Osaic: 5 New Credit Union Wealth Programs
- Osaic, a major player in the financial services sector, announced the addition of five credit union wealth management programs to its institutions channel.
- Among the new additions is Rave Financial Credit Union, based in Texas.Rave Financial joins osaic’s institution channel under a W-2 structure.
- South Metro Federal Credit Union in Minnesota and Capital Credit Union in North Dakota have also affiliated with Osaic.
Osaic is substantially broadening its reach within the credit union sector. Five key wealth management programs are now integrated into its institutions channel, a move that collectively manages $500 million in assets. This expansion includes Rave Financial Credit Union, spearheaded by industry veteran Marioreen “Mario” Gibson, operating under a W-2 model.South Metro and Capital credit Unions are also partnering to enhance their wealth programs. They’ll leverage Osaic’s platform for advisor-centric strategies and advanced member engagement technology. This strategic growth follows the onboarding of Navy Federal Investment Services earlier this year, demonstrating Osaic’s commitment to serving credit unions. For financial news and updates, News Directory 3 offers valuable insights. Discover what’s next as Osaic continues its expansion.
Osaic Expands Institutions Channel with Credit Union Wealth Programs
Updated may 26, 2025
Osaic, a major player in the financial services sector, announced the addition of five credit union wealth management programs to its institutions channel. These programs, formerly associated with Cuso Financial services, an atria Wealth Solutions subsidiary, collectively oversee $500 million in assets. LPL Financial acquired Atria in 2024.
Among the new additions is Rave Financial Credit Union, based in Texas.Rave Financial joins osaic’s institution channel under a W-2 structure. Veteran advisor Marioreen “Mario” Gibson, who brings industry experience dating back to 1989, will lead the program. Gibson’s BrokerCheck record shows previous affiliations with Merrill Lynch, UBS, Cuna Brokerage Services, and LPL.
South Metro Federal Credit Union in Minnesota and Capital Credit Union in North Dakota have also affiliated with Osaic. They aim to bolster their respective wealth programs, South Metro Wealth Management and Capital Investment Services. Osaic said these programs will utilize its advisor-centric platform, technology for member engagement, and consultative support services to enhance their credit union exposure.
Noble Credit Union in California and Impact Credit Union in Ohio are also set to leverage Osaic’s institutions channel.They plan to improve their Noble Investment Services and Impact Financial Services programs, further expanding Osaic’s reach in the credit union wealth management space.
Earlier this year, in january, Osaic revealed that Navy Federal Investment Services, the broker-dealer arm of Navy Federal Credit Union, had joined its platform. Navy Federal serves over 14 million members and its investment services division manages $6.06 billion in assets with 69 advisors.
What’s next
Osaic’s continued expansion into the credit union sector signals a strategic move to capture a larger share of the wealth management market, offering enhanced services and technology to credit union members.