Skip to content

Stratos Private Wealth Division Expands in Northeast Through Office Rebrand

Stratos Private Wealth, a part of Stratos Wealth Holdings, expanded its presence into two new markets with the rebranding of two Stratos-affiliated practices. Heald Financial Advisors of Marlton, N.J., will become Stratos Private Wealth – South Jersey; and Claricity Wealth & Planning of Westchester, N.Y., will become Stratos Private Wealth – Westchester.

“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, 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.”

Brown launched Stratos Private Wealth in May 2023 to enhance the firm’s support for high- and ultra-high-net-worth clients. It operates as a division of Stratos Wealth Partners. Adding these practices represents the division’s first expansion since its launch last spring though the Northern California-based registered investment adviser, formerly of Osaic, joined Stratos Wealth Partners earlier this year.

Stratos Private Wealth – South Jersey is led by Dan Loughlin, CFP, who has served in a range of financial services and wealth management leadership roles across his more than 15-year career in the sectors.

“As the rapid pace of change impacts both the registered investment adviser landscape and our practice, we felt it was important to align with like-minded practices across the country that provide the scale and resources to serve our clients,” Loughlin said.

Adam Rude, CFP, CIMA, RMA, heads the Stratos Private Wealth – Westchester office.

“By sharing resources and ideas, we gain the economies of scale enjoyed by larger organizations while continuing to provide personalized service for our discerning client base,” Rude said.

As part of Stratos Private Wealth, both offices will provide customized financial planning, wealth planning, retirement planning, estate, tax and trust strategy services tailored to the high- and ultra-high-net-worth client segments. With this expansion, the Stratos Private Wealth division will have a combined $1.7 billion in investment advisory assets.

Lou Camacho, president of Stratos Wealth Enterprises, the acquisition arm of Stratos 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 Wealth Partners Ltd. manages over $11.8 billion in advisory assets. Stratos Wealth Holdings is a family of companies that includes Stratos Wealth Partners, Stratos Wealth Advisors and Fundamentum. Stratos has a national network of over 340 financial advisers and financial planning practitioners working across 27 states.

Click here to visit The DI Wire directory page.