Veteran Advisor Chris Livingston Joins Osaic with $164M in AUM
Event summary
- Chris Livingston, a 25-year industry veteran, has joined Osaic and Oakfield Wealth Management Group.
- Livingston brings $164 million in assets under administration (AUA) from his previous role at Santander Securities.
- The move reflects a trend of experienced advisors seeking independence while leveraging large platform resources.
- Oakfield prioritizes long-term client relationships and disciplined guidance through market volatility.
The big picture
This move underscores the ongoing shift in wealth management toward independent advisor models backed by large platforms. Osaic's ability to attract seasoned professionals like Livingston highlights its growing appeal as an alternative to traditional brokerage firms. The trend reflects advisors' desire for greater autonomy while maintaining access to institutional resources and technology.
What we're watching
- Advisor Migration Trends
- How Osaic's ability to attract experienced advisors will affect its competitive positioning.
- Platform Utilization
- Whether Livingston can effectively leverage Osaic's technology and support for client growth.
- AUM Growth Pace
- The pace at which Oakfield Wealth Management Group can expand its assets under administration.