Mamta Rai
Mamta Rai is a registered investment advisor at Osaic Wealth, INC., based in Houston, TX, with 16 years of industry experience. Mamta 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
1300 Bay Area Blvd #B, Ste 150-14, Houston, TX, 77058
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Regulatory History (2)
Customer Dispute
April 2016Customer Dispute
May 2014Other Business ActivitiesSells Insurance
Mamta is a financial advisor and insurance agent selling life, health insurance, and indexed annuities, dedicating a few hours per week to this. She is also an investment advisor representative, spending about half her time on client advisory accounts. Mamta is also a partner with her husband in gas station and convenience stores, but is not involved in day-to-day operations.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
VALIC Financial Advisors, INC.
VALIC Financial Advisors, INC.Broker
First Investors CorporationBroker
State Registrations2 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.