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Financial Advisory  + RIAs & Financial Advisors  |  November 12, 2024
Osaic Adds $180M Buffalo FA Team 
Joe Palmisano
By: Joe Palmisano

Osaic Adds $180M Buffalo FA Team 

Osaic, Inc., announced the addition of Nova Wealth, a Buffalo, NY-based independent wealth manager, with $180 million in client assets under administration.  

Led by Elizabeth Evanisko, Jeffrey Gelormini, and Brett Komm, Nova Wealth focuses on investments, financial planning and insurance. 

“By joining Osaic, we’re gaining even more independence, allowing us to more effectively choose the financial planning tools and resources that work best for our clients in helping them reach their goals,” said Evanisko, co-founder and wealth manager at Nova Wealth. 

The announcement follows Osaic, which is backed by private investment firm Reverence Capital Partners, revealing upgrades and features to its retirement income planning tool, NextPhase, earlier this year. 

Osaic’s wealth management network includes approximately 11,000 financial professionals, 270 financial institutions, and over $653 billion in assets under administration. 

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Osaic, Inc.Nova Wealth

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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