$1B Beacon Financial Group Moves to W-2 Affiliation at Osaic

Osaic Wealth has added an Ohio-based registered investment advisor firm that manages $1 billion in total client assets to its W-2 affiliation model. 

Aurora, OH-based Beacon Financial Group, which was founded in 2022, is led by managing director and founder Brent Besinger, and has joined Osaic’s Empowered Independence channel, after previously operating as an RIA, with broker-dealer affiliation through Private Client Services. 

The firm offers financial planning, investment management, retirement and multigenerational planning, and wealth management services to high-net-worth clients. 

The firm provides services to roughly 120 households and includes a team of six staff members. 

Besinger had been leading the firm since its establishment, with Lincoln Financial Advisors, but left in 2024, after Lincoln Financial was acquired by Osaic that same year. 

Beacon Financial selected Osaic to support its succession planning strategy, Besinger stated. 

“When we started exploring succession planning options, our biggest priority was finding a partner that would allow us to continue running our business the way we always have, with our clients’ needs guiding every decision,” said Besinger. 

Through the firm’s affiliation with Osaic, Beacon will gain access to various solutions, including technology and business-related resources. 

Recently, Osaic poached New Jersey-based wealth manager ICG next, which oversees about $2.3 billion in client assets from LPL Financial. 

In July, Osaic also added Cincinnati, OH-based Tri-State Financial Group, which oversees roughly $575 million in assets under advisement to its W-2 affiliated channel. 

Pictured: Beacon Financial Group