Algona, IA Office

Team
Updated today
OSAIC logo

OSAIC

Institution

Firm-wide stats for OSAIC

Total advisors

7,833

Across 3,555 offices

Clients per advisor

73 Low

Avg AUM per client

$398,336 Typical

HNW client ratio

10% Low

About

Osaic Wealth, Inc. serves a broad mix of retail and institutional clients — including individual and high‑net‑worth investors, pension and profit‑sharing plans, corporations, and charitable organizations — through a large network of affiliated financial advisers and multiple advisory platforms. The firm offers integrated brokerage and investment advisory services, financial planning, retirement plan consulting, unified managed accounts, advisor‑managed portfolios, and access to third‑party money managers and wrap programs.

The firm’s advisers use firm‑provided asset‑allocation tools, risk‑tolerance questionnaires, efficient‑frontier analysis, and automated rebalancing to construct portfolios that may include stocks, bonds, options, mutual funds, ETFs and alternative investments; accounts can be managed on either a discretionary or non‑discretionary basis and clients may impose reasonable investment restrictions. Osaic also supports legacy platform programs and transitions (including accounts transferred from prior mergers) and makes available third‑party services such as Envestnet and SEI for model and managed‑account solutions.

What is noteworthy about Osaic relative to many peers is its complex corporate and platform footprint — including multiple mergers that consolidated broker‑dealer and RIA businesses, significant private‑equity ownership, and an established connection to an alternative‑investment distribution platform — and its use of a variety of third‑party commercial arrangements (revenue sharing, platform payments and other referral or structuring arrangements). The firm has also disclosed multiple regulatory enforcement matters in recent years (including SEC orders and penalties) and maintains advisor recruitment and transition programs and lender‑linked services (sweep and lending arrangements and advisor loan/acceleration incentives) that create identifiable conflicts of interest which the firm discloses and says it manages.

Based on OSAIC

Expertise

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k)

Based on OSAIC

Occupation focus

Founder/Business Owner Executive

Based on OSAIC

Location

111 E Call Street

Algona IA 50511

Advisors at this office

4

Advisors at this office

user avatar

Alexander S

Series 66

Algona, IA

OSAIC

Alexander Schwarck is a financial advisor at OSAIC with 10 years of industry experience. He holds a Series 66 designation and has worked at OSAIC since 2018. Schwarck is also a partner of Central Financial Group, where he is involved in sales and operational duties. Outside of advising, he owns Okoboji Investments LLC, a land investment business. OSAIC serves a diverse client base including individual, high-net-worth, institutional, and charitable clients through a large network of affiliated advisers. The firm offers integrated brokerage and investment advisory services, utilizing various asset-allocation tools and third-party platforms to construct client portfolios.

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Andrew J

Series 63, Series 65

Algona, IA

OSAIC

Andrew Jansen is a financial advisor at OSAIC with 17 years of industry experience. He holds Series 63 and Series 65 designations and has held roles at Royal Alliance Associates, Sii, Ameritas Investment Corp, and Central Financial Group. Jansen is a partner and COO of Central Financial Group, where he manages operational duties and sales of fixed insurance and securities-related products. OSAIC serves a diverse client base, including individual and institutional investors, offering integrated brokerage and advisory services through a large network of affiliated advisors and multiple platforms. The firm utilizes asset-allocation tools and third-party solutions to construct and manage portfolios across various investment types.

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Amy J

Series 63, Series 65

Algona, IA

OSAIC

Amy Jansen is a financial advisor with OSAIC who holds Series 63 and Series 65 credentials and has 16 years of industry experience. Her prior work includes roles at Royal Alliance Associates, INC., Sii, Ameritas Investment Corp, and Central Financial Group, where she has also served as a registered assistant and supervising principal involved in fixed insurance products and agency operations. OSAIC serves a diverse range of clients, including individual investors and institutional entities, offering integrated brokerage and advisory services with a comprehensive investment approach that includes asset allocation tools, risk assessments, and access to multiple third-party managers and platforms.

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
user avatar

Alex E

Series 66

Algona, IA

OSAIC

Alex Elbert is an advisor with OSAIC based in Algona, Iowa, holding a Series 66 designation and with five years of industry experience. He has worked at Central Financial Group since 2019 and previously worked at Algona Marine & Sport for eight years. Outside of his advisory role, Elbert is involved in farming activities and serves as a managing partner for several LLCs that oversee commercial real estate properties. OSAIC serves a diverse clientele including individual investors, institutions, and charitable organizations through a broad network of financial advisers and multiple advisory platforms. The firm provides integrated brokerage and investment advisory services with tools that support customized portfolio construction and a variety of management options.

Annuities Wealth management Tax-loss harvesting Private / alternative investments Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner Executive
View complete list of advisors at this office
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