Stratos Wealth Holdings Hires Former LPL Exec as Chief Operating Officer

Stratos Wealth Holdings, comprised of a number of registered investment advisory firms with nearly $52.9 billion in client assets under management, announced the appointment of Phil Nuttall as chief operating officer.

Nuttall joins Stratos with more than a decade of wealth management executive experience. He most recently served as senior vice president, Enterprise Alliances for LPL Financial. Prior to that he was the head of Advice & Financial Planning for Capital One. He also held several leadership roles for HSBC and Citi earlier in his career.

“As we move into the next phase of growth, we are fortunate to have such an incredibly talented and dedicated team to lead our firm,” Stratos founder and chief executive officer, Jeff Concepcion, said. “Our entire executive team’s steadfast leadership and vision have allowed us to expand into new market segments. With Phil, we are positioned to build upon our success and take full advantage of our position in the market.”

Nuttall said, “The opportunity to join a growing firm with a talented executive team during a time of industry challenges provided me with perfect next step in my career. I greatly enjoyed my time with LPL and am excited to continue Stratos’ strong partnership with them in my new role.”

Lou Camacho, who served as the firm’s chief operating officer from 2020 to 2023, will now focus on the strategic expansion of Stratos Wealth Enterprises.

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 advisors and financial planning practitioners working across 27 states.

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