Strategy
Wealth Platform Provider Partners With Trust Company
The collaboration will bring $114 million in assets to Osaic, the firms said.
Osaic, HarborOne
Wealth management platform provider, Osaic, has partnered with
HarborOne
Bank, a Massachusetts-chartered trust company.
The pact will increase Osaic institutions' AuM by $114 million, Osaic said in a statement earlier this week.
HarborOne wants to make financial services an important part of its product offering, add to its roster of full-time advisors and AuM. It is tapping into Osaic’s resources in recruiting, technology, relationship management and lead generation.
Osaic, a portfolio company of Reverence Capital Partners, supports about 11,000 financial professionals.
