Osaic, one of the nation’s largest providers of wealth management strategies, has announced that Pointes North Wealth Management, led by managing partners Nathan Auclair and Brent Balloch, CFP, ChFC, has joined its Empowered Independence channel. The Salem, New Hampshire-based firm oversees more than $500 million in client assets and is transitioning from an independent model to Osaic’s W-2 structure. Innovative Financial Group, an Osaic office of supervisory jurisdiction, played a central role in facilitating the transition and helping design a structure aligned with Pointes North’s long-term goals.
Auclair has been affiliated with Osaic since 1994, providing continuity as the firm enters its next phase of growth. The move to the Empowered Independence channel is designed to reduce administrative responsibilities, allowing the Pointes North team to focus more time on deepening client relationships and growing the practice. The transition gives the firm more options for succession planning while keeping clients connected and giving them access to Osaic’s scale, infrastructure, and resources. The transition is expected to be seamless for clients, with no disruption to services, relationships, or investment strategies.
Pointes North is the latest in a growing wave of transitions to Osaic’s Empowered Independence channel, joining Veater Financial Group, which oversees $1.1 billion in assets, and Bard Financial Services, which oversees $1.2 billion. Osaic, a portfolio company of Reverence Capital Partners, supports more than 10,000 financial professionals nationwide.
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“Innovative Financial Group has built a reputation for helping advisors think strategically about the future of their businesses, and this partnership reflects that commitment. Brent and Nathan have built an outstanding firm, and we were pleased to work closely with them and Osaic to develop a thoughtful path forward that supports their long-term vision.”
Brian Heapps, Founder, Innovative Financial Group
“We are excited to welcome Pointes North into the Empowered Independence channel. We’ve designed this channel to reduce operational complexity while giving advisors access to the scale, resources and support they need to build enduring businesses. This partnership reflects our commitment to providing flexible affiliation options that help advisors grow, evolve and serve their clients more effectively.”
Cindy Hamel, Head of the Empowered Independence Channel, Osaic
“We are grateful for the trust our clients have placed in us and remain deeply committed to serving them and their families for generations to come. This structure allows us to focus more of our time and energy where it matters most; our clients. It also gives us greater flexibility as we think about the future of our business.”
Nathan Auclair and Brent Balloch, Managing Partners, Pointes North Wealth Management
