Advisor Channels

Osaic’s acquisition of Lincoln will have minimal impact on the wealth management firm’s debt leverage and interest coverage, the ratings agencies said.

S&P estimates Osaic will pay $1.04 billion, including transaction costs and retention loans to Lincoln advisors.

Prospera Generational Wealth leverages internal and outsourced talent to offer the firm's wealthiest families a broader range of services.

Fresh off its rebranding from CoastalOne, Realta Wealth has hired Mark Helliker, a former Avantax, LPL and Schwab executive, as chief operating officer.

Gaschen, Berlingeri & Casebolt joins Atria from Cetera and Edward Jones, while advisor Peter Bell moves to a Cetera OSJ via LPL.

Amma Boateng, who currently leads the broker/dealer channel within Financial Advisor Services, will succeed Tom Rampulla, effective Jan. 1.

But the wirehouse has increased expense allowances for all advisors and reduced incentives for mortgage referrals.

The alts-focused investment manager reorganizes to expand affiliation options and welcomes three recruits with more than $560 million in assets.

Reverence is seeking to sell up to 20% of Osaic, the broker/dealer network that rebranded from Advisor Group earlier this year.

The deal takes Avantax private, and the tax-focused firm will operate as a separate division within Cetera.