In today’s rapidly evolving financial landscape, wealth management firms are compelled to rethink their strategies and embrace innovation. Osaic Inc., a prominent leader in wealth management solutions, recently unveiled its forward-looking vision at the NXT 2025 event in Las Vegas. This annual gathering brought together over a thousand financial professionals, strategic partners, and leaders from Osaic, emphasizing a collaborative approach to drive transformation within the industry. The conference’s overarching theme, “Empowering What’s NEXT in Wealth Management,” served as a catalyst for introducing breakthrough tools and strategies that enable advisors to tailor their approaches to meet the evolving needs of their clientele. This shift from traditional financial methodologies to a more future-focused paradigm marks a significant departure in the wealth management sector.
Transformation and Flexibility in Wealth Management
Central to the discussions at NXT 2025 was the emphasis on transformation, flexibility, and advisor-centric innovation. These themes highlighted a paradigm shift away from conventional conferences, which often follow routine agendas, toward a dynamic forum fostering collaborative learning and actionable insights. By facilitating the real-world application of emerging technologies, the event provided a platform for participants to explore new possibilities. Unlike typical industry conventions, NXT 2025 showcased not only Osaic’s latest platform capabilities but also featured thought leadership from key executives in the fintech and energy sectors. This dedication to innovation underscored the importance of integrating artificial intelligence tools and resources within Osaic’s Marketplace, enabling advisors to enhance their practical planning capabilities.
Jamie Price, Chief Executive Officer of Osaic, set the tone for the conference during the opening address by examining the evolution of wealth management. Price traced the industry’s journey from its early, transactional days to the current tech-driven landscape, underscoring the increasing need for digital fluency. He emphasized that advisors must strike a balance between embracing technological advancements and maintaining a human-centric, legacy-oriented approach. By integrating these dual strengths, advisors can remain competitive in a future where fewer professionals will manage a significantly larger pool of wealth. This insight formed the foundation for discussions on the role of technology in augmenting traditional wealth management practices.
Empowering Advisors: Tools and Resources
Osaic introduced a range of enhanced growth solutions during the NXT 2025 event, aiming to increase advisor autonomy, efficiency, and development. These solutions include flexible lending options, new pathways for high-net-worth financial planning, enhanced marketing support, and an expanded support academy. The introduction of flexible lending solutions offers advisors access to Personal Credit Lines backed by non-qualified assets, bolstered by a comprehensive network of loan options through strategic partnerships. In financial planning, Osaic leverages its collaboration with Lincoln Financial’s National Planning Institute to provide advisors with advanced consultation tools, particularly for high-net-worth clients. This initiative includes deploying dynamic planning technology as well as integrating on-demand resources aimed at elevating the overall financial planning experience.
In an effort to bolster marketing capabilities, Osaic has amplified its support by offering advisors greater access to consultations and strategy workshops. This includes providing a plethora of marketing materials through Highland Capital, with resources spanning areas such as life insurance and longevity planning. Furthermore, the ‘Do It For Me’ marketing platform by FMG is available, allowing advisors to efficiently streamline content with the guidance of a dedicated concierge. These initiatives reflect Osaic’s commitment to empowering advisors with the tools and resources needed to enhance productivity and growth, ensuring they can deliver personalized, high-touch solutions to their clients.
Education and Community: Building Support Networks
The introduction of the Wealth Management Support Academy marks a pivotal moment in Osaic’s journey toward nurturing the operational excellence of support staff. Building on the success of its existing Wealth Advisor Academy, this new program offers emerging support staff a structured four-month course. It focuses on developing foundational skills and operational proficiency, thereby enhancing the support system available to advisors. This commitment to education highlights Osaic’s dedication to comprehensive training and development within its community, ensuring that even as the industry evolves, its core remains robust and dependable.
Dimple Shah, Executive Vice President of Advisor Growth and Platform Solutions, emphasized that the newly introduced technologies and educational initiatives are designed to equip advisors with the skills necessary for building their businesses. Shah highlighted that the NXT conference aims to inspire advisors to craft strategies grounded in their unique business models, fortified by the extensive resources provided by Osaic. By fostering an environment of education and empowerment, Osaic reinforces its strategic focus on amplifying advisor productivity and growth, ensuring that each advisor is equipped to face the challenges and opportunities that the future holds.
A Commitment to Transformation
The primary focus at NXT 2025 revolved around transformation, adaptability, and advisor-focused innovation. These themes signaled a move away from traditional conferences with predictable agendas toward a vibrant setting that encouraged collaborative learning and actionable insights. NXT 2025 went beyond typical industry gatherings by showcasing both Osaic’s new platform features and thought leadership from fintech and energy executives. This focus on innovation highlighted the importance of incorporating AI tools and resources into Osaic’s Marketplace, allowing advisors to improve their practical planning skills.
Jamie Price, Osaic’s CEO, set the tone in his opening remarks by exploring the evolution of wealth management, from its early transactional nature to today’s tech-driven environment. Price emphasized the importance of balancing technological progress with a human-centric, legacy-driven approach. Advisors must embrace these strengths to stay competitive in a future where fewer professionals manage more wealth. This formed the basis for discussions on leveraging technology to enhance traditional wealth management.
