Springfield, IL E. Capitol Ave Office
TeamData sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
OSAIC Institutions, INC.
Enterprise
Firm-wide stats for OSAIC Institutions, INC.
About
Osaic Institutions, Inc. is an SEC‑registered investment adviser that serves individuals (including high‑net‑worth clients), ERISA retirement plans, trusts, estates and corporate clients through a network of investment adviser representatives who are often also registered as broker‑dealer representatives. The firm provides customized advisory services (discretionary and non‑discretionary), financial planning and consulting, ERISA plan services, wrap programs, third‑party asset manager referrals, and access to alternative investments and lending solutions.
Osaic’s model delegates investment analysis and account management to its IARs while providing firm supervision rather than centrally managing most accounts, and clients may elect discretionary authority or retain pre‑approval control over transactions. As disclosed in its brochure, the firm reported approximately $4.11 billion in discretionary assets and $2.39 billion in non‑discretionary assets as of December 31, 2025, and commonly operates through co‑advisory, promoter and third‑party manager arrangements and wrap programs.
What is distinctive about Osaic is its hybrid adviser/broker‑dealer structure — it is registered as both an SEC adviser and a FINRA member and maintains broker‑dealer registrations across all states — combined with a sizable non‑discretionary book, a lending marketplace (CapitalHub) and platform access to alternative investments (via CAIS). The firm’s use of independent third‑party promoters compensated on a percentage of advisory fees and its extensive affiliations with other Osaic entities (including TPAM and subadvisory relationships) create a service and distribution model that differs from many enterprise peers.
Based on OSAIC Institutions, INC.
Location
322 E. Capitol Ave
Springfield IL 62701
Advisors at this office
5
Advisors at this office
Christopher P
CFP®, PFS™, Series 66
Springfield, IL
OSAIC Institutions, INC.
Christopher Parks is a CFP® and PFS™ with 21 years of industry experience. He is currently affiliated with OSAIC Institutions, INC. and has held roles at Infinex Investments, Illinois National Bank, Sws Financial Services, Avantax Advisory Services, and Equitable Advisors. Parks serves as Vice President of the Chatham Police Pension Fund and provides financial guidance to St. Joseph's Church in Chatham, IL. OSAIC Institutions, INC. is an SEC-registered investment adviser serving individuals, ERISA retirement plans, trusts, estates, and corporate clients through a network of investment adviser representatives. The firm offers customized advisory services, financial planning, and access to alternative investments, operating with a hybrid adviser and broker-dealer model.
Christopher K
Series 66
Springfield, IL
OSAIC Institutions, INC.
Christopher Karrick is a financial advisor with OSAIC Institutions, Inc. He holds a Series 66 designation and has five years of industry experience. His prior work includes roles at INB and US Bank, spanning from 2016 to the present. Outside of finance, he works as a server at The Garden restaurant in New Berlin, Illinois. OSAIC Institutions, Inc. is an SEC-registered investment adviser serving individuals, ERISA retirement plans, trusts, estates, and corporate clients. The firm offers customized advisory services and financial planning through a network of investment adviser representatives, providing firm supervision while delegating investment management to its advisors.
Lori J
Series 66
Springfield, IL
OSAIC Institutions, INC.
Lori Johnson is a Series 66 credentialed financial advisor at OSAIC Institutions, INC. with eight years of industry experience. She has worked at multiple firms including INB, Infinex Investments, Inc., Hilltop Securities Independent Network Inc., National General Management, and Stancorp Inc. Outside of her advisory work, Johnson serves as a member of the stewardship and finance committee at Trinity Lutheran Church, providing budgeting and accounting guidance on a volunteer basis. OSAIC Institutions, Inc. is an SEC-registered investment adviser serving individuals, retirement plans, trusts, estates, and corporate clients through a network of investment adviser representatives. The firm offers customized advisory services and financial planning while maintaining a hybrid adviser/broker-dealer structure, supporting both discretionary and non-discretionary accounts with access to alternative investments and lending solutions.
Patrick P
Series 63, Series 65
Springfield, IL
OSAIC Institutions, INC.
Patrick Phalen is a financial advisor with Osaic Institutions, Inc. holding Series 63 and Series 65 credentials and 29 years of industry experience. He has worked at Infinex Investments, Inc. since 2019 and at Sws Financial Services from 2012 to 2019. Phalen has also served at Illinois National Bank since 1999, where he is Senior Vice President and Manager of the Trust Department, as well as President and CEO of the bank's holding company. Osaic Institutions, Inc. is an SEC-registered investment adviser serving individuals, ERISA retirement plans, trusts, estates, and corporate clients. The firm provides customized advisory services, financial planning, ERISA plan services, and access to alternative investments through a network of investment adviser representatives while maintaining a hybrid adviser/broker-dealer structure.
Amy B
Series 66
Springfield, IL
OSAIC Institutions, INC.
Amy Barnes is a financial advisor with OSAIC Institutions, INC., holding a Series 66 designation and 13 years of industry experience. Her prior roles include positions at Illinois National Bank, Infinex Investments, U.S. Bancorp Investments, and Edward Jones. Outside of her advisory work, she is an independent distributor of personal care products through SeneGence International and operates a financial coaching practice accredited by Ramsey Solutions. OSAIC Institutions, INC. is an SEC-registered investment adviser serving individuals, retirement plans, trusts, estates, and corporate clients through a network of investment adviser representatives. The firm offers customized advisory and financial planning services with a hybrid adviser/broker-dealer structure, providing clients access to alternative investments, lending solutions, and both discretionary and non-discretionary account management.
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