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Stratos Wealth Enterprises Acquires A Majority Stake In Nsc Asesores

Mar 02, 2022•over 3 years ago

Acquiring Company

Stratos Wealth Holdings

Acquired Company

NSC Asesores

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Description

Stratos Wealth Enterprises, a Stratos Wealth Holdings ("Stratos") company, today announced the purchase of a controlling interest in NSC Asesores ("NSC"), a premier wealth management and investment firm headquartered in Mexico City, with more than $4 billion (U.S.) in client assets, from an affiliate of the leading Swiss wealth manager Julius Baer Group Ltd. ("Julius Baer"). Stratos companies collectively oversee $23.3 billion in assets under advisement.

Company Information

Company

Stratos Wealth Holdings

About

Stratos Wealth Holdings 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 Enterprises, and Fundamentum. Stratos includes a national network of over 350 experienced financial advisors and financial planning practitioners working across 26 states throughout the country. Stratos Wealth Partners, Ltd., an SEC Registered Investment Advisor, manages over $10.33 billion in advisory assets, and advises through LPL Financial, over $8.28 billion in brokerage and third party managed assets for a total of $18.61 billion as of December 31, 2021. Fundamentum, LLC, an SEC Registered Investment Advisor, manages over $1.25 billion in advisory assets as of December 31, 2021. Stratos Wealth Advisors, LLC, an SEC Registered Investment Advisor, manages over $2.59 billion in advisory assets as of December 31, 2021. Stratos Wealth Management DBA LPL Financial, an SEC Registered Investment Advisor, manages over $451 million in advisory assets, and advises through LPL Financial, over $382 million in brokerage and third party managed assets for a total of $833 million as of December 31, 2021. All entities listed are separate from and unaffiliated with LPL Financial. Media Contact: Kevin Elvington (440) 505-5608 stratoswealthpartners.com kelvington@stratoswp.com Related Links http://www.stratoswealthpartners.com/ SOURCE Stratos Wealth Partners

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed