifiers
| SEC RIA File Number | 801-67242 |
|---|---|
| SEC ERA File Number | 801-67242 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 35371 |
| Legal Entity Identifier | None |
Principal Office
538 PRESTON AVENUEMERIDEN
CT
United States
Monday - Friday, 8:30 A.M. TO 5:00 P.M.
Tel: 203-599-6000, Fax: 203-599-6001
Chief Compliance Officer
JOHN M. COONEY
SENIOR VICE PRESIDENT
538 PRESTON AVENUE
MERIDEN
CT
United States
Tel:
(203) 599-6016
Fax:
(203) 599-6004
J**********@********M
(Full email address available in API data)
Regulatory Contact
JOHN KOTH
ADVISORY COMPLIANCE MANAGER
538 PRESTON AVENUE
MERIDEN
CT
United States
Tel:
(203) 599-6015
Fax:
(203) 599-6004
J********@********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| AMARANTE, STEPHEN PAUL | Individual | – | PRESIDENT, CEO AND DIRECTOR | 10/2022 | < 5% |
| OSAIC INSTITUTIONS HOLDINGS, INC. | Domestic Entity | – | HOLDING COMPANY | 05/2015 | > 75% |
| COONEY, JOHN MICHAEL | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2016 | < 5% |
| GOZ, MARGARET C | Individual | – | EXECUTIVE VICE PRESIDENT, CFO & TREASURER | 06/2021 | < 5% |
| KOTH, JOHN MICHAEL | Individual | – | FINANCIAL & OPERATIONS PRINCIPAL | 05/2022 | < 5% |
| SCHLUETER, MATTHEW ADAM | Individual | – | DIRECTOR AND EXECUTIVE VICE PRESIDENT | 10/2022 | < 5% |
| CORNICK, GREGORY ALLEN | Individual | – | DIRECTOR | 10/2022 | < 5% |
| PRICE, JAMES DALE | Individual | – | CHAIRMAN | 10/2022 | < 5% |
| OSAIC HOLDINGS, INC. | Domestic Entity | OSAIC INSTITUTIONS HOLDINGS, INC. | SHAREHOLDER | 10/2022 | > 75% |
| AG PARENT CORPORATION | Domestic Entity | OSAIC HOLDINGS, INC. | SHAREHOLDER | 08/2019 | > 75% |
| OSAIC FINANCIAL SERVICES, INC. | Domestic Entity | AG PARENT CORPORATION | SHAREHOLDER | 05/2020 | > 75% |
| AG INTERMEDIATE CORPORATION | Domestic Entity | OSAIC FINANCIAL SERVICES, INC. | SHAREHOLDER | 05/2020 | > 75% |
| AG ARTEMIS HOLDINGS, L.P. | Domestic Entity | AG INTERMEDIATE CORPORATION | SHAREHOLDER | 08/2019 | > 75% |
| HODGE, TIMOTHY ROBERT | Individual | – | CHIEF OPERATIONS OFFICER | 01/2024 | < 5% |