Donald Payne is a CFP, ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Birmingham, AL, with 33 years of industry experience. Donald 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
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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
3535 Grandview Parkway, Suite 500, Birmingham, AL, 35243
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Securities America, INC.Broker
Securities America Advisors, INC.
Lion Street Advisors, LLC
Lion Street Financial, LLCBroker
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
M Holdings Securities, INC.
M Holdings Securities, INC.Broker
NFP Advisor Services, LLC
NFP Advisor Services, LLCBroker
Todd Securities, INC.Broker
Nathan & Lewis Securities, INC.Broker
Mutual Service CorporationBroker
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
State Registrations5 states
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