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Kent Rains

31 Years of Experience
Overland Park, KS
BrokerSells Insurance

Kent Rains is a registered investment advisor at Osaic Wealth, INC., based in Overland Park, KS, with 31 years of industry experience. Kent 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
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9246 advisors
Number of Clients
574,829 clients
Average Client Portfolio
$348K average
Assets Under Management
$200.3B

Fee Structure

Minimum Investment:$5.5K

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.

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Location

10925 Antioch Rd, Suite 205, Overland Park, KS, 66210

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Kent is the president and a financial professional at Ad Astra Investment Management, LLC, which is also a DBA for tax purposes, taking nearly full-time. He also owns Ad Astra Fixed/Insurance, an agency selling fixed insurance products, and is a member of Rock Chalk Land and Cattle LLC, dedicating a few hours per week to buying cattle.

Employment History
Current Registrations
Osaic Wealth, INC.Broker
January 2024 - Present · 2 yrs 4 mos
Osaic Wealth, INC.
January 2024 - Present · 2 yrs 4 mos
Previous Registrations
Woodbury Financial Services, INC.Broker
November 2022 - January 2024 · 1 yr 2 mos
Woodbury Financial Services, INC.
November 2022 - January 2024 · 1 yr 2 mos
Cetera Advisors LLC
May 2010 - November 2022 · 12 yrs 6 mos
Cetera Advisors LLCBroker
May 2010 - November 2022 · 12 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 1997 - June 2010 · 12 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 1997 - June 2010 · 12 yrs 9 mos
Franklin Financial Services CorporationBroker
August 1996 - August 1997 · 1 yr
Eq Financial Consultants, INC.Broker
January 1995 - July 1996 · 1 yr 6 mos
The Equitable Life Assurance Society of the United StatesBroker
January 1995 - July 1996 · 1 yr 6 mos
State Registrations19 states
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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.
Kent Rains - Financial Advisor | TrueAdvisor