Women-Led Financial Planning Department Joins Osaic from Commonwealth

Led by financial advisor Heather Hackett, team brings $352 million in client assets to Osaic’s wealth management platform

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that financial advisor Heather Hackett and her firm, Financial Planning Department joined Osaic. The Long Beach, California-based team transitioned from Commonwealth Financial Network and brings approximately $352 million in client assets.

Financial Planning Department is a women-led advisory team dedicated to guiding clients through life’s financial transitions with comprehensive financial planning, investment management, tax planning and preparation, as well as risk management strategies. The team combines deep technical expertise with real-world perspective to deliver highly personalized guidance, serving individuals and families across generations from young professionals to retirees.

“We are committed to providing our clients highly personalized financial planning and thoughtful strategy at every stage of life,” said Hackett. “Osaic shares that commitment and offers the enhanced technology, improved efficiency and strong support structure we were seeking. The platform enables us to operate more effectively while continuing to deliver the high-touch service our clients value.”

After evaluating potential partners, Hackett selected Osaic for its advisor-centric culture, integrated technology stack and scalable support model designed to empower entrepreneurial advisors. The transition positions Financial Planning Department to grow while preserving its client-first approach.

“Heather and her team represent the entrepreneurial-minded advisors who thrive on Osaic’s platform,” said Kristen Kimmell, executive vice president of business development at Osaic. "We're proud to support a highly credentialed, women-led team committed to delivering comprehensive financial planning and tax-focused strategies. Our platform provides the flexibility and resources they need to scale their business and continue making a meaningful impact for their clients.”

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.