Osaic has added IronGate Services, a Cedar Rapids, Iowa-based advisory firm overseeing approximately $367 million in client assets, through Carlson Advisor Networks.
IronGate joins Osaic from Ameriprise Financial Services and will affiliate through Carlson Advisor Networks, an Osaic office of supervisory jurisdiction.
The team is led by financial advisor Chad Sarsfield and also includes Coy Sarsfield, Brennan Dorighi and Jeff Netolicky.
IronGate primarily serves business owners and is focused on delivering comprehensive financial advice while building a platform for continued growth.
The firm also has a multigenerational element, with Chad Sarsfield working alongside his son, Coy, as they serve clients and plan for the future of the business.
IronGate selected Osaic for the independence and flexibility available through its platform, along with access to technology, investment products, business coaching, consulting and operational resources.
The team expects its relationship with both Osaic and Carlson Advisor Networks to improve operating efficiency while allowing advisors to maintain flexibility in how they serve clients.
Carlson Advisor Networks will also provide additional guidance and back-office support as IronGate pursues its growth strategy.
The move gives IronGate access to a broader wealth management platform while preserving the independent structure that the team views as central to its client relationships.
Osaic is one of the largest wealth management platforms in the U.S. and supports more than 10,000 financial professionals.
The company is a portfolio company of Reverence Capital Partners and focuses on providing technology, investment capabilities and practice-management resources to independent advisors.
For IronGate, the affiliation represents a move toward a platform the team believes can provide additional scale without requiring it to give up control over its business model.
The practice plans to use those expanded capabilities to support business owners and families while continuing to build its presence in Iowa and beyond.
KEY QUOTES:
“We were looking for the right combination of independence, flexibility and support to help us build the next chapter of our business. Osaic gives us access to the technology, investment capabilities and resources we need to operate more efficiently while continuing to provide the first-class experience our clients expect. We’re excited about the opportunities ahead for our team and the families and business owners we serve.”
Chad Sarsfield, Financial Advisor At IronGate Services
“Chad and the IronGate team have a clear vision for growing their business while staying focused on the clients and communities they serve. Their entrepreneurial mindset and commitment to creating an exceptional client experience align closely with what we aim to support across the Osaic community. We’re pleased to welcome IronGate and look forward to helping the team achieve its goals.”
Erinn Ford, Executive Vice President Of Advisor Engagement At Osaic
