Midtown Advisors Joins Osaic, Bringing $153 Million in Client Assets

Raleigh, N.C.–based independent firm cites advanced technology, robust product suite and long-term growth alignment in move from LPL Financial

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that Midtown Advisors, an independent wealth management firm based in Raleigh, North Carolina, has affiliated with the firm. Led by Managing Director Tom Perry, Midtown Advisors manages approximately $153 million in client assets and joins Osaic following more than a decade with LPL Financial.

The Midtown Advisors team also includes Director of Sales Operations Blake Perry, and Office Manager Stacey Nelson. After 13 years with LPL Financial, Tom Perry conducted extensive due diligence across multiple firms before selecting Osaic as the best long-term partner for his business and clients.

“Osaic’s end-to-end, integrated technology platform and robust product suite will enable us to further our mission of building lifelong relationships with our clients and partners,” said Tom Perry. “Those relationships are rooted in trust and in delivering a level of service that continues to be valued across generations.”

By partnering with Osaic, Midtown Advisors gains access to additional resources and behind-the-scenes support that strengthen their ability to serve clients - without changing the hands-on investment approach their clients rely on. Together, Midtown and Osaic can deepen the personal, relationship-driven experience Midtown is known for, while adding scale and stability to help the team continue to grow with purpose.

“We’re proud to welcome a team that shares our commitment to empowering advisors to enhance lives and legacies,” said Kristen Kimmell, executive vice president of business development at Osaic. “This partnership reflects our belief in supporting firms so they can thrive independently, with the backing of a platform designed to accelerate productivity and free up time. We’re honored to partner with Tom and his team.”

Midtown Advisors joins a growing roster of independent firms aligning with Osaic. Other recent additions include Sanders Wealth Management, True Wealth Advisors and Soundview Financial Group.

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 over 10,000 financial professionals. Osaic’s mission is to empower entrepreneurial advisors to create leading wealth management solutions that enhance lives and legacies. 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., Osaic Advisory Services, LLC, and CW Advisors, LLC, registered investment advisers. Advisory programs offered by Osaic Wealth, Inc. are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser.