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Scott Litten

Osaic Wealth, INC.
36 Years of Experience
York, PA
1 DisclosureBrokerSells Insurance
View SEC Summary
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Scott Litten is a registered investment advisor at Osaic Wealth, INC., based in York, PA, with 36 years of industry experience. Scott is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Education Planning, Estate Planning, and 5 more. Their firm serves 575,512 clients with $230B in assets under management.

Osaic Wealth, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9240 advisors
Number of Clients
575,512 clients
Average Client Portfolio
$408K average
Assets Under Management
$234.9B

Fee Structure

Minimum Investment:$5.5K
Planning is included in investment management (also available separately)

Osaic Wealth offers several investment management programs where fees are charged as an annual percentage of your portfolio, typically billed monthly or quarterly. Because individual financial professionals negotiate their own fee schedules and programs vary by platform, exact rates depend on the specific account type and manager selected.

  • Advisor Managed Portfolios and Unified Managed Account Programs — Fees vary based on negotiations with your financial professional and the specific asset allocation models or third-party managers chosen.
  • Plan Participant Retirement Program — Annual management fees charge up to 3.00% of your account assets, structured as a fixed percentage or a tiered fee schedule.
  • Program Annuities — Annual advisory fees for managing outside annuities will not exceed 1.50% of program assets for new accounts.

Account minimums vary widely by program, ranging from $5,500 to $10,000 for certain automated or platform accounts, while other programs depend on the specific investment product or third-party manager.

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Location

York, PA

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History

Regulatory History (1)
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Customer Dispute
February 2007
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Scott owns Litten Financial Group, LLC, where he sells variable investments, health insurance, fixed life insurance, and fixed annuities, dedicating about half of his time. He also owns Medicare Insurance Enrollment Center and works as a broker/agent for Litten Financial Group, LLC - Fixed Insurance, selling fixed annuities and non-variable insurance, spending about 10-20% of his time on this.

Employment History
Current Registrations
Osaic Wealth, INC.Broker
November 2018 - Present · 7 yrs 11 mos
Osaic Wealth, INC.
November 2018 - Present · 7 yrs 11 mos
Previous Registrations
Signator Investors, INC.Broker
May 2016 - November 2018 · 2 yrs 6 mos
Signator Investors, INC.
May 2016 - November 2018 · 2 yrs 6 mos
Transamerica Financial Advisors, INC.
January 2008 - May 2016 · 8 yrs 4 mos
Transamerica Financial Advisors, INCBroker
August 2005 - May 2016 · 10 yrs 9 mos
Pruco Securities, LLC.Broker
April 1990 - July 2005 · 15 yrs 3 mos
The Prudential Insurance Company of AmericaBroker
April 1990 - December 1993 · 3 yrs 8 mos
State Registrations6 states
FLILMDPASCVA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
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