DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Sandra Maria Penner

Osaic Advisory Services, LLCBD affiliatedMeridiam, Id dual registrantIAPD 2197496

Feed of 09/15/2026

Also filed as Sandra Maria Gorman

At current firm

0 y

since Nov 7, 2025

In the industry

30 y

since Oct 20, 1995 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S63, S66

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

Osaic Institutions, Inc. BD affiliated current
since Nov 14, 2025 · Meridiam, Id
Osaic Advisory Services, LLC BD affiliated current
since Nov 7, 2025 · Meridian, Id
Pfg Advisors independent RIA
Jun 25, 2025 to Nov 10, 2025 · Meridian, Id
Citigroup Global Markets Inc. BD affiliated
Jun 4, 2010 to May 21, 2025 · San Francisco, Ca
Merrill Lynch, Pierce, Fenner & Smith Incorporated wirehouse
Oct 23, 2009 to Jun 8, 2010 · San Francisco, Ca
Banc Of America Investment Services, Inc. unclassified
Jul 26, 2005 to Oct 23, 2009 · Walnut Creek, Ca

Moves

a registration end followed by a registration begin elsewhere

Pfg Advisors to Osaic Advisory Services, LLC
left Nov 10, 2025, registered Nov 7, 2025 (-3 days) · RIA to affiliated broker-dealer or bank · moved with a team
Citigroup Global Markets Inc. to Pfg Advisors
left May 21, 2025, registered Jun 25, 2025 (35 days) · Affiliated broker-dealer or bank to independent RIA
Merrill Lynch, Pierce, Fenner & Smith Incorporated to Citigroup Global Markets Inc.
left Jun 8, 2010, registered Jun 4, 2010 (-4 days) · Other
Banc Of America Investment Services, Inc. to Merrill Lynch, Pierce, Fenner & Smith Incorporated
left Oct 23, 2009, registered Oct 23, 2009 (0 days) · corporate re-registration, not a move

Signals

Sandra Maria Penner left Pfg Advisors for Osaic Advisory Services, Llc (registered 2025-11-07)
Nov 10, 2025 · Advisor changed firm · fact
Sandra Maria Penner left Citigroup Global Markets Inc. for Pfg Advisors (registered 2025-06-25)
May 21, 2025 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Broker-dealer affiliated wealth managerderived
Years in industry: 30derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address