Stratos Wealth Advisors (a part of Stratos Wealth Holdings) announced it has successfully recruited Spain & Smith of Pepper Pike, Ohio, to its platform. Headed by industry veteran Henry “Hank” Spain, Managing Director and Senior Portfolio Manager, and supported by Dayna Smith, Wealth Advisor, the firm has more than $100 million in assets under management (AUM).
Spain & Smith helps clients understand their finances by developing a long-term financial wellness program that aims to enable them to reach their goals. And the team utilizes a trust-based approach to help clients with financial, retirement, Social Security, tax, estate, charitable and education planning, wealth management and risk management needs.
Stratos Wealth Advisors manages over $3.3 billion in advisory assets and over $279 million in third-party managed assets as of March 31, 2024. Stratos offers operational, strategic, and reliable infrastructure, enabling advisors the flexibility to develop and grow their business. Since being founded, Stratos has grown to 65 advisors, has access to 82 home office staff, and has more than 30 locations in the United States.
KEY QUOTES:
“As we examined how we wanted to expand in the future, we felt working with Stratos would be the best path to achieving our goals. Stratos’ reputation is strong in Cleveland and around the country, and I know their team will help us fully utilize the technological and practice management solutions they offer allowing us to take our firm and clients forward.”
– Henry “Hank” Spain
“I’ve known Hank for years and have a deep respect for his approach to client service. I’m thrilled Hank and Dayna have joined us as they continue to grow their business by taking advantage of Stratos’ scale and scope to enhance the way they support their clients.”
– Jeff Concepcion, Founder and CEO of Stratos Wealth Partners
