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Solid Strategies for Changing Times®

Your Financial Future

You might have an attorney, an accountant, a stockbroker and an insurance agent; but who is coordinating all of your financial affairs? Who works with you to help ensure that decisions made are aligned with your financial goals? In these volatile times, financial planning is no longer a do-it-yourself project. There has never been a time when there was a greater need for competent advice and compassionate planning services.

Phronesis Wealth Management is a fee-based financial services firm in Severna Park dedicated to providing hands-on financial advice, service, and support. Our Financial Second Opinion™ program is a comprehensive investment analysis tool that can help you work towards to pursuing your goals.

Richard C. Osman is a tenured and credentialed financial advisor with over 30 years of experience working as a fiduciary to his advisory clients. Along with his team, Richard strives to help individuals and small business owners invest their assets and build legacies for future generations.

"For over 26 years, Richard Osman and his staff have overseen our finances. While ups and downs occur, our experience with them leaves complete confidence in their judgment and selection of investments that keep the portfolio thriving. Our goals are discussed, planned, and met. I believe my best interests are paramount to the strategies put in place. Professional, caring, and competent describes the whole team."
Joyce S., Millersville, MD

This statement is a testimonial by a client of the financial professional as of 12/19/2022. The client has not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial.

How We Work

We want our clients to be as informed as possible, so our site is filled with educational videos, articles, presentations, and calculators. Please feel most welcome to send us a note, or schedule a complimentary introductory meeting regarding any questions you may have about your situation or any particular investment concepts or products.


We create strategies that are tailored to your needs and goals.

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Years of experience have prepared us to guide you through your life transitions.

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Collaboration. Honesty. Integrity. We believe values matter, and we live by ours every day.

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With You in Mind

With You in Mind

Our business is built on a foundation of thoughtful client relationships.

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