Osaic Names Saumya Bhavsar as Chief Legal Officer and General Counsel

Meta FinTech’s former head of legal and vice president will steer strategic legal direction as Osaic embraces next phase of growth and innovation

Osaic, Inc. (“Osaic”), one of the nation’s largest providers of wealth management solutions, today announced the appointment of Saumya Bhavsar as chief legal officer and general counsel. Bhavsar previously served as vice president and head of legal at Meta FinTech, the business division of Meta leading the company’s financial services initiatives. In this capacity, she oversaw a global team of product and regulatory lawyers advising on Meta's payment products and activities.

“We’re excited to welcome a legal professional of Saumya’s caliber to guide us through the next phase of growth,” said Jamie Price, president and chief executive officer at Osaic. “We are confident in the impact she will bring as a proven leader with experience and perspective that transcends wealth management. We look forward to the exciting work we will accomplish together.”

Bhavsar brings three decades of legal and regulatory expertise and senior leadership to Osaic. In addition to her aforementioned experience with Meta, she previously served as general counsel at Diem Networks, overseeing legal and regulatory matters for Meta's digital currency initiative. She also has extensive experience in wealth management, strategic transactions and regulatory compliance from her tenures as global head of regulatory affairs at Credit Suisse and managing director at UBS. Her early career experience at the Office of the Comptroller of Currency, U.S. Department of Treasury, will be instrumental in helping Osaic navigate evolving financial regulations while driving growth.

“I look forward to leading Osaic’s legal and regulatory strategy in a way that strengthens our firm and the advisors we support,” said Bhavsar. “Osaic is redefining wealth management with an entrepreneurial spirit and a commitment to excellence and integrity. I’m eager to apply my experience to build a strong legal framework that helps advisors grow their businesses and deliver exceptional service to their clients.”

Bhavsar will join Osaic’s Executive Leadership Team and spearhead the legal department’s strategy with a strong focus on helping advisors navigate the evolving regulatory landscape. Her deep expertise in securities law and regulations will help ensure that policies are clear, accessible and focused on supporting advisors’ business growth. By providing practical legal guidance and mitigating regulatory risks, Bhavsar will play a key role in fostering a framework that supports a range of flexible affiliation options. Additionally, she will champion an inclusive and purpose-driven culture, reinforcing Osaic’s commitment to empowering advisors with the resources and clarity they need to thrive.

Osaic’s core focus continues to be providing financial professionals with the solutions, flexibility and support they need to create lasting enterprise value and fulfill their clients’ financial goals and aspirations.

For more information about Osaic, please visit Osaic.com.

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