What Stratos Wealth Advisors does

Stratos Wealth Advisors is a fee-based registered investment advisor (RIA) operating a national network of independent financial advisors across the United States, headquartered in Beachwood, Ohio. The firm was created in 2016 as the fee-based advisory arm of Stratos Wealth Partners, which founder and CEO Jeffrey Concepcion launched in November 2008. Stratos delivers comprehensive wealth management services through twelve core product lines spanning financial planning, retirement planning, estate planning, tax planning, investment management, business planning, risk management, insurance planning, charitable giving, Social Security planning, financial coordination, and dedicated high net worth planning, with explicit fiduciary obligations and a positioning as a "pure" wealth advisor independent of large brokerage constraints.

The firm operates a sales-led go-to-market, recruiting experienced financial advisors and their established client relationships into a national network while providing back-office infrastructure, supervision, compliance, practice management consulting, and multi-custodian technology access. Client accounts are custodied and traded through partnerships with LPL Financial, Fidelity Investments, and Charles Schwab, allowing the firm to onboard practices on different custodial platforms. Revenue is generated through recurring fee-based advisory charges on client assets under management, with no publicly disclosed pricing schedule.

In 2025-2026, Stratos accelerated its scale via two major moves: the acquisition of 11 partner advisory practices representing approximately $4.8 billion in client assets (effective December 31, 2025), and a strategic majority investment by SEI Investments, which holds a 57.5% stake in Stratos Wealth Holdings. The firm concurrently appointed Charis Jones as Chief Operating Officer in October 2025 to oversee advisory operations and investment management. As a private majority-owned subsidiary of SEI with a distributed advisor-led service model, Stratos functions as a wealth management platform combining RIA advisory services, advisor recruitment and onboarding, practice consulting, and roll-up M&A capabilities.

Name

Stratos Wealth Advisors

Legal name

Stratos Wealth Advisors, LLC

Website

https://stratoswealthadvisors.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Stratos Wealth Advisors is a fee-based registered investment advisor operating a national network of financial advisors in the United States, delivering comprehensive wealth management—financial planning, retirement, estate, tax, and investment services—to business owners, individuals, retirees, and high net worth families under a fiduciary standard.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)

akta.pro secondary industry

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ)

Keywords

• Wealth management services
• Financial planning
• Investment advisory
• Retirement planning
• Estate planning

Headquarters

HQ city

Beachwood

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fee-Based Financial Advisory Services: Stratos Wealth Advisors operates as a fee-based financial advisory firm, providing investment advisory services, financial planning, and wealth management to clients. The firm provides advisors with access to a wide range of financial products and strategies available in the marketplace.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Stratos Wealth Advisors is a fee-based registered investment advisory firm that provides comprehensive wealth management and financial planning services through a national network of experienced financial advisors. The firm offers personalized concierge-level services including financial planning, retirement planning, estate planning, tax planning, investment management, risk management, insurance planning, charitable giving, business planning, and high net worth planning.

Product overview

Stratos Wealth Advisors offers a unified fee-based financial advisory platform providing comprehensive wealth management services through a national network of experienced advisors. The company operates as a single integrated offering rather than a modular platform, with services encompassing Financial Planning, Retirement Planning, Estate Planning, Tax Planning, Investment Management, Business Planning, Risk Management, Insurance Planning, Charitable Giving, Social Security Planning, Financial Coordination, and High Net Worth Planning. The firm was created in 2016 and maintains a fiduciary standard, aligning advisor interests with client interests.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning Comprehensive financial planning service that organizes and coordinates a client's financial situation, goals, and strategies; designed for individuals, families, business owners, and retirees seeking holistic guidance.
• Retirement Planning Planning service focused on retirement readiness, income strategies, and transition from asset accumulation to decumulation; targeted at pre-retirees and retirees.
• Estate Planning Estate planning service that addresses wealth transfer, legacy, and multi-generational planning needs; intended for individuals, families, and high net worth households.
• Tax Planning Tax planning service that integrates tax-aware strategies into the broader financial plan; designed for individuals, business owners, and high net worth clients with complex tax situations.
• Investment Management Ongoing investment management service delivered through advisor-led portfolio construction, executed via custodian platforms; intended for clients of the wealth management practice.
• Risk Management Risk management service that identifies and addresses financial risks within a client's plan; targeted at individuals, families, and retirees.
• Insurance Planning Insurance planning service that coordinates insurance coverage with overall financial and risk strategies; designed for individuals, families, and business owners.
• Charitable Giving Planning Charitable giving service that structures philanthropic strategies within a client's financial and tax plan; intended for high net worth individuals and families with charitable objectives.
• Business Planning Business planning service tailored to business owners, addressing the integration of personal wealth with operating-business financial planning needs.
• High Net Worth Planning Specialized planning service for high net worth households requiring complex, multi-entity wealth strategies beyond standard advisory offerings.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Three partnerships are on record, tiered core.

• LPL FinancialcoreTechnology or IntegrationLPL Financial serves as a custody and technology platform for client accounts. The Stratos Wealth Advisors account login page provides direct access to LPL Financial client portal for account management.
• Fidelity InvestmentscoreTechnology or IntegrationFidelity Investments provides custody services for client accounts. The Stratos Wealth Advisors account login page provides direct access to Fidelity client portal. Note: Fidelity Investments is an independent company, unaffiliated with Stratos Wealth Partners, and serves as a service provider rather than formal partner.
• Charles Schwab & Co., Inc.coreTechnology or IntegrationCharles Schwab serves as a custody platform for client accounts managed through the Stratos Wealth Advisors network.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Hightower Advisors: Hightower is one of the largest independent RIA and wealth advisory firms, operating a partnership-style model where advisors retain ownership and leadership while leveraging shared infrastructure. It is directly comparable to Stratos given similar structure, recruiting/roll-up growth motion, and HNW/UHNW client focus. Stratos' new COO previously held senior roles at Hightower.
• Kestra Financial: Kestra Financial is an independent wealth platform providing advisors with back-office, compliance, and technology infrastructure, growing via advisor recruitment and acquisition. Its advisor-empowered model and HNW focus make it a structural analogue to Stratos' direct advisor network.
• Focus Financial Partners: Focus Financial Partners was the leading independent RIA and wealth management consolidator (now part of CD&R), rolling up partner practices with shared infrastructure, similar in approach to Stratos' recent 11-practice acquisition. Comparable in mission though materially larger in scale and stage.
• Cetera Financial Group: Cetera is an independent advisor network supporting financial professionals with custody, technology, compliance, and practice management resources. Stratos' advisor-network model with multi-custodian platform is closely aligned with Cetera's structure, though Cetera operates at meaningfully larger scale.
• Steward Partners Global Advisory: Steward Partners is an independent wealth management firm built on advisor partnerships, providing comprehensive financial planning and investment management to HNW clients. Its operating model (advisor equity, partnership structure, open architecture) closely mirrors Stratos' advisor-network approach.
• Sanctuary Wealth: Sanctuary Wealth is a partnership-model independent wealth platform serving ultra-HNW clients with customized wealth management, lending, and planning services. Stratos' dedicated High Net Worth Planning offering and partner-practice acquisition strategy map closely to Sanctuary's positioning.
• Wealth Enhancement Group: Wealth Enhancement Group is an independent wealth management platform built through advisor recruiting and acquisitions of partner practices, serving HNW individuals and business owners. It mirrors Stratos' acquisition-driven growth model, fiduciary positioning, and multi-custodian architecture.
• Commonwealth Financial Network: Commonwealth is a large privately held independent broker-dealer/RIA supporting thousands of financial advisors with practice management, technology, and compliance support. Like Stratos, Commonwealth operates without retail investors, focusing exclusively on advisor enablement and wealth management services.

Others

• LPL Financial: LPL Financial is one of Stratos' primary custody and technology platforms, listed as a core integration partner. LPL is not a direct competitor but the infrastructure provider that enables Stratos' advisor network to access brokerage and custodial services.

Broad incumbents

• Raymond James Financial: Raymond James is a diversified financial services incumbent offering wealth management, investment banking, and asset management. Its wealth management division competes for the same advisor talent and HNW clients that Stratos targets, though at much greater scale and with proprietary products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stratoswealthpartners
• LinkedInlinkedin.com/company/stratos-wealth-advisors

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stratos Wealth Advisors