Bobby Payne
Bobby Payne is a registered investment advisor at Osaic Wealth, INC., based in Manassas, VA, with 37 years of industry experience. Bobby operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
8629 Sudley Rd Ste 202, Manassas, VA, 20110
Get directionsHistory
Regulatory History (6)
Customer Dispute
March 2022Customer Dispute
December 2009Customer Dispute
November 2006Customer Dispute
August 2003Customer Dispute
May 2003Customer Dispute
February 2003Other Business ActivitiesSells Insurance
Bobby maintains a business license for Payne & Associates Insurance, an old insurance business that was sold in 2005. He also services old fixed universal life insurance products, dedicating minimal time to this activity.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Woodbury Financial Services, INC.
Woodbury Financial Services, INC.Broker
Spc
Sammons Securities Company, LLCBroker
Washington Square Securities, INC.
Washington Square Securities, INC.Broker
Allmerica Investments, INC.Broker
State Registrations32 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.