Stratos Private Wealth Expands To New Jersey And New York

Expansion To Westchester County, New York, And Southern New Jersey Follows Push Last Year To Broaden Services To Ultra-High And High Net Worth Investors
Jeff Brown, President & Founder, Stratos Private Wealth and Lou Camacho, President, Stratos Wealth Enterprises
Janeesa Hollingshead, Contributing Editor, Wealth Solutions Report
Janeesa Hollingshead, Contributing Editor, Wealth Solutions Report

Stratos Private Wealth announced this week that it has expanded its presence into southern New Jersey and Westchester County, New York, by rebranding Heald Financial Advisors (Stratos Private Wealth – South Jersey) and Claricity Wealth & Planning (Stratos Private Wealth – Westchester). The firm, which is a part of the Beachwood, Ohio-based Stratos Wealth Holdings, now manages about $1.7 billion.

“The increased demand for high-net-worth, ultra-high-net-worth and family office support underscores the importance of developing a unified approach to this market segment, and I’m thrilled to welcome the South Jersey and Westchester teams to Stratos Private Wealth,” said Jeff Brown, the President and Founder of Stratos Private Wealth. “Together, we will enhance the services we provide to this growing client base with quality solutions supported by the scale and expertise of the Stratos network.”

Stratos Private Wealth launched in May 2023 after Stratos Wealth Holdings took a majority stake in BWM Financial, a San Diego-based firm founded by Brown. The leadership of the rebranded firms will remain intact. Dan Loughlin will lead the South Jersey office and Adam Rude will head up the Westchester presence.

Stratos Private Wealth launched in May 2023 after Stratos Wealth Holdings took a majority stake in BWM Financial.

President of Stratos Wealth Enterprises, Lou Camacho, concluded, “We have taken a deliberate approach to growing the Stratos Private Wealth division, and I’m thrilled that we have expanded into the South Jersey and Westchester markets through these practices. We believe that we have developed a program that will only be enhanced by the addition of Dan, Adam and their teams as we continue to build our high-net-worth and ultra-high-net-worth offering.”

Stratos Private Wealth markets wealth management services of RIA Stratos Wealth Partners, also a part of Stratos Wealth Holdings. Stratos Wealth Enterprises is the acquisition arm of Stratos Wealth Holdings. In February, Stratos Wealth Partners recruited $700 million Pettinelli Financial Partners.

Janeesa Hollingshead, Contributing Editor at Wealth Solutions Report, can be reached at editor@wealthsolutionsreport.com.

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