At a glance
- Private Wealth Daily's Moves Wire dates the move Oct. 21, 2026, and counts it among 17 recorded Osaic moves in the past 12 months.
- ICG next said it chose Osaic after evaluating several major firms, citing access to senior leadership, hands-on support for recruiting and acquisitions, and the ability to operate and serve clients on the Fidelity National Financial Services (NFS) platform.
- The release does not disclose payout, leaving principals to ask whether Osaic offered a higher payout or transition package to win a $2.3 billion firm.
ICG next, a Wall Township, New Jersey wealth management firm with about $2.3 billion in client assets and about 21 financial advisors, has left LPL Financial for Osaic, according to an Osaic release.
Private Wealth Daily's Moves Wire dates the move Oct. 21, 2026, and counts it among 17 recorded Osaic moves in the past 12 months. The Wire lists Managing Partner James A. Costabile as the lead name and a 22-person team; the release describes about 21 advisors plus a client service and operations staff. The firm also has an office in Melville, New York.
ICG next said it chose Osaic after evaluating several major firms, citing access to senior leadership, hands-on support for recruiting and acquisitions, and the ability to operate and serve clients on the Fidelity National Financial Services (NFS) platform.
The release does not disclose payout, leaving principals to ask whether Osaic offered a higher payout or transition package to win a $2.3 billion firm.
On Oct. 8, Private Wealth Daily reported that LPL signed Brad Jerome's $175 million practice from Osaic. At $2.3 billion, ICG next holds about 13 times the assets of that practice.
Reported by the Moves desk from Osaic newsroom and Private Wealth Daily's Moves Wire. Published . Corrections