Wealth management service Osaic announced it has added Cornerstone Advisors to the firm. Cornerstone founder James P. Benson II and his team currently oversee nearly $360 million in total client assets. Benson is a veteran advisor with over 30 years of industry experience.
Operating out of the Brainerd Lakes region of Baxter, Minnesota, with additional offices in Bismarck, North Dakota, and Perham, Minnesota, Cornerstone offers financial planning and portfolio management for individual and family clients, comprised mostly of mass-affluent retirees and pre-retirees. Cornerstone encompasses a total of six professionals, including advisors and support staff.
Osaic is a portfolio company of Reverence Capital Partners, and it is one of the nation’s largest providers of wealth management strategies, supporting about 10,500 financial professionals worldwide. The firm’s goal is to support the strategic role that financial professionals can play in the lives of their clients.
KEY QUOTES:
“I’m excited to bring my business and clients to Osaic. The technology stack, service offerings and overall support that Osaic bring to the table are second to none in the industry. With Osaic, we now have a true partner who will provide us with the flexibility and resources we need to enhance our clients’ service experience, while working with us to implement our ambitious business growth strategy.”
– Cornerstone founder James P. Benson II
“I’m pleased to welcome James and his team to Osaic. Our mission is to use our scale and resources to provide practices like Cornerstone with the value-added systems, services and support they need to grow their businesses and reach their vision of success, however they define it. We are honored that James is placing his trust in us to help him shape the future of his practice and look forward to being there to empower him every step of the way.”
– Kristen Kimmell, Executive Vice President Business Development, Osaic
