About Osaic Institutions, Inc.
About Osaic Institutions, Inc.
Osaic Institutions, Inc. is an independent, full-service broker-dealer. The company was formed in 1993 by several community banks in collaboration with the Connecticut Bankers Association (CBA). Osaic Institutions is headquartered in Meriden, Connecticut. Members of Osaic Institutions senior leadership team average over 25 years of experience working with investment professionals in the bank and credit union channel. The company is dedicated to a Premier Service Experience and employs regional relationship managers and productivity coaches to work directly with financial professionals in the field.
Osaic Institutions’ size & strength
Osaic Institutions has more than 230 community-based investment programs, along with over 750 financial professionals that utilize Osaic Institutions to provide wealth, investment, and insurance services to their customers.
Account safety
Osaic Institutions is an introducing broker-dealer and as such, we do not hold client investments. Osaic Institutions contracts with Pershing LLC., a BNY/Mellon company, to hold securities not held directly with a product provider. Pershing has 85 years of experience and both Osaic Institutions and Pershing are regulated by FINRA, the Financial Industry Regulatory Authority. Assets in your Pershing account, up to $500,000, are backed against bankruptcy of either Osaic Institutions or Pershing by SIPC — the Securities Investor Protection Corporation. Pershing also carries additional insurance that protects accounts of any size. Remember, these protections are only in the event of a bankruptcy of the brokerage firms and do not cover losses due to security price fluctuations. Some insurance products, such as fixed annuities, may offer a guarantee of principal. These guarantees are made by the insurance company based on their ability to pay claims. Variable annuities cannot guarantee principal but guarantees of a fixed income payment are also based on the company’s claims-paying ability.
Ownership structure
Your financial professional is affiliated with Osaic Institutions, which is part of Osaic, Inc. Osaic is one of the nation’s largest networks of independent wealth management firms serving over 10,000 financial professionals. Founded in 2006, the company is headquartered in Phoenix, Arizona, and has more than 2,200 employees across the country. Osaic’s mission is to help your financial professional serve your financial needs by providing them with tools and resources to manage your account and develop appropriate investment solutions based on your goals. Osaic and its affiliated firms are regulated by FINRA and the SEC. Additional information about Osaic can be located at: osaic.com/disclosures.
538 Preston Ave Meriden, CT 06450
203-599-6000
800-218-2827
For more information, visit our website at https://osaic.com/institutions
Investment and insurance products and services are offered through Osaic Institutions, Inc., Member FINRA/SIPC. Osaic Institutions and MSC Wealth Management are not affiliated. Products and services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.