Mitchell, SD 1716 N Sanborn Blvd Office

Team
Updated today
OSAIC logo

OSAIC

Institution

Firm-wide stats for OSAIC

Total advisors

7,856

Across 3,559 offices

Clients per advisor

72 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

1716 N Sanborn Blvd

Mitchell SD 57301

Advisors at this office

4

Advisors at this office

user avatar

Jerauld G

CFP®, Series 63, Series 65

Mitchell, SD

OSAIC

Jerauld Garry is a CFP®-designated financial advisor with over 41 years of industry experience. He currently works at OSAIC Wealth, Inc. and has held positions at Dice Financial Investment Advisory, LLC, Dice, Thomas Joel, and Royal Alliance Associates, Inc. He serves as a board member of the Mitchell Prehistoric Indian Village Preservation Society, a nonprofit focused on the preservation of a National Historic Landmark. OSAIC Wealth, Inc. serves a diverse range of clients including individual investors, pension plans, corporations, and charitable organizations, offering integrated brokerage and advisory services through a large network of financial advisers and multiple platforms. The firm employs asset-allocation tools, risk-tolerance assessments, and automated rebalancing to construct portfolios across various asset classes, providing both discretionary and non-discretionary management options.

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

Michael L

CFP®, Series 63, Series 65

Mitchell, SD

OSAIC

Michael Lebrun is a CFP® professional with 26 years of industry experience. He has been with Osaic since 2000 and previously worked at Dice, Thomas Joel and Dice Financial Investment Advisory, LLC. He serves as a board member for Abbott House, a nonprofit supporting at-risk children. Osaic Wealth, Inc. serves a broad range of retail and institutional clients through a large network of affiliated advisers and multiple advisory platforms. The firm offers integrated brokerage and investment advisory services, financial planning, retirement consulting, and access to third-party money managers and wrap programs.

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

Jacquelyn J

CFP®, Series 66

Mitchell, SD

OSAIC

Jacquelyn Johnson is a CFP®-certified financial advisor with 24 years of industry experience. She is currently with Osaic Wealth, Inc. and has previously worked at Dice Financial Investment Advisory, LLC, Dice, Thomas Joel, and Royal Alliance Associates, Inc. Johnson serves on multiple nonprofit boards, including the Abbott House Foundation, Dakota Wesleyan University, the University of South Dakota Foundation, Mitchell Area United Way, Avera Health, and the Mitchell Area Development Corporation. Osaic Wealth, Inc. serves a diverse client base including individual and high-net-worth investors, institutions, and charitable organizations through a large network of affiliated advisors. The firm provides integrated brokerage and advisory services, offering customized portfolios with a range of asset classes and access to various third-party investment platforms.

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

Jesse T

Series 66

Mitchell, SD

OSAIC

Jesse Tolsma is a financial advisor with OSAIC Wealth, Inc. in Mitchell, South Dakota, holding a Series 66 designation and eight years of industry experience. His prior roles include positions at Royal Alliance and Dice Financial Investment Advisory, among others. He serves on the board of directors for First Circuit CASA, a nonprofit organization in his community. OSAIC Wealth, Inc. serves a diverse client base, including individual investors, pension plans, corporations, and charities, offering integrated brokerage and advisory services through a broad network of affiliated advisors. The firm employs various asset-allocation tools and multiple advisory platforms to construct and manage portfolios with a wide range of investment options.

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