OSAIC INSTITUTIONS, INC. of MERIDEN, CT is an SEC-registered investment adviser (CRD 35371). Regulatory assets under management: $6.5B. This firm reports disciplinary history on Form ADV.
Compensation: % of AUM, Hourly, Fixed.
Clients served: Individuals, High net worth, Pensions, Charities, Other.
Showing 25 of 38 people.
| Name | Role | Location |
|---|---|---|
| Smith Lamont Charles | DIRECTOR | DENVER, CO |
| James Dale Price | CHAIRMAN | — |
| Matthew Adam Schlueter | DIRECTOR AND EXECUTIVE VICE PRESIDENT OPERATIONS AND TECHNOLOGY SOLUTIONS | — |
| Milton Ralph Berlinski | INVESTMENT MEMBER; MEMBER; TRUSTEE | — |
| Gregory Allen Cornick | DIRECTOR | — |
| Christopher Mills Mitchell | CORPORATE TREASURER, FINANCIAL AND OPERATIONS PRINCIPAL | — |
| Stephen Paul Amarante | PRESIDENT, CEO AND DIRECTOR | — |
| Dori Jamille Hammond | CHIEF COMPLIANCE OFFICER | — |
| David Martin Schmidt | TREASURER, FINANCIAL AND OPERATIONS PRINCIPAL | — |
| John Michael Cooney | CHIEF COMPLIANCE OFFICER | — |
| SCHLUETER MATTHEW ADAM | DIRECTOR AND EXECUTIVE VICE PRESIDENT | — |
| MARTIN RODNEY OWEN JR | FINANCIAL & OPERATIONS PRINCIPAL; FINANCIAL & OPERATIONS PRINCIPAL/CHIEF COMPLIANCE OFFICER; FINANCIAL & OPERATIONS PRINCIPAL/CHIEF COMPLIANCE OFFICER,CROP,SROP | — |
| MURPHY DARLENE MARIE | DIRECTOR | — |
| MILLER JOSEPH RICHARD | DIRECTOR | — |
| BROUILLARD RHEO ARTHUR | DIRECTOR | — |
| PRICE JAMES DALE | CHAIRMAN | — |
| MONGELLOW THOMAS SCOTT | TREASURER | — |
| AMARANTE STEPHEN PAUL | PRESIDENT & CEO; PRESIDENT, CEO AND DIRECTOR | — |
| MARTOCCI JOHN JOSEPH | DIRECTOR | — |
| PAQUETTE CHARLES BORROMEE | DIRECTOR | — |
| NOONAN GERALD MICHAEL | CHAIRMAN | — |
| FORTE DANIEL JOHN | VICE CHAIRMAN | — |
| LEWIS ROBERT JENNINGS | DIRECTOR | — |
| EGAN JAMES DANIEL | DIRECTOR | — |
| YANARELLA MARK C | DIRECTOR | — |
| Initiated | Type | Allegations | Status | Amount |
|---|---|---|---|---|
| 2023-01-17 | regulatory | INFINEX'S ANTI-MONEY LAUNDERING (AML) PROGRAM IS NOT REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH THE REQUIREMENTS OF THE BANK SECRECY ACT (BSA) AND ITS IMPLEMENTING REGULATIONS IN MULTIPLE RESPECTS. SINCE SEPTEMBER 2021, THE FIRM HAS FAILED TO ESTABLISH AND IMPLEMENT POLICIES AND PROCEDURES REASO… | Final | $650K |
| 2019-03-11 | regulatory | INFINEX, IN ITS CAPACITY AS AN INVESTMENT ADVISER, VOLUNTARILY PARTICIPATED IN THE SEC'S SHARE CLASS SELECTION DISCLOSURE INITIATIVE. PURSUANT TO THE INITIATIVE, INFINEX SELF-REPORTED TO THE SEC THAT IT FAILED TO ADEQUATELY DISCLOSE CONFLICTS OF INTEREST RELATED TO THE SALE OF HIGHER COST MUTUAL FUN… | Final | — |
| 2018-07-18 | regulatory | AS A BROKER-DEALER, FAILED TO REASONABLY SUPERVISE ITS REGISTERED REPRESENTATIVES OPERATING ON BANK PREMISES. | Final | $125K |
| 2015-10-19 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS, THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO IDENTIFY AND APPLY SALES CHARGE DISCOUNTS TO CERTAIN CUSTOMERS' ELIGIBLE PURCHASES OF UNIT INVESTMENT TRUSTS (UITS) RESULTING IN CUSTOMERS PAYING EXCESSIVE SALES CHARGES OF A… | Final | $150K |
| 2014-04-11 | regulatory | WITHOUT ADMITTING OR DENYING THE FINDINGS. THE FIRM CONSENTED TO THE SANCTIONS AND TO THE ENTRY OF FINDINGS THAT IT FAILED TO SUBJECT NON-TRADITIONAL EXCHANGE-TRADED FUNDS (ETFS) TO THE SAME LEVEL OF REVIEW AS OTHER NEW PRODUCTS OFFERED FOR SALE TO RETAIL BROKERAGE CUSTOMERS. THE FINDINGS STATED THA… | Final | $75K |
| 2011-01-20 | regulatory | SEC EXCHANGE ACT RULESS 17A-3, 17A-4, FINRA RULE 2010, NASD RULES 2110, 3010, 3110, MSRB RULES G-8, G-9, G-27; WITH RESPECT TO 43 CORPORATE BOND TRANSACTIONS, THE FIRM FAILED TO MAINTAIN ADEQUATE ORDER TICKETS AS FOLLOWS: TEN OF THE ORDER TICKETS DID NOT REFLECT THE ORDER TYPE; FOUR OF THE ORDER TIC… | Final | $15K |
| 2009-04-17 | regulatory | NEW YORK INSURANCE DEPARTMENT ALLEGED THAT FIRM FILED INCORRECT INSURANCE LICENSE APPLICATIONS IN 2004. | Final | $2K |
| 2007-12-31 | regulatory | NASD RULES 2110 AND 31010(A) AND (B): BI INVESTMENTS, LLC FAILED TO ESTABLISH, MAINTAIN AND ENFORCE A SUPERVISORY SYSTEM AND WRITTEN PROCEDURES RELATING TO ITS VARIABLE ANNUITY BUSINESS THAT WERE REASONABLY DESIGNED TO ACHIEVE COMPLIANCE WITH APPLICABLE FEDERAL SECURITIES LAWS AND REGULATIONS AND NA… | Final | $100K |
| 2007-07-09 | regulatory | THE RESPONDENT ACTED AS A DEALER IN THE STATE OF ILLINOIS WITHOUT BEING PROPERLY REGISTERED IN VIOLATION OF SECTION 12.A AND 12.C OF THE ILLINOIS SECURITIES LAW. | Final | $7K |
| 1996-04-06 | regulatory | THE STATE OF CONNECTICUT DEPARTMENT OF BANKING ALLEGED THAT INFINEX INVESTMENTS, INC., FORMERLY KNOWN AS CONNECTICUT ASSOCIATION SECURITIES, INC., EFFECTED CERTAIN TRANSACTIONS IN SECURITIES IN CONNECTICUT FROM UNREGISTERED BRANCHES AND FAILED TO SUPERVISE CERTAIN AGENTS IN CONNECTION WITH SUCH ACTI… | Final | $1K |