$275 Million Providence Wealth Planning Chooses Osaic

Family-led advisory team joins Osaic from LPL Financial, citing shared values, technology support and growth opportunities with new affiliation

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that Providence Wealth Planning (“Providence”) has joined its growing network. The Southern California-based independent advisory firm, with $275 million in client assets under administration, joins Osaic after more than nine years with LPL Financial.

Founded in 2016 by father and son duo, Mark and Ian Massey, Providence has offices in Corona and Mission Viejo, California. The firm specializes in financial planning, wealth advisory and retirement planning. The decision to join Osaic was driven by a shared commitment to client service, values-based planning and long-term growth. The firm cited Osaic’s enhanced technology, succession planning support and advisor-first culture as key differentiators.

“We built our business on the belief that financial advice is most powerful when it is anchored by trust, family values and long-term relationships,” said Mark Massey, president and CEO of Providence Wealth Planning. “From our first conversations with Osaic, we felt welcomed, supported and aligned culturally. We will now have access to best-in-class resources and the freedom we need to focus on what matters most: helping our clients build and protect their financial futures.”

“Providence Wealth Planning is a perfect example of the entrepreneurial, client-centric firms we are proud to partner with,” said Kristen Kimmell, executive vice president of business development of Osaic. “We welcome them to Osaic and look forward to supporting their continued success.”

The affiliation with Osaic also marks a milestone in the firm’s family legacy, with Kyle Massey—son of Mark and brother of Ian—joining as managing partner following a 20-year career that includes more than 15 years at E*TRADE and Morgan Stanley. Also accompanying Providence in this next chapter are advisors Paul Leone, Aldo Santana, Tyler Brashears, and administrative director Neida Cox.

Mark Massey concludes: “Our tagline, ‘Because Family’s Important,’ has never felt more relevant. Not only are we deepening our family roots within the firm, but we’re also joining a broader community at Osaic that values the same principles that we do.”

To learn more about Osaic, please visit Osaic.com.

About Osaic:

Osaic, Inc. (“Osaic”), a portfolio company of Reverence Capital Partners, is one of the nation’s largest providers of wealth management strategies, supporting approximately 11,000 financial professionals. Osaic’s mission is to empower entrepreneurial advisors to build thriving businesses and fulfill their clients’ dreams. Visit www.osaic.com to learn more.

Securities and investment advisory services are offered through the firms: Osaic Wealth, Inc. and Osaic Institutions, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Osaic Services, Inc. and Ladenburg Thalmann & Co., broker-dealers and members of FINRA and SIPC. Advisory services are offered through Ladenburg Thalmann Asset Management, Inc., and Osaic Advisory Services, LLC., registered investment advisers. Advisory programs offered by Osaic Wealth, Inc. are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser.