Osaic and three subsidiaries were sued today in federal court by investors who alleged the firms breached their fiduciary duties by profiting from their cash sweep accounts at their clients’ expense.
According to the complaint filed in Arizona federal court, the firm’s cash sweep practices “violate common law, federal law and industry regulations.” ...
The hybrid RIA is the latest firm to face allegations that it enriched itself at customers' expense by paying unfairly low interest rates in its cash sweep programs.
Osaic Institutions, the company’s broker/dealer entity that focuses on advisors at banks and credit unions, is bringing Navy ...
The wealth management business of the world's largest credit union and its 14 million members opted to choose its own ...
The broker-dealer giant is pressing on with its strategy to attract advisors as a Connecticut-based team joins its network.
Osaic, Inc. ("Osaic"), one of the nation's largest providers of wealth management solutions, today announced the expansion of ...