Updated
Updated · InvestmentNews · Aug 20
Osaic Recruits $367 Million IronGate Team From Ameriprise in Iowa
Updated
Updated · InvestmentNews · Aug 20

Osaic Recruits $367 Million IronGate Team From Ameriprise in Iowa

1 articles · Updated · InvestmentNews · Aug 20

Summary

  • $367 million advisory firm IronGate Services is leaving Ameriprise to join Osaic through Carlson Advisor Networks, expanding Osaic’s presence in Cedar Rapids, Iowa.
  • IronGate said Osaic’s independent model, technology, investment capabilities, business coaching and added operational support drove the move, with Chad Sarsfield leading the multigenerational team.
  • Sarsfield previously had ties to Osaic’s predecessor network—he was registered with Signator and later Royal Alliance from 2018 to 2022 before moving to Ameriprise.
  • The hire fits Osaic’s broader push for business-owner-focused practices as it expands planning tools, including wider access last month to RISR succession-planning software for its roughly 11,000 affiliated advisors.

Insights

What hidden edge did Osaic’s AI technology offer to lure a $367 million advisory team away from a massive industry rival?
Could this aggressive Iowa expansion signal a looming talent war over next-generation succession planning in the wealth management sector?
How will a father-son team’s quest for independence reshape the way local business owners manage their wealth and secure their legacies?