Osaic Acquires Majority Interest in Innovative Wealth

INVESTMENT MANAGEMENT DEALS BLOG

July 30, 2025

On July 23, 2025, Osaic, Inc. announced its acquisition of Innovative Wealth Team.

Osaic, Inc. (“Osaic”), a portfolio company of Reverence Capital Partners, announced, on July 23, 2025, its acquisition of a majority interest in Innovative Wealth Team (“Innovative”). Under the terms of the transaction, Innovative’s accounts and custodians will remain unchanged. Further terms of the deal were not disclosed.

Osaic, based in Scottsdale, Arizona, is a wealth management platform providing comprehensive financial planning, investment advisory, and brokerage services. As of June 2025, Osaic has approximately $700 billion in assets under administration.

Innovative, based in Nashville, is a wealth advisory firm specializing in succession planning. Innovative oversees approximately $700 million in client assets.

To read the press release: please click here.

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