The Finance Couple left LPL for Osaic through Innovative Financial Group as advisor moves show platform fit driving recruiting.

Osaic hired Shannon Reid from Raymond James as president and advisor-growth head, while Alex David left Raymond James for Equity Services.

Osaic, Raymond James and LPL added advisor recruits as firms compete on W-2 support, independent channels and planning-led platforms.

LPL and Raymond James led 2025 advisor recruiting gains, while Bank of America, Osaic, Fidelity and UBS posted net advisor losses.

Osaic says AI will not replace human advisors, but it could reshape investment research, selection and documentation.

Osaic secured more than $2B in new capital as Bain Capital joined investors, giving the wealth platform more room for growth.

Osaic moved Gateway Investments to its W-2 channel, while Raymond James and RBC added advisor teams from Merrill and UBS.

Osaic CEO Jamie Price says advisors have quickly adopted Jump and Zocks AI tools as wealth firms race to improve advisor workflows.

Dimple Shah is leaving Osaic as the firm manages leadership changes, platform consolidation and its next phase of growth.

Two Merrill teams combined at Wells Fargo FiNet, while Osaic and Raymond James added advisor teams in North Carolina and Kansas City.

LPL and Osaic added advisor talent from Raymond James and Stifel, bringing in teams tied to more than $1B in client assets.