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Financial Advisory  + Wealth Management  |  May 23, 2025
Osaic Expands Institutions Channel with Five Credit Union Wealth Programs 
By: Joe Palmisano

Osaic Expands Institutions Channel with Five Credit Union Wealth Programs 

Osaic has announced that the wealth management programs of five credit unions, previously affiliated with Atria Wealth Solutions’ subsidiary Cuso Financial Services, have joined its institutions channel. These programs collectively manage $500 million in assets. Atria was acquired by LPL Financial in 2024. 

Rave Financial Credit Union, based in Texas, joins Osaic’s institution channel under a W-2 model, led by advisor Marioreen “Mario” Gibson. Gibson, with industry experience since 1989, was previously registered with Merrill Lynch, UBS, Cuna Brokerage Services, and LPL, according to her BrokerCheck record. 

South Metro Federal Credit Union (Minnesota) and Capital Credit Union (North Dakota) have affiliated with Osaic to support their wealth programs, South Metro Wealth Management and Capital Investment Services. These programs will leverage Osaic’s advisor-centric platform, member-facing technology, and consultative support, the firm stated. 

Noble Credit Union (California) and Impact Credit Union (Ohio) have also joined Osaic’s institutions channel to enhance their Noble Investment Services and Impact Financial Services programs. 

In January, Osaic announced that Navy Federal Investment Services, the broker/dealer subsidiary of Navy Federal Credit Union, joined its platform. Serving over 14 million members, Navy Federal’s investment services division manages $6.06 billion in assets under administration and employs 69 advisors. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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