Stratos Personal Wealth, a section of Stratos Wealth Holdings, expanded its presence into two new markets with the rebranding of two Stratos-affiliated techniques. Heald Economic Advisors of Marlton, N.J., will become Stratos Private Prosperity – South Jersey and Claricity Prosperity & Scheduling of Westchester, N.Y., will grow to be Stratos Private Wealth – Westchester.
“The enhanced demand from customers for high-web-worthy of, extremely-large-web-worth and relatives office assist underscores the relevance of creating a unified technique to this marketplace segment, and I’m thrilled to welcome the South Jersey and Westchester groups to Stratos Personal Prosperity,” reported Jeff Brown, president and founder of Stratos Non-public Wealth. “Together, we will enrich the expert services we present to this growing client foundation with quality solutions supported by the scale and abilities of the Stratos network.”
Brown introduced Stratos Personal Wealth in May 2023 to greatly enhance the firm’s support for high- and extremely-superior-internet-really worth purchasers. It operates as a division of Stratos Wealth Associates. Including these tactics signifies the division’s initially enlargement due to the fact its start past spring nevertheless the Northern California-based registered expense adviser, previously of Osaic, joined Stratos Prosperity Associates earlier this yr.
Stratos Personal Prosperity – South Jersey is led by Dan Loughlin, CFP, who has served in a assortment of economical services and prosperity administration leadership roles throughout his much more than 15-12 months job in the sectors.
“As the swift tempo of transform impacts both the registered expense adviser landscape and our follow, we felt it was crucial to align with like-minded procedures across the nation that present the scale and methods to provide our clientele,” Loughlin said.
Adam Rude, CFP, CIMA, RMA, heads the Stratos Personal Wealth – Westchester workplace.
“By sharing sources and strategies, we acquire the economies of scale appreciated by much larger organizations when continuing to give personalized company for our discerning customer foundation,” Impolite stated.
As part of Stratos Non-public Prosperity, both workplaces will present custom-made money planning, prosperity planning, retirement planning, estate, tax and have confidence in technique products and services personalized to the substantial- and extremely-superior-internet-value consumer segments. With this enlargement, the Stratos Personal Prosperity division will have a blended $1.7 billion in financial commitment advisory assets.
Lou Camacho, president of Stratos Wealth Enterprises, the acquisition arm of Stratos concluded: “We have taken a deliberate method to escalating the Stratos Personal Prosperity division, and I’m thrilled that we have expanded into the South Jersey and Westchester marketplaces by means of these methods. We believe that we have formulated a method that will only be increased by the addition of Dan, Adam, and their teams as we go on to build our significant-internet-truly worth and ultra-significant-net-well worth presenting.”
Stratos Prosperity Partners Ltd. manages around $11.8 billion in advisory belongings. Stratos Wealth Holdings is a household of firms that incorporates Stratos Prosperity Companions, Stratos Wealth Advisors and Fundamentum. Stratos has a nationwide community of around 340 financial advisers and economical setting up practitioners doing work throughout 27 states.
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