Stratos hires experienced wealth management exec as chief operating officer

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.”