Stratos hires experienced wealth management exec as chief operating officer

Stratos hires experienced wealth management exec as chief operating officer
The firm is moving into a new phase of growth and has hired a former LPL, Citi, and Capital One leader.
AUG 30, 2023

Stratos Wealth Holdings has bolstered its senior leadership team with a new chief operating officer.

The family of companies which includes Stratos Wealth Partners, Stratos Wealth Advisors, and Fundamentum, has appointed Phil Nuttall to the COO role, effective immediately. He succeeds Lou Camacho, who will focus on the strategic expansion of Stratos Wealth Enterprises.

Nuttall has a decade of wealth management industry experience and was most recently at LPL Financial as senior vice president, Enterprise Alliances. Previously he headed up the advice and financial planning team at Capital One and has also held leadership roles at HSBC and Citi.

"The opportunity to join a growing firm with a talented executive team during a time of industry challenges provided me with perfect next step in my career,” Nuttall said. “I greatly enjoyed my time with LPL and am excited to continue Stratos' strong partnership with them in my new role."

GROWTH PHASE

Stratos is entering a new phase of growth and founder and CEO Jeff Concepcion said the firm is fortunate to have such a strong leadership team.

“Our entire executive team's steadfast leadership and vision have allowed us to expand into new market segments,” he said. “With Phil, we are positioned to build upon our success and take full advantage of our position in the market."

Latest News

Northern Trust bulks up family office team with New York hires
Northern Trust bulks up family office team with New York hires

Bessemer and Brown Brothers Harriman veteran Robert Ludricks III and private markets specialist Olof Akesson join the ultra-high-net-worth push on the East Coast.

AI tax breaks draw Warren probe of Meta, Google, Amazon, Microsoft
AI tax breaks draw Warren probe of Meta, Google, Amazon, Microsoft

Senate Democrats seek data on data center deductions under the 2025 tax law as proposals to tax artificial intelligence multiply.

RIA M&A slowdown threatens record streak, DeVoe says
RIA M&A slowdown threatens record streak, DeVoe says

Geopolitical shocks and market volatility pushed advisor deal decisions off course, denting third-quarter transaction volume by 19 percent.

Why serving women became our wealth management growth strategy
Why serving women became our wealth management growth strategy

Hendershott Wealth Management's Hilary Hendershott on turning a niche for women into an operating strategy, not a marketing pitch.

Advisor moves: Raymond James lands $1.25B team as Merrill loses two
Advisor moves: Raymond James lands $1.25B team as Merrill loses two

Iowa's Greenwood Wealth Partners exits D.M. Kelly as UBS and Ameriprise win Merrill Lynch recruits in California and Florida

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains