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Babatunde Ogunlana

24 Years of Experience
Fort Lauderdale, FL
BrokerSells Insurance

Babatunde Ogunlana is a registered investment advisor at Osaic Wealth, INC., based in Fort Lauderdale, FL, with 24 years of industry experience. Babatunde 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

5310 NW 33 Ave., Suite 206, Fort Lauderdale, FL, 33309

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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

Babatunde owns Axial Family Advisors, where he sells various insurance products and fixed annuities, dedicating full-time hours to this role. He also owns Ogunlana LLC, providing consulting services as an expert witness in divorce cases, and is involved in other ventures including a podcast guest role, an IT service startup investment, owning a boat under Axial Marine Services LLC, and serving as a board member for the NSU Museum of Art.

Employment History
Current Registrations
Osaic Wealth, INC.
September 2023 - Present · 2 yrs 10 mos
Osaic Wealth, INC.Broker
September 2023 - Present · 2 yrs 10 mos
Previous Registrations
Sagepoint Financial, INC.
July 2017 - September 2023 · 6 yrs 2 mos
Sagepoint Financial, INC.Broker
July 2017 - September 2023 · 6 yrs 2 mos
Regal Investment Advisors LLC
July 2015 - July 2017 · 2 yrs
Regulus Advisors, LLCBroker
July 2015 - July 2017 · 2 yrs
Metlife Securities INC.
January 2004 - July 2015 · 11 yrs 6 mos
Metlife Securities INC.Broker
August 2002 - July 2015 · 12 yrs 11 mos
Metropolitan Life Insurance CompanyBroker
August 2002 - July 2007 · 4 yrs 11 mos
Allmerica Investments, INC.Broker
July 2001 - August 2002 · 1 yr 1 mo
State Registrations26 states
ARCACOCTDCFLGAHIIAILKYMAMDMINCNJNVNYOHORPASCTNTXVAWY
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.