OSAIC Mergers

$840 Million Blaze Credit Union Affiliates with Osaic

Published August 12, 2025 at 01:00 PM

SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #CreditUnion--Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management solutions, today announced that Blaze Credit Union (“Blaze”) has joined its Osaic Institutions channel, further expanding Osaic’s presence in the financial institution market. Blaze was formed in 2024 through the merger of Spire Credit Union, which had an existing relationship with Osaic, and Hiway Credit Union. The combined entity has subsequently chosen to partner with Osaic.

Related Questions

How will the affiliation with Blaze Credit Union affect OSAIC's revenue and earnings forecasts? What is the expected contribution of Blaze's $840 million in assets to OSAIC's AUM growth and fee income? Will the merger generate cost synergies, and what is the estimated magnitude of those savings? What are the integration timelines and associated expenses, and how might they affect near‑term cash flow? How does this partnership impact OSAIC's valuation multiples relative to its peers in the wealth‑management space? Could the addition of Blaze increase OSAIC's market share in the financial‑institution channel and drive future client acquisition? What are the potential risks or regulatory hurdles associated with merging Spire and Hiway Credit Unions under OSAIC's platform? How might this news influence OSAIC's short‑term stock price movement and trading volume? Will the partnership affect OSAIC's capital allocation strategy, including dividend policy or share repurchases? How does this deal compare to recent similar acquisitions by competitors, and what does it imply for industry consolidation trends?