Receiving unsolicited correspondence from a financial services company often prompts curiosity and sometimes, concern. One possible reason for receiving a letter from Osaic Wealth, Inc. is that an individual’s contact information may have been obtained through publicly available sources, or purchased from a marketing data provider. Financial institutions frequently utilize such data to identify potential clients who might benefit from their services.
The outreach serves as an introduction to Osaic Wealth, Inc., a registered financial firm. The firm hopes to initiate a relationship and potentially manage investments or provide financial planning guidance. The benefit to the recipient would be access to professional financial advice and wealth management services. Historically, direct mail marketing has been a common strategy for financial institutions to expand their client base, targeting individuals based on demographics, income, and other factors deemed relevant to their service offerings.
