Stratos Wealth Partners Lands Seven New Advisors with Approximately $1 Billion in Assets

Stratos Wealth Advisors Adds Eight New Advisors Representing Roughly $2.1 Billion in Assets

Stratos Wealth Management Welcomes Four New Advisors with Around $247 Million in Assets

BEACHWOOD, Ohio, March 25, 2025 — Stratos Wealth Holdings (“Stratos”) has announced that its three affiliated entities, Stratos Wealth Partners, Stratos Wealth Advisors, and Stratos Wealth Management, collectively recruited $3.5 billion in client assets during 2024, nearly tripling the total from 2023.

“We are delighted by Stratos’s impressive performance this past year,” said Jeff Concepcion, Founder and CEO of Stratos. “We offer financial advisors a diverse array of affiliation choices to suit their business requirements, enabling them to manage their practices and serve their clients according to their preferences. Our strong growth this past year underscores the appeal of our value proposition in the market. We are eager to continue executing our strategic growth initiatives in 2025.”

Stratos Wealth Partners

Stratos Wealth Partners, an RIA serving hybrid, independent, and W2 advisors, recruited 7 advisors representing approximately $1 billion in total client assets during 2024. The firm began the year strongly by welcoming Pettinelli Financial Partners, formerly affiliated with Osaic, from Redwood City, California, with $700 million in total client assets.

Jon Pettinelli, President of Pettinelli, stated that they chose Stratos because his team “desired a hybrid firm with multiple custodians to enhance efficiencies and scalability for continued growth. Stratos also provides advisor support and portfolio management solutions to strengthen our client relationships.”

Stratos Wealth Advisors

In 2024, Stratos Wealth Advisors, a platform for independent advisors, onboarded 8 advisors, representing approximately $2.1 billion in client assets. A notable achievement for the firm in 2024 was the successful recruitment of a breakaway team of experienced advisors from RBC Wealth Management, who established Reno Tahoe Wealth Management with $500 million in client assets.

Peter Bessette, co-founder of Reno Tahoe Wealth Management, indicated that Stratos shared the team’s vision and values as they transitioned to independence. “We sought a partner to facilitate this transition, while also developing and implementing a long-term growth strategy focused on the next generation.”

Stratos Wealth Management

Last year, Stratos Wealth Management added 4 advisors, representing approximately $247 million in client assets.

Stratos Wealth Management DBA LPL Financial, an SEC Registered Investment Advisor, oversees over $299 million in advisory assets and advises through LPL Financial on over $667 million in brokerage and third-party managed assets, totaling $966 million as of December 31, 2024.

Stratos – A true partnership

Stratos was founded in 2008 to address a growing demand among experienced, sophisticated advisors and their affluent clients. The Stratos network offers advisors a selection of partnership models to best suit their requirements, assisting them in navigating and succeeding within the complex and evolving wealth management landscape.

Concepcion added, “As Stratos enters its next growth phase, our talented leadership and dedicated staff are committed to delivering personalized service, operational support, and the resources advisors need to prosper in our evolving industry.”

About Stratos Wealth Holdings

Stratos Wealth Holdings encompasses a group of companies dedicated to supporting the growth of financial advisors across various business models and affiliation structures. Stratos companies include registered investment advisors Stratos Wealth Partners, Stratos Wealth Advisors, and Stratos Investment Management.

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SOURCE Stratos Wealth Holdings