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CFP
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CFP

Daniel Thomas

Osaic Wealth, INC.
45 Years of Experience
Troy, MI
2 DisclosuresBrokerSells Insurance
View SEC Summary
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Daniel Thomas is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Troy, MI, with 45 years of industry experience. Daniel 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.

View Full SEC Brochure

Location

901 Tower Drive, Suite 180, Troy, MI, 48098

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 1999
Award / Judgment
Customer Dispute
September 1994
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Daniel owns Thomas Financial Group LLC, where he sells and services fixed life, annuity, and long-term care insurance, dedicating about a quarter of his time. He is also a director of a condo association in Florida, spending a few hours per week, and an insurance agent working with AdvisorShare.

Employment History
Current Registrations
Osaic Wealth, INC.
March 2009 - Present · 17 yrs 7 mos
Osaic Wealth, INC.Broker
May 2004 - Present · 22 yrs 5 mos
Previous Registrations
Affiliated Advisors, INC.
March 2010 - December 2018 · 8 yrs 9 mos
Ing Financial Partners, INC
January 2003 - May 2004 · 1 yr 4 mos
Washington Square Securities, INC.
June 1997 - December 2002 · 5 yrs 6 mos
Ing Financial Partners, INC.Broker
June 1997 - May 2004 · 6 yrs 11 mos
North American Financial Group, INC.Broker
June 1994 - May 1997 · 2 yrs 11 mos
Equico Securities, INC.Broker
November 1983 - July 1994 · 10 yrs 8 mos
The Equitable Life Assurance Society of the United StatesBroker
January 1981 - July 1994 · 13 yrs 6 mos
State Registrations24 states
ALAZCACOFLGAILINKYMIMNMSNJNVNYOHORSCTNTXUTVAWAWI
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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