Latest news with #Kansas-based
Yahoo
3 days ago
- Business
- Yahoo
Osaic boosts wealth management capabilities with CW Advisors acquisition
Wealth management solutions provider Osaic has acquired investment management company CW Advisors for an undisclosed sum. The acquired company is a registered investment advisor based in Boston, with $13.5bn in fee-only client assets under management. Osaic said the deal is in line with its strategy to expand its market reach and serve advisors across various affiliation models, enhancing its ability to cater to a broad wealth range. CW Advisors, with 140 professionals across 17 offices, serves high net worth and ultra-high net worth clients through its core wealth management and family office platform. The acquisition allows Osaic to leverage CW Advisors' custodial partnerships with Schwab and Fidelity, offering expanded scale and capabilities as a non-self-clearing wealth management group. Osaic is acquiring CW Advisors from Audax Private Equity, providing increased access to capital to support future growth. CW Advisors is expected to benefit from Osaic's wealth capabilities in the high net worth and ultra-high net worth markets, provided by partner companies Premier Trust and Highland Capital Brokerage. Osaic president and CEO Jamie Price said: 'CW Advisors brings tremendous strength in delivering an institutional-quality platform for fee-only RIA advisors at the upper tiers of the wealth spectrum. Their scale, talent and infrastructure are highly complementary to our strategy of expanding Osaic's presence across all models and segments of the wealth management industry. 'We also welcome CW's management team, current private equity sponsor and advisors to become Osaic shareholders, alongside our current advisor shareholders. We are delighted to welcome the CW family into the Osaic family.' CW Advisors CEO Scott Dell'Orfano said: 'Joining forces with Osaic represents a pivotal step forward for CW Advisors. This partnership provides us with access to permanent capital that aligns with our long-term vision and the needs of our clients and advisors. 'We are grateful for the support we have received from our previous owner and are energised by the opportunity to grow our business with ongoing flexibility and strategic control.' Under the terms of the acquisition, CW Advisors will retain its name and client service model, remaining operationally independent while continuing to serve clients as a standalone advisor. This acquisition supports Osaic's vision for Osaic Advisors, offering growth-oriented advisors resources and capital to thrive without the burdens of running an independent business. Earlier in 2025, Osaic welcomed Payant Wealth Management Group into its fold and continues to engage with advisors looking for capital to fuel growth, solutions for succession planning, or a shift to a more supported independent model. In April 2025, NoxNumis, a Wichita, Kansas-based wealth management firm, became part of Osaic's network of advisors. "Osaic boosts wealth management capabilities with CW Advisors acquisition " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Chicago Tribune
15-06-2025
- General
- Chicago Tribune
Oswego trustees examine results of community survey
Oswego trustees recently reviewed results of a community survey conducted last winter. The survey process is intended to gather information to improve municipal services and help guide long-range planning as well as respond to the needs of the community, officials said. This is the fourth survey administered for Oswego by ETC Institute. Previous surveys in the village were done in 2023, 2018 and 2016, according to Oswego officials. The Kansas-based ETC Institute is a marketing research firm that specializes in community surveys for government entities. The survey was mailed to a random sample of households within the municipal border of the village. Residents could either return their survey by mail or complete one online. The survey generated 606 responses, ETC Institute Director of Community Research Jason Morado said. The primary goal of the survey was to get an objective assessment of how satisfied residents are with village services and what they view as the top priority of the community. The analysis can compare Oswego with other communities across the country as well, the consultant said. 'We found residents have a very positive perception of the village – 88% of respondents rated Oswego as an excellent place to raise children and 87% rated Oswego as an excellent place to live,' Morado said. 'We also found the village is moving in the right direction. Satisfaction ratings have increased in 68 of 113 areas since your last survey two years ago in 2023,' Morado said. Compared to survey results in 2018, the satisfaction ratings increased in 71 out of 113 areas since 2018. 'We have seen an overall increase in satisfaction both short-term and long-term,' he said. Satisfaction concerning village services is higher than in other communities as well, Morado said. The village is above the national average in 55 out of 60 areas, Morado said. Satisfaction with the overall quality of village services is 20% above the U.S. average, he said. One of the areas Oswego rated the furthest above the national average was customer service from village employees. The ratings were 39% above the national average, he said. The overall quality of police and fire district services, local ambulance service, library services and feelings of safety in the village were among the areas that received high ratings. Areas of new development in the village, availability of affordable housing, job availability and transportation options received low ratings on a scale of one to five, Morado said. Overall flow of traffic and congestion management received low satisfaction ratings. 'This is typical for a fast-growing community,' Morado said. While the survey shows high ratings for overall municipal services, Village President Ryan Kauffman acknowledged traffic improvements remain on Village Hall's radar. 'We do have our work cut out for us because traffic is a problem – we know that and see that. Residents reach out to us about traffic all of the time,' Kauffman said. For a community as rapidly growing as Oswego, traffic will continue to be an issue, however, strides have been made, officials said. One of the primary solutions is the widening of Wolfs Crossing to five lanes, he said. 'That will decrease some of the burden on Route 34,' he said. 'Our message to the community is that we hear you and we are working on it.'
Business Journals
09-06-2025
- Business
- Business Journals
Orange EV creates OptiGrid to tackle EV fleet fast-charging needs
Kansas City, Kansas-based Orange EV invested in a company called OptiGrid that is helping businesses with a solution to fast-charge their growing electric fleets without adding more power to their facilities.
Yahoo
06-06-2025
- Politics
- Yahoo
Resignation of Crater Lake head leaves Oregon congressional delegation concerned
Crater Lake on a hazy afternoon Aug 4, 2021, caused by wildfires in southern Oregon. (Photo by Alex Baumhardt / Oregon Capital Chronicle) While Democratic members of Oregon's congressional delegation expressed alarm at the sudden resignation of the leader of the state's only national park, the Republican who has the park in his district declined to take a position Friday. Kevin Heatley, the new superintendent of Crater Lake National Park, resigned from his post May 30 over staffing concerns after just five months on the job. Heatley, who had previously worked at the Bureau of Land Management, told Oregon Public Broadcasting, KGW, The Washington Post and several other news organizations that staffing was already lean at Crater Lake, and layoffs of probationary employees President Donald Trump ordered, followed by hiring freezes, mandates to leave vacant positions unfilled and new federal incentives from the Office of Personnel Management and the office known as the Department of Government Efficiency, or DOGE, to resign or retire were making it worse. Oregon's congressional delegation met the news with differing levels of concern. U.S. Rep. Maxine Dexter, representing Oregon's 3rd Congressional District, wrote Wednesday to Doug Burgum, secretary of the Department of the Interior, demanding to know if he or the agency had undertaken any analysis of what staffing levels were like there or how bad it had gotten. Dexter is also a member of the House Natural Resources Subcommittee on Oversight and Investigations. On X, formerly known as Twitter, Oregon's U.S. Sen. Ron Wyden, a Democrat, said it is clear to him that Trump is 'hellbent on destroying natural treasures like Crater Lake.' U.S. Rep. Cliff Bentz, who represents Oregon's 2nd District —his district includes southern Oregon's Crater Lake — said on the phone Friday he'd 'look into it.' 'The person's (Heatley) concern may be well founded. It may not. Until I know the facts better, I'm not going to take a position on it, but now that you've raised an issue, we'll look into it,' he said. The national park in southern Oregon, famous for its vibrant and translucent volcanic lake that is among the deepest in the world, typically sees about half-a-million visitors each year. But this summer, 60 to 65 seasonal positions will need to be filled, Heatley told journalists in several reports, and just eight ranger positions have so far been filled to keep visitors in the 286-square-mile park safe. 'I mean, the train is still running on the tracks, but it's not heading in the right direction,' Heatley told OPB on June 2. 'I cannot, in good conscience, manage an operation that I know is moving in the wrong direction.' Spokespeople for Crater Lake did not respond to Capital Chronicle requests for staffing and hiring data. The federal jobs portal USA Jobs does not list any current vacancies at Crater Lake. The Kansas-based company running Crater Lake's lodging, concessions, retail and boating operations had 18 vacant positions listed on its site as of June 5. The National Parks Conservation Association, a Washington D.C.-based nonprofit conservation group, called the staffing issues at the 63 National Parks a 'full-blown staffing crisis.' They report that the Department of the Interior's own workforce database shows that as of May 13, the Park Service had just over 18,000 employees across all parks, a more than 16% drop from 2023, the previous fiscal year — a decrease equal to that of the previous ten years combined. The association said the recent sharp drop was driven by Trump-incentivized buyouts, early retirements, deferred resignations and leaving vacancies unfilled. Interior Department data also shows 39% of seasonal and temporary staff at the national parks have been hired so far — about 3,300 employees. That's less than half the number of seasonal employees Park Service officials said they'd hire in a February memo. In her letter to Burgum, Dexter called Heatley's resignation a 'flashing red warning sign that something is very wrong,' in a news release Wednesday. This article was first published by the Oregon Capital Chronicle, part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Oregon Capital Chronicle maintains editorial independence. Contact Editor Julia Shumway for questions: info@
Yahoo
06-06-2025
- Politics
- Yahoo
Resignation of Crater Lake head leaves Oregon congressional delegation concerned, clueless
Crater Lake on a hazy afternoon Aug 4, 2021, caused by wildfires in southern Oregon. (Alex Baumhardt / Oregon Capital Chronicle) While Democratic members of Oregon's congressional delegation expressed alarm at the sudden resignation of the leader of the state's only national park, the Republican who has the park in his district declined to take a position Friday. Kevin Heatley, the new superintendent of Crater Lake National Park, resigned from his post May 30 over staffing concerns after just five months on the job. Heatley, who had previously worked at the Bureau of Land Management, told Oregon Public Broadcasting, KGW, The Washington Post and several other news organizations that staffing was already lean at Crater Lake, and layoffs of probationary employees President Donald Trump ordered, followed by hiring freezes, mandates to leave vacant positions unfilled and new federal incentives from the Office of Personnel Management and the office known as the Department of Government Efficiency, or DOGE, to resign or retire were making it worse. Oregon's congressional delegation met the news with differing levels of concern. U.S. Rep. Maxine Dexter, representing Oregon's 3rd Congressional District, wrote Wednesday to Doug Burgum, secretary of the Department of the Interior, demanding to know if he or the agency had undertaken any analysis of what staffing levels were like there or how bad it had gotten. Dexter is also a member of the House Natural Resources Subcommittee on Oversight and Investigations. On X, formerly known as Twitter, Oregon's U.S. Sen. Ron Wyden, a Democrat, said it is clear to him that Trump is 'hellbent on destroying natural treasures like Crater Lake.' U.S. Rep. Cliff Bentz, who represents Oregon's 2nd District —his district includes southern Oregon's Crater Lake — said on the phone Friday he'd 'look into it.' 'The person's (Heatley) concern may be well founded. It may not. Until I know the facts better, I'm not going to take a position on it, but now that you've raised an issue, we'll look into it,' he said. The national park in southern Oregon, famous for its vibrant and translucent volcanic lake that is among the deepest in the world, typically sees about half-a-million visitors each year. But this summer, 60 to 65 seasonal positions will need to be filled, Heatley told journalists in several reports, and just eight ranger positions have so far been filled to keep visitors in the 286-square-mile park safe. 'I mean, the train is still running on the tracks, but it's not heading in the right direction,' Heatley told OPB on June 2. 'I cannot, in good conscience, manage an operation that I know is moving in the wrong direction.' Spokespeople for Crater Lake did not respond to Capital Chronicle requests for staffing and hiring data. The federal jobs portal USA Jobs does not list any current vacancies at Crater Lake. The Kansas-based company running Crater Lake's lodging, concessions, retail and boating operations had 18 vacant positions listed on its site as of June 5. The National Parks Conservation Association, a Washington D.C.-based nonprofit conservation group, called the staffing issues at the 63 National Parks a 'full-blown staffing crisis.' They report that the Department of the Interior's own workforce database shows that as of May 13, the Park Service had just over 18,000 employees across all parks, a more than 16% drop from 2023, the previous fiscal year — a decrease equal to that of the previous ten years combined. The association said the recent sharp drop was driven by Trump-incentivized buyouts, early retirements, deferred resignations and leaving vacancies unfilled. Interior Department data also shows 39% of seasonal and temporary staff at the national parks have been hired so far — about 3,300 employees. That's less than half the number of seasonal employees Park Service officials said they'd hire in a February memo. In her letter to Burgum, Dexter called Heatley's resignation a 'flashing red warning sign that something is very wrong,' in a news release Wednesday. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
