#United States #Beachwood #Stratos Wealth #partner practices #SEI Investment

Stratos Wealth Holdings Completes Major Acquisition

In a significant move within the financial advisory sector, Stratos Wealth Holdings has successfully acquired 11 partner practices, amassing approximately $4.8 billion in total client assets as of the end of December 2025. This acquisition, which includes a variety of practices from sole practitioners to multi-advisor teams, underscores Stratos' commitment to fostering strategic partnerships that align with its growth initiatives.

By making this series of acquisitions, Stratos aims to address the pressing demand for improved structures and scalable approaches to long-term growth and transition planning among advisory practices. Unlike traditional succession models that can often leave advisors feeling under-supported, Stratos is forging partnerships with advisors by investing in them. This model provides enhanced resources and operational support, thus allowing advisors to maintain control over their practices while enjoying the benefits of a more robust organizational framework.

Jeff Concepcion, founder and CEO of Stratos, commented on the shifting landscape: "Today's advisors face a wave of complexities—from growing client expectations to the technological advancements and the need for sustainable continuity. The traditional succession model is changing; advisors now seek strategic partners that offer scalable solutions without compromising their business leadership."

These newly acquired practices represent a diverse array of advisory firms, further proving Stratos' adaptability in accommodating various business models. Each practice involved has entered into a partnership with shared objectives focused around growth, operational scale, and long-term planning, solidifying Stratos' role in the advisory landscape.

Participating Practices

The practices involved in this acquisition include:

• - Kowal Financial Services, Fairfax, Virginia
• - Jamie Turk Holdings, Beachwood, Ohio
• - Veritas Boston, Rockland, Massachusetts
• - True North Wealth Partners, Dublin, Ohio
• - Spain & Smith Wealth Advisors, Pepper Pike, Ohio
• - Windsor Wealth Management, Gladwyne, Pennsylvania
• - Pistone Wealth Advisors, Pepper Pike, Ohio
• - Marquis Wealth Group, Tucson, Arizona
• - PTM Financial, Chula Vista, California
• - Stratos Private Wealth Westchester, Westchester, New York
• - Stratos Private Wealth San Diego, San Diego, California

Lou Camacho, President of Stratos Wealth Enterprises, added, "Our primary goal is the establishment of long-term alignment with selected partner practices while simultaneously bolstering them through a resilient operational framework. By implementing this model, we empower advisors to lead their firms more effectively, accessing comprehensive infrastructure and strategic resources dedicated to ensuring a seamless continuity and augmented enterprise value."

The acquisition aligns with Stratos' ongoing strategy to adapt and enhance its service offerings through structured partnerships backed by SEI's strategic investment, which holds a 57.5% majority stake in Stratos. The collaboration is expected to enhance operational support, increase access to capital, and strengthen Stratos' commitment to advisor independence.

As these developments unfold, Stratos Wealth Holdings is positioned to reshape the advisory space by supporting advisors through a robust network that prioritizes both growth and autonomy, ultimately setting a new standard in the financial services industry.