Blockchain Registration Transaction Record

AFC Planning Group Joins Osaic With $110M in Client Assets

AFC Planning Group affiliates with Osaic, moving $110M in client assets from LPL Financial. The Melville-based firm joins Osaic's platform for enhanced tools and support.

This news matters because it reflects ongoing consolidation and strategic realignment in the wealth management industry, where independent advisory firms are increasingly seeking partnerships with larger platforms that offer enhanced technological resources, operational support, and scalability. For clients of AFC Planning Group and similar firms, such transitions can mean access to more sophisticated investment tools, improved service efficiency, and potentially better outcomes through the expanded resources of a major provider like Osaic. For the broader financial advisory landscape, moves like this signal competitive pressures and the importance of platform strength in retaining and attracting talent, which ultimately influences the quality and range of services available to investors seeking professional wealth management guidance.