Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management strategies, today announced that ICG next, a New Jersey-based wealth management firm managing approximately $2.3 billion in client assets, has joined its growing advisor network. ICG next joins Osaic from LPL Financial, a move to help better position the firm for its next phase of growth while preserving their longstanding culture, client relationships, dedication to client service and multigenerational planning philosophy.

Headquartered in Wall Township, NJ, ICG next is led by Managing Partner James A. Costabile, CRPC®, CLTC®, AIF®, alongside approximately 21 financial advisors and a team of client service and operations professionals. The firm maintains an additional office in Melville, New York, providing a presence across the New York/New Jersey tri-state area. ICG next serves mass-affluent and high-net-worth families across generations, with an approach centered on comprehensive planning, stewardship and high-touch service. The firm works with clients to understand how financial decisions connect to their broader personal, professional and family goals, helping each generation plan for what comes next.

“We’ve built ICG next around comprehensive advice, long-term stewardship and what we call ‘caring competence.’ This combines deep expertise with a genuine commitment to the families we serve,” said Costabile. “As we thought about what’s next for our clients, our advisors and our business, we wanted a partner that understood what makes ICG next distinctive while giving us the scale and support to reach our strategic objectives. Our conversations with Osaic’s leadership, combined with the direction of the organization and its commitment to helping firms grow, while still focusing on our core value of client service gave us confidence that we had found that alignment.”

ICG next selected Osaic following an evaluation of several major firms, with 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 emerging as key factors in the decision.

“ICG next has built an impressive enterprise by combining a clear growth vision with a deep commitment to the families it serves,” said Shannon Reid, Osaic President and Head of Advisor Growth and Engagement. “James and his team are thinking intentionally about what the firm needs to remain relevant, sustainable and positioned for the next generation. That entrepreneurial mindset aligns closely with Osaic, and we look forward to providing the scale, infrastructure and hands-on partnership to help them pursue their vision while staying true to the client experience that has driven their success.”

The focus on the long-term extends to ICG next’s growth strategy. The firm has nearly tripled in size since 2019 and plans to continue expanding through a combination of organic growth, advisor recruiting and acquisitions. ICG next is focused on attracting early- and mid-career advisors looking to grow their practices, while also partnering with later-career advisors seeking succession solutions, with future expansion concentrated primarily along the East Coast and particularly in the New York/New Jersey tri-state area.

The addition of ICG next builds on Osaic’s broader momentum across its wealth management platform. It follows the recent addition of Midwest Financial Group from Commonwealth, and underscores Osaic’s ability to attract established advisory businesses seeking greater flexibility, resources and support. The firm continues to invest in technology, advisor services and business development capabilities designed to help financial professionals better serve clients and scale their businesses.

To learn more about Osaic, please visit Osaic.com.

About Osaic

Osaic, Inc. (“Osaic”), a portfolio company of Reverence Capital Partners, is one of the nation’s largest providers of wealth management strategies, supporting over 10,000 financial professionals. Osaic’s mission is to empower entrepreneurial advisors to create leading wealth management solutions that enhance lives and legacies. Visit www.osaic.com to learn more.

Securities and investment advisory services are offered through the firms: Osaic Wealth, Inc. and Osaic Institutions, Inc., broker-dealers, registered investment advisers, and members of FINRA and SIPC. Securities are offered through Osaic Services, Inc. and Ladenburg Thalmann & Co., broker-dealers and members of FINRA and SIPC. Advisory services are offered through Ladenburg Thalmann Asset Management, Inc., Osaic Advisory Services, LLC, and CW Advisors, LLC, registered investment advisers. Advisory programs offered by Osaic Wealth, Inc. are sponsored by VISION2020 Wealth Management Corp., an affiliated registered investment adviser.

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