Pelican Rapids, MN 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

47 North Broadway

Pelican Rapids MN 56572

Advisors at this office

3

Advisors at this office

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Christopher L

Series 65, Series 63

Pelican Rapids, MN

OSAIC

Christopher Lage is an investment advisor at OSAIC with seven years of industry experience. He holds Series 65 and Series 63 credentials and has worked at Royal Alliance since 2019. Prior to his advisory career, he operated Chris Lage Construction for seven years. Outside of finance, he owns and manages Lage Tree Farm LLC, which grows and sells Christmas trees and other tree species. OSAIC serves a broad mix 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 plan consulting, and access to third-party money managers, using various tools and programs to construct and manage diversified portfolios on either a discretionary or non-discretionary basis.

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

Gary L

CFP®, Series 63, Series 65

Pelican Rapids, MN

OSAIC

Gary Lage is a financial advisor with Osaic Wealth, Inc., holding the CFP® designation along with Series 63 and Series 65 licenses. He has 45 years of experience in the industry, including prior roles at Royal Alliance Associates, AdvisorNet Wealth Management, ProEquities, and Retirement Advisory Services, where he is a sole proprietor. Outside of advisory work, he owns an insurance business focused on fixed insurance products such as fixed life, disability, and annuities. Osaic Wealth, Inc. serves a diverse client base including individuals, high-net-worth investors, retirement plans, corporations, and charitable organizations. The firm provides integrated brokerage and advisory services across numerous platforms, employing a variety of portfolio construction tools and offering 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

Seth L

Series 65, Series 63

Pelican Rapids, MN

OSAIC

Seth Lage is a financial advisor with Osaic based in Pelican Rapids, MN, holding Series 63 and Series 65 licenses and five years of industry experience. He has been with Osaic since 2019 and has a decade of involvement with Brewtus Brick House. Outside of his advisory role, he is a co-owner and investment advisor representative of Retirement Advisory Services Inc., where he also serves as an insurance producer handling annuity applications. OSAIC serves a diverse range of clients, including individual investors, corporations, pension plans, and charitable organizations, offering brokerage and advisory services through an extensive network of financial advisers. The firm employs asset-allocation tools, efficient-frontier analysis, and automated rebalancing to construct portfolios across multiple asset classes, managing accounts on both discretionary and non-discretionary bases.

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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