Osaic Wealth Adds $300M Family-Owned Firm in New Hampshire

Osaic Wealth has added a New Hampshire-based wealth management firm from LPL Financial, which manages $300 million in total client assets. 

Hampton, NH-based Neville & Associates, founded in 1984, is a family-run advisory firm led by branch manager Rick Neville and provides wealth planning, retirement planning, investment management, and insurance solutions. 

The firm was originally founded by Rick’s mother, Carol Neville, and previously led by his father, Harold Neville, Jr., Osaic said. 

Currently, the team includes Rick’s wife, Amy Neville, their daughter, Courtney Neville, and Courtney’s husband, Nick Romagnoli. The team is also supported by Rick and Amy’s niece, Hannah Scott, marketing associate Jenel Faro, and client service associate Jack Kaplan. 

“We’ve built our business around personal relationships and helping families make confident financial decisions for the future,” Neville said. “Osaic offers a personalized partnership we were looking for, along with the resources and support to help us continue serving clients the way we always have – with independence, forward-thinking, and proven strategies.” 

Neville also stated that his firm was seeking a partner firm that offered “the scale, resources and technology” that could support the firm’s personal connection and accessibility with its clients. 

Osaic’s latest grab from LPL comes after the firm added Cary, NC-based Du Lac Wealth Services, which managed $200 million in total client assets in May.