Old Tappan, NJ Office

Team
Updated today
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OSAIC

Institution

Firm-wide stats for OSAIC

Total advisors

7,847

Across 3,554 offices

Clients per advisor

73 Low

Avg AUM per client

$398,336 Typical

HNW client ratio

10% Low

About

Osaic Wealth serves a broad mix of retail and institutional clients through a multi-advisor platform that supports individual investors (including high‑net‑worth and non‑HNW households), retirement plan sponsors and participants, charities, and corporate clients. It offers both brokerage and advisory services across a range of programs — including comprehensive financial planning, advisor‑managed wrap and non‑wrap portfolios, Unified Managed Accounts, third‑party money manager programs, and retirement plan consulting — many of which are delivered through affiliated broker‑dealer and RIA relationships.

The firm’s investment process emphasizes model‑based asset allocation and portfolio optimization supported by risk‑tolerance questionnaires, efficient frontier analysis, and rebalancing tools; advisors can implement discretionary UMA or advisor‑managed strategies, impose client restrictions, or select third‑party managers and proprietary “Enterprise Strategist” models. Osaic also maintains multiple custodial and legacy program arrangements (including accounts transitioned from earlier mergers), and makes alternative investments available via third‑party platforms that perform initial and ongoing due diligence.

Compared with peers, Osaic is notable for its scale and recent consolidation activity, its complex affiliate network (broker‑dealer, asset managers, insurance and trust affiliates) and private‑equity ownership that influence its platform economics and product offerings. The firm also operates multiple lending and cash‑management programs and receives third‑party platform and revenue‑sharing arrangements — matters it discloses as potential conflicts of interest — and has had several recent regulatory disclosures and enforcement matters that led to enhanced controls and independent reviews.

Based on OSAIC

Expertise

Annuities Private / alternative investments

Based on OSAIC

Location

183 Old Tappan Road

Old Tappan NJ 07675

Advisors at this office

6

Advisors at this office

user avatar

Michael N

Series 63, Series 65

Old Tappan, NJ

OSAIC

Michael Nigris Jr. is a financial advisor at Osaic with 32 years of industry experience. He holds Series 63 and Series 65 designations. His prior experience includes roles at LPL Financial, LLC and Royal Alliance Associates, Inc. Osaic Wealth serves a diverse range of retail and institutional clients through a multi-advisor platform, offering brokerage and advisory services that include financial planning, portfolio management, and retirement plan consulting. The firm features a model-based investment process and supports various strategies through a complex affiliate network and multiple custodial arrangements.

Annuities Private / alternative investments
user avatar

William S

Series 63

Old Tappan, NJ

OSAIC

William Senzer is a financial advisor at Osaic with 42 years of industry experience and holds the Series 63 designation. His prior roles include positions at LPL Financial LLC, Royal Alliance Associates, and Morgan Stanley DW Inc. Outside of his advisory work, he owns an LLC established for construction activities, though he does not currently receive compensation from it. Osaic Wealth serves a diverse client base including retail and institutional investors, offering brokerage and advisory services through a multi-advisor platform. The firm employs a model-based investment process with tools for asset allocation and portfolio optimization, supporting a range of managed and third-party investment programs.

Annuities Private / alternative investments
user avatar

Robert C

Series 63, Series 66

Old Tappan, NJ

OSAIC

Robert Cappadona is a financial advisor at Osaic with 40 years of industry experience. He holds Series 63 and Series 66 credentials and has previously worked at LPL Financial and Royal Alliance Associates. He is also an advisor for Garden State Capital Investments LLC, a business entity used for tax and investment purposes. Osaic Wealth serves a broad mix of retail and institutional clients through a multi-advisor platform that offers brokerage and advisory services, including financial planning, managed portfolios, and retirement plan consulting. The firm’s investment process emphasizes model-based asset allocation, portfolio optimization, and a range of discretionary and third-party manager strategies.

Annuities Private / alternative investments
user avatar

Roy M

Series 63

Old Tappan, NJ

OSAIC

Roy Mastrangelo is a financial advisor at Osaic with 38 years of industry experience and holds a Series 63 designation. His prior experience includes roles at LPL Financial, Royal Alliance, Wells Fargo Clearing, and UBS Financial Services. Outside of his advisory work, he is involved with Garden State Capital Investments, LLC, where he acts as an agent for insurance product sales. Osaic Wealth serves a broad range of retail and institutional clients through a multi-advisor platform offering brokerage and advisory services, including comprehensive financial planning and managed portfolio programs. The firm’s investment approach focuses on model-based asset allocation and portfolio optimization supported by various analytical tools, enabling advisors to implement discretionary strategies or select third-party managers.

Annuities Private / alternative investments
user avatar

Joseph F

Series 63

Old Tappan, NJ

OSAIC

Joseph Faherty is a financial advisor at Osaic with 34 years of industry experience. He holds a Series 63 designation and has worked at LPL Financial, Royal Alliance Associates, and UBS Financial Services. Faherty is also associated with Garden State Capital Investments LLC, an investment-related business entity. Osaic Wealth serves a wide range of retail and institutional clients through a multi-advisor platform offering brokerage and advisory services, including financial planning, portfolio management, and retirement plan consulting. The firm’s investment approach emphasizes model-based asset allocation and portfolio optimization, supported by various tools and third-party manager options.

Annuities Private / alternative investments
user avatar

Martin M

Series 63, Series 65

Old Tappan, NJ

OSAIC

Martin Mellman is a financial advisor with Osaic Wealth, holding Series 63 and Series 65 licenses and 26 years of industry experience. He has worked at Osaic Wealth since 2023 and previously at Pleasant Valley Advisory and Royal Alliance Associates. Outside of advisory roles, he owns a CPA firm providing sales and administrative services. Osaic Wealth serves a diverse client base including retail investors, retirement plan sponsors, charities, and corporate clients through a multi-advisor platform offering brokerage and advisory services. The firm's investment approach uses model-based asset allocation, portfolio optimization, and a range of managed account strategies supported by risk tolerance and rebalancing tools.

Annuities Private / alternative investments
View complete list of advisors at this office
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