Osaic completed the acquisition of Payant Wealth Management Group.

Osaic, a provider of wealth management solutions, completed the acquisition of Payant Wealth Management Group, a provider of personalized wealth management services. Financial terms were not disclosed. "Like many entrepreneurial financial advisors, I have spent my entire career building my practice to support my clients current and future goals. Affiliating with Osaic's W2 channel has given me the peace of mind that my wife, my colleagues and our clients will be set up for success. Beyond the initial transition, the partnership with Osaic positions us for continued success, allowing us to focus on delivering exceptional value to our clients while pursuing new opportunities for growth together. The financial strength of Osaic provides comfort to our stakeholders that our future is one of stability, growth, and continued success." Tom Payant, Payant Wealth Management Chairman & CEO.