People Moves
Who's Moving Where In Wealth Management – Osaic, Virtus, Raymond James
The latest moves, appointments and personnel changes in North American wealth management.
Osaic, Virtus
Osaic, a portfolio
company of Reverence Capital Partners, and a provider of wealth
management strategies, has added Virtus Wealth Solutions –
an all-women firm founded by financial planner Rachel Woo – to
its supported independence (W-2) channel.
Managing $460 million in client assets, the Morgantown, West Virginia-based firm transitioned from Commonwealth Financial Network to Osaic.
Along with Woo, advisor Tressa Wood is a certified financial planner. They are joined by five staff members.
Other firms joining Osaic from Commonwealth in recent months include Bridenback Wealth Management and Spear Wealth Management.
Raymond James
Financial advisors Troy Aucoin, Jill Blair and Patrick Dill have
joined the independent advisor channel of Raymond James.
Aucoin and Dill arrive from Commonwealth Financial Network with
client services manager Stephen J Aguillard Jr, and Blair joins
from Morgan Stanley. The team collectively managed $156 million
in client assets. Together, they form Aucoin Wealth Management in
Baton Rouge, Louisiana.