Osaic hires chief AI and technology officer. Sayee Bellamkonda joins from Vialto Partners and will report to CEO Jamie Price. The move follows several executive departures and a $2 billion recapitalization. Diana Britton, Executive Editor, Wealth Management August 27, 2026 Osaic has hired Sayee Bellamkonda as its new chief artificial intelligence and technology officer. He joins from Vialto Partners, a global provider of tax and mobility solutions, where he was executive vice president and chief digital and technology officer, and will report directly to CEO Jamie Price. He replaces Ed Obuchowski, who served as chief technology officer until his departure from the firm last year, according to public filings. Since then, Matt Schlueter has overseen the technology function in his role as chief product and operations officer. The broker/dealer is adding the chief AI title to the role, as Osaic continues to integrate AI into its technology platform. "Bellamkonda's recruitment marks a strategic investment in Osaic's integrated technology capabilities as the firm advances its short- and long-term technology and AI roadmap," the firm said in a statement. He'll focus on improving the company's tech, data and AI infrastructure and scaling the tech platform across the enterprise. "Sayee has spent his career connecting technology strategy with business outcomes, and he knows how to build the organizations, capabilities and culture needed to turn that strategy into action," said Price, in a statement. "Bringing a leader of Sayee's caliber to Osaic reflects the opportunity we have to build something consequential and underscores how important these enhancements are to our future." This follows the departure of several top Osaic executives, including Greg Cornick, executive vice president of wealth management solutions, and Kristy Britt, chief financial officer, last month. Kristen Kimmell, who had served as Osaic's head of business development since 2021, left in June to rejoin RBC Wealth Management, her former employer. Two other senior Osaic executives stepped down from their roles in May, including Dimple Shah, head of strategy and client experience, and Sudhakar Kanagarajan, head of application engineering and architecture. Shah joined Humanity Labs, while Kanagarajan joined Fidelity Investments. In December, the firm hired Shannon Reid as president and head of advisor growth and engagement, a newly created position. Also, in April, Osaic's private equity owner, Reverence Capital Partners, closed on a recapitalization of the broker/dealer, with Bain Capital entering as a new investor. The deal raised more than $2 billion in fresh capital for Osaic and allowed Reverence to retain majority ownership. LPL also announced a new tech executive this week, hiring Jonathan Lewis as managing director and chief technology and information officer from competitor Wells Fargo. In the new role, Lewis will lead technology architecture, engineering, infrastructure and development, while reporting to Greg Gates, who has been promoted to group managing director, chief product and technology officer. Executive Editor, Wealth Management Diana Britton is the Executive Editor of Wealth Management, covering independent broker/dealers and RIAs from all angles. She's also the host of the Jesse H. Neal Award Winning Podcast, The Healthy Advisor, focused on advisor health and wellbeing. A native of Los Angeles, she now lives in Rocklin, Calif.

$367M advisory practice joins scottsdale-based wealth management network. inbusinessPHX.com Osaic, Inc., one of the nation's largest providers of wealth management strategies, announced that IronGate Services, a Cedar Rapids, Iowa-based advisory firm overseeing approximately $367 million in client assets, has joined Osaic from Ameriprise Financial Services through Carlson Advisor Networks, an Osaic office of supervisory jurisdiction (OSJ). Led by financial advisor Chad Sarsfield, IronGate also includes Coy Sarsfield, Brennan Dorighi and Jeff Netolicky. The firm primarily serves business owners and is focused on delivering a high-quality client experience while building a platform for continued growth. Chad and his son, Coy, also bring a multigenerational dimension to the business as they work together to serve clients and position the firm for the future. IronGate selected Osaic for the independence, flexibility and support available through its platform, including business coaching and consulting, technology, investment products and expanded operational resources. Through its affiliation with Carlson Advisor Networks and Osaic, the team expects to create greater efficiency within the practice while maintaining the freedom to serve clients according to their individual needs. "We were looking for the right combination of independence, flexibility and support to help us build the next chapter of our business," said Chad Sarsfield, financial advisor at IronGate. "Osaic gives us access to the technology, investment capabilities and resources we need to operate more efficiently while continuing to provide the first-class experience our clients expect. We're excited about the opportunities ahead for our team and the families and business owners we serve." The relationship with Carlson Advisor Networks also provides IronGate with additional guidance and back-office support as the firm pursues its growth objectives. "Chad and the IronGate team have a clear vision for growing their business while staying focused on the clients and communities they serve," said Erinn Ford, executive vice president of advisor engagement at Osaic. "Their entrepreneurial mindset and commitment to creating an exceptional client experience align closely with what we aim to support across the Osaic community. We're pleased to welcome IronGate and look forward to helping the team achieve its goals." With Osaic's scale, wealth management platform and advisor-focused resources, IronGate is positioned to pursue its next phase of growth while preserving the independence and flexibility that are central to its business.

Former Osaic recruiting exec joins Carson Group. by Ali Hibbs August 17, 2026 Carson Group has hired Kevin Peterson to lead recruitment for its independent contractor channel. A former recruiting executive at independent brokerage giant Osaic Wealth joined Carson Group, an Omaha, Nebraska-based firm with more than $62 billion in client assets, according to an announcement on Monday. Kevin Peterson, who had been a senior vice president of business development at Osaic for the past two years, joined Carson Group with the same corporate title and oversees recruiting for Carson's independent segment, according to the announcement. "Independent advisors are increasingly looking for a partner that combines a strong RIA platform with broker-dealer capabilities, and Carson is well positioned to fill that need," Peterson said in a statement. Peterson left Osaic in July and had served a month-long garden leave, according to his LinkedIn profile. Several Osaic executives, including recruiting chief Kristen Kimmel, have left the independent brokerage over the past year. A spokesperson for Osaic, which has more than 11,000 affiliated advisors and $700 billion in client assets, did not immediately return a request for comment. The firm is majority owned by Reverence Capital Partners. Prior to joining Osaic, Peterson had been regional head of RIA custody for Goldman Sachs & Co. He began his career in 2004 with TD Ameritrade, where he also worked to recruit and onboard advisory teams, according to the announcement. The hire comes after Carson Group earlier this summer established separate leadership and recruiting teams for its independent and employee channels. It last month shifted Scott A. Conroy to a newly created role leading the independent group, which includes around a third of Carson's advisor force. Carson Group CEO Burt White oversees the employee segment on an interim basis. The firm, which is backed by Bain Capital, has around 165 offices. It has been expanding by purchasing new practices and buying out existing affiliates. The nine-person Bridgeway Group has five advisors and two offices in Los Angeles. Aug 12, 2026 Aug 11, 2026 Aug 6, 2026 Aug 5, 2026