BEACHWOOD, Ohio, Sept. 26, 2018 /PRNewswire/ -- Stratos Wealth Partners, a Stratos Wealth Network company, has been named to Barron's 2018 list of the country's Top 40 RIA Firms. In addition, Barron's ranked Stratos #2 in number of advisors, #3 in number of offices, and #5 in number of states.
Under the leadership of Founder and CEO, Jeff Concepcion, Stratos has grown from $700 million in client assets in 2009 to approximately $7.7 billion in AUA.
In addition, the advisors at Stratos Wealth Partners are also registered with LPL Financial and service $5.6 billion in brokerage assets. Securities offered through LPL Financial, member FINRA/SIPC. All entities are separate and not affiliated with LPL Financial.
"On behalf of the entire Stratos family, we are honored to be named by Barron's as one of the top RIA firms in the country," says Jeff. "Our success has been due to our daily commitment to helping advisors do what they do best – serving the needs of their clients."
Each year Barron's produces their list of top firms to help investors find quality financial guidance based on a number of qualitative and quantitative components, including assets under management, the size and experience of their advisory teams, and the regulatory records of the firms and their advisors. This year, the RIA Firm ranking expanded to 40 spots (from 30 last year and 20 in 2016), to make room for the explosive growth of elite firms.
About Stratos Wealth Network
Stratos Wealth Network is a family of companies focused on supporting the growth and success of financial advisors across business models and affiliation structures. Stratos companies include Stratos Wealth Partners, Stratos Wealth Advisors, Stratos Wealth Management, Stratos Wealth Alliance, Stratos Wealth Enterprises, and Fundamentum. Stratos includes a national network of 284 experienced financial advisors and financial planning practitioners working across 87 offices throughout the country.
Stratos provides custodial services through Fidelity Investments, Charles Schwab, TD Ameritrade, and LPL Financial. Investment advice offered through Stratos Wealth Partners, a registered investment adviser.
Stratos Wealth Partners, an SEC Registered Investment Advisor, manages over $5.89 billion in advisory assets.
Stratos Wealth Advisors, LLC, an SEC Registered Investment Advisor, manages over $368 million in advisory assets as of June 30, 2018.
Fundamentum, LLC, an SEC Registered Investment Advisor, manages over $236 million in advisory assets as of June 30, 2018.
Media Contact: Kevin Elvington
SOURCE Stratos Wealth Partners