\n Expanded deal pairs succession-planning software with a broker-dealer network already logging rapid AI adoption among 11,000 advisors.\n <\/p>\n
Osaic is widening its relationship with business owner-planning platform RISR, giving the wealth management giant’s roughly 11,000 affiliated advisors deeper access to tools for valuing, transitioning and protecting privately held companies.<\/p>\n
The expanded arrangement builds on a partnership the two firms began last year and comes as Osaic leans further into technology it says advisors are adopting faster than almost anything the company has rolled out before.<\/p>\n
The updated relationship extends RISR’s capabilities across business valuation, succession planning, exit strategy design and risk management, allowing the giant hybrid RIA’s advisors to link a client’s business holdings more directly to their broader financial plan.<\/p>\n
Jerry Schreck, senior vice president of advisor education and training at Osaic, said the expanded access reflects rising demand among advisors for structured ways to guide entrepreneurs through complex transitions.<\/p>\n
\u201cAs demand for sophisticated business owner planning continues to grow, it’s critical that our advisors have access to the tools and resources needed to serve clients with confidence,” Schreck said in a statement on Thursday.<\/p>\n
Citing McKinsey Institute for Economic Mobility research<\/a>, RISR notes that an estimated 6 million small and midsize businesses are expected to change hands by 2035 as owners retire, with more than 1 million of those representing viable sale or employee-ownership candidates worth roughly $5 trillion in enterprise value. Within its own platform, RISR said\u00a057% of business owners it evaluated had no protections in place against death, disability or ownership disputes, underscoring what the firm frames as a widespread planning gap.<\/p>\n Read more:\u00a0Most potential business successors think there’s a plan \u2013 but owners say otherwise<\/a><\/p>\n Amanda Bussa, managing partner at Bussa Financial Partners, which offers securities and investment advisory services through Osaic, said the software helps her guide clients through fundamental valuation questions that shape growth and succession conversations, rather than treating business ownership as a side issue to retirement accounts.<\/p>\n RISR’s push into Osaic’s network follows a string of recent additions to its enterprise roster. Since its 2024 launch, the fintech firm has struck partnerships with Journey Strategic Wealth, Great Valley Advisor Group, Citadel Wealth Management, Wealthcare Capital Management, Modern Wealth and NewEdge Wealth, and it recently added the $16 billion RIA OnePoint BFG Wealth Partners<\/a>, formerly known as Bleakley Financial Group.<\/p>\n In May, the company introduced an AI-powered document analysis module that scans buy-sell agreements, insurance policies and operating agreements for coverage gaps, part of a broader effort to speed up work that previously required specialized expertise and significant advisor time.<\/p>\n Read more:\u00a0RISR introduces business document analysis and risk module as AI document review expands into niche client areas<\/a><\/p>\n