SEC-registered wealth management firm Broker-dealer affiliated
Osaic Advisory Services, LLC
As of its Form ADV filed August 28, 2026, Osaic Advisory Services, LLC, an SEC-registered, broker-dealer affiliated wealth management firm in Atlanta, Georgia, reported $15.5 billion in regulatory assets under management across 50,459 accounts, ranking #5 among all wealth firms in Georgia by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 171070
- SEC file number
- 801-80075
- Registered since
- July 17, 2014
- Latest Form ADV filing
- August 28, 2026
- Organized as
- Limited Liability Company
- Fiscal year ends
- December
- Other offices
- 200
Key figures
- Regulatory assets under management
- $15.5 billion
- Discretionary
- $15.2 billion (97.9%)
- Non-discretionary
- $327.0 million
- Accounts
- 50,459 (49,560 discretionary)
- Clients
- 30,068, approximate as reported
- Employees
- 2,180
- Advisory staff
- 344 performing investment advisory functions
- Average account
- $306,780
- Asset growth, 1 year
- 24.1% (from $12.5 billion a year earlier)
- Asset growth, 3-year annual rate
- 49.5% (from $4.6 billion three years earlier)
- Asset growth, 5-year annual rate
- 32.4% (from $3.8 billion five years earlier)
- Client growth, 1 year
- 4.8% (from 28,703)
Broker-dealer affiliated. The firm is affiliated with a broker-dealer (Item 7.A(1)), at least half of its advisory staff are registered representatives of a broker-dealer (Item 5.B(2) against 5.B(1)), and its advisers manage less than $100 million each on average (5.F(2)(c) over 5.B(1)), the pattern of a broker-dealer's advisory arm rather than an adviser that owns a small broker-dealer. It is ranked among all wealth firms, the directory's view that includes wirehouses and broker-dealer firms, not in the main lists of independent RIAs. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among all wealth firms, including wirehouses and broker-dealer firms.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2014 | $0 |
| October 1, 2015 | $37.9 million |
| October 3, 2016 | $134.4 million |
| October 2, 2017 | $541.8 million |
| October 1, 2018 | $684.0 million |
| October 1, 2019 | $1.5 billion |
| October 1, 2020 | $3.1 billion |
| October 4, 2021 | $3.8 billion |
| October 3, 2022 | $5.2 billion |
| October 5, 2023 | $4.6 billion |
| October 1, 2024 | $4.9 billion |
| September 2, 2025 | $12.5 billion |
| October 2, 2026 | $15.5 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 3,755 clients | $8.9 billion | |
| Individuals (other than high net worth) 25,761 clients | $6.1 billion | |
| Corporations or other businesses 274 clients | $386.6 million | |
| Charitable organizations 38 clients | $63.2 million | |
| Pension and profit sharing plans 70 clients | $21.6 million | |
| Banking or thrift institutions fewer than 5 clients | $0 | |
| State or municipal government entities fewer than 5 clients | $0 | |
| Other investment advisers fewer than 5 clients | $0 | |
| Insurance companies fewer than 5 clients | $0 | |
| Sovereign wealth funds and foreign official institutions fewer than 5 clients | $0 |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting
- Selection of other advisers
- Educational seminars or workshops
Financial planning clients (Item 5.H): 51-100.
Wrap fee program sponsor or portfolio manager: yes.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
- Broker-dealer
- Other investment adviser
- Trust company
- Insurance company or agency
- Pension consultant
- Sponsor, general partner or managing member of pooled investment vehicles
Custody (Item 9)
The firm reported custody of client cash or securities, $15.0 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 350
- Also registered through a broker-dealer
- 314
- Employees who are IARs (Form ADV 5.B(3))
- 430
Designations held by the firm's IARs: CFP 98, ChFC 20, CFA 5, PFS 4.
Between 105 and 350 of the firm's 350 IARs are registered in jurisdictions that require IAR CE. The source counts registrations by jurisdiction, and many IARs are registered in more than one, so the exact number is not knowable from it. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 6 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Georgia
| Firm | City | RAUM |
|---|---|---|
| Primerica Advisors | Duluth | $15.5 billion |
| Advisory Services Network | Atlanta | $10.6 billion |
| Openarc Corporate Advisory, LLC | Atlanta | $10.1 billion |
| Signaturefd, LLC | Atlanta | $9.7 billion |
| Crawford Investment Counsel Inc | Atlanta | $9.1 billion |
The five wealth firms, broker-dealer affiliated firms included, nearest in regulatory assets with a main office in the same state.
Elsewhere
- Osaic Advisory Services, LLC on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.bluewaterswealth.com
- Wealth management firms in Georgia
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.