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Stratos Wealth Enterprises Acquires A Majority Stake In Nsc Asesores

PRIVATEMar 02, 2022

Acquiring Company

Stratos Wealth Holdings

Acquired Company

NSC Asesores

SpainOtherProfessional ServicesFinancial ServicesSoftwareScience And EngineeringPaymentsTransportationMedia And Entertainment

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.

Quick answer

Stratos Wealth Holdings is acquiring NSC Asesores, announced March 2, 2022.

How much did Stratos Wealth Holdings pay for NSC Asesores?
The deal value was not disclosed.
What does Stratos Wealth Holdings do?
Stratos Wealth Holdings is a family of companies focused on supporting the growth and success of financial advisors across business models and affiliation structures.
Where are Stratos Wealth Holdings and NSC Asesores based?
NSC Asesores is based in Spain.

Source: Fundz verified event record.

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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

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Frequently asked

Who acquired NSC Asesores?

NSC Asesores was acquired by Stratos Wealth Holdings. The deal was reported on March 2, 2022. 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 Wealth Holdings is privately held and operates in Other.

When did Stratos Wealth Holdings acquire NSC Asesores?

Stratos Wealth Holdings's acquisition of NSC Asesores was reported on March 2, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NSC Asesores do?

It is privately held, operating in Media And Entertainment, and is based in Spain.

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