We’re excited to announce our partnership with Stratos Wealth Partners, an independent, partner owned and operated RIA firm that places client interests at the forefront of every action taken. We couldn’t be happier to help further their client focused mission and be a small part of their success. Here’s the press announcement.
Stratos Wealth Partners Announces Partnership with Riskalyze to
Further Client-Centric Mission
Growing hybrid-RIA partners with innovative technology firm to increase client services and effective wealth management solutions for its network of advisors
Beachwood, Ohio— Stratos Wealth Partners, an independent, partner owned and operated hybrid Registered Investment Advisor (RIA) has announced a new strategic partnership with Riskalyze, the company that invented the Risk Number, a quantitative measurement of client risk tolerance. The partnership will allow Stratos to provide its growing network of over 180 advisors across the country with award-winning risk engineering tools.
For the first time, Stratos Wealth Partners advisors will have access to the Riskalyze platform, empowering them to mathematically pinpoint a client’s risk tolerance free of charge. Unlike qualitative and psychological questionnaires that are subjectively weighted and rely heavily on the stereotype of age, Riskalyze’s objective and quantitative approach to capturing a client’s Risk Number, allows firms to further analyze the client-specific suitability that regulators are looking for, benefiting clients, advisors and the firm itself.
“We’re incredibly excited about our new partnership with Riskalyze,” said Daniel Jacoby, Chief Investment Officer and Founding Partner at Stratos Wealth Partners. “We’re confident that the innovative technology will allow us to further facilitate the success of our advisors by improving their ability to effectively manage their clients’ wealth.”
Offered at a highly leveraged discount, the Riskalyze Complete Plan will also enable Stratos advisors to analyze a client or prospect’s current portfolio, compare it against their risk score and build a custom investment portfolio to match each customer’s unique risk fingerprint. Other features include dynamic stress testing of portfolios for extreme market conditions, one-click investment policy statement generation, retirement map planning and powerful marketing tools to drive practice growth.
“We are elated that a leading firm like Stratos Wealth Partners is making such a deep investment in their advisors to equip them with the world’s leading risk analytics technology,” said Aaron Klein, CEO at Riskalyze. “The era of advising clients through hunches, speculation and gut feel is officially over, and we are proud to partner with Stratos to help them continue to exceed their clients’ expectations.”
About Stratos Wealth Partners
Headquartered in Beachwood, Ohio, Stratos Wealth Partners works solely to facilitate the success of more than 180 independent financial advisors nationwide.The firm provides experienced financial advisors with a reliable infrastructure and resources that allow them the flexibility to develop and grow their own businesses. Stratos Wealth Partners offers operational, strategic and consulting resources to advisors who are interested in going independent or are already independent. With more than 75 executive, functional and support professionals in place, the firm has assembled a concierge team to assist their advisors in bringing full-service strategies to their clients. For more information, please visit www.stratoswealthpartners.com.
Riskalyze is the company that invented the Risk Number™ and was named as one of the world’s 10 most innovative companies in finance by Fast Company Magazine. Riskalyze works with RIAs, hybrid advisors, independent broker-dealers, custodians, clearing firms and asset managers to align the world’s investments with investor risk tolerance. To learn more, visit www.Riskalyze.com or email firstname.lastname@example.org.
Stratos Wealth Partners, LTD., an SEC Registered Investment Adviser, manages over $2 billion in advisory assets, and has, through LPL Financial, $3.5 billion in brokerage and third party assets for a total of 5.6 billion in assets as of 9/30/2014.
Securities offered through LPL Financial. Member FINRA/SIPC. Investment advice offered through Stratos Wealth Partners, a Registered Investment Advisor and separate entity from LPL Financial.