The wealth management firm Osaic has added the Minneapolis-based Blaze Credit Union to its institutional channel.
Blaze Credit Union was formed in 2024 via the merger of Spire Credit Union, which had an existing relationship with Osaic, and Hiway Credit Union. The combined entity boasts 28 branch locations serving nearly 250,000 members.
The credit union works with $4.2 billion of client assets, which includes $840 million with Blaze Wealth Management.
Jim Ganger, senior vice president and chief experience officer at Blaze Credit Union, cited Osaic’s “strong technology, service commitment and advisor-first culture” as key drivers of the firm’s decision to affiliate with Osaic.
“They are the right long-term choice for our team and the members we are privileged to serve,” Ganger said in a statement. “We wanted a partner who truly values personal service and meaningful, lasting relationships.”
As part of the move, Blaze’s eight-person retirement and investment services advisor team will gain access to Osaic’s advanced planning capabilities.
“Spire Credit Union and its wealth management team have been valued partners of Osaic for many years,” said Stephen Amarante, executive vice president of Osaic Institutions.
“We’re pleased to continue this partnership with the newly formed Blaze Credit Union, supporting their commitment to empowering members with thoughtful, personalized wealth management and retirement planning built on trust and collaboration,” Amarante added.
This development comes about three months after Osaic said it was adding five new credit union-affiliated wealth management programs that earlier worked with with CUSO Financial Services, part of Atria Wealth Solutions, and had nearly $500 million in combined client assets.
Osaic, which is owned by Reverence Capital Partners, works with roughly 11,000 financial professionals.
Credit: Shutterstock
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.