Osaic did a round of layoffs in early March 2025
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Anyone know how many/what kind of employees they cut in the September round?
Osaic did have another layoff in September 2024 and employees and reps are leaving the firm in large numbers.
https://www.thelayoff.com/american-portfolios
initial unconfirmed reports are ~ 100 people
https://citywire.com/ria/news/osaic-held-round-of-layoffs-sources/a2440678
The independent brokerage giant has cut an unspecified number of jobs, including employees who joined through the 2022 acquisition of broker-dealer American Portfolios.