Stratos Wealth Enterprises, a Beachwood, Ohio-based wealth management firm, has taken a 25% stake in the practice of Marietta, Georgia-based financial adviser Robert Patti, who manages $280 million.
"Stratos' 25 percent minority stake in Rob's firm is the first of its kind in the Greater Atlanta area, and as his equity partner, we look forward to amplifying his strengths as an advisor." Lou Camacho, president of Stratos Wealth Enterprises, said in a statement.
Patti affiliated with Stratos Wealth Partners as an independent adviser in 2013.
Stratos Wealth Partners, a registered investment adviser, manages over $10.3 billion.
Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.
Whichever path you go down, act now while you're still in control.
Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.
“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.
Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.
Streamline your outreach with Aidentified's AI-driven solutions
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
