Stratos

Stratos, a Crypto-focused VC Firm, Shares 109% Net Return for Liquid Token Fund in Q1, Driven Mostly by Positions in Solana and Memecoins

Retrieved on: 
Tuesday, April 23, 2024
Internet, Palley, LP record, Eye, Philosophy, Stratos, Cryptocurrency

NEWPORT BEACH, Calif., April 23, 2024 /PRNewswire-PRWeb/ -- Stratos, a VC firm focused on early-stage crypto projects with close to $500M assets under management, shares its Q1 gains showcasing a 137% return (109% net) for their liquid token fund and a total net value of over 25x for their second early-stage venture fund. The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund. The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.

Key Points: 
  • The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund.
  • The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.
  • One aspect of our approach that may be more unique among our peer group is that we incorporate memecoins into our liquid fund portfolio.
  • As an example, we started buying WIF around $0.01 in December, delivering a 300X return since then for our liquid token fund."

Stratos, a Crypto-focused VC Firm, Shares 109% Net Return for Liquid Token Fund in Q1, Driven Mostly by Positions in Solana and Memecoins

Retrieved on: 
Tuesday, April 23, 2024
Internet, Palley, LP record, Eye, Philosophy, Stratos, Cryptocurrency

NEWPORT BEACH, Calif., April 23, 2024 /PRNewswire-PRWeb/ -- Stratos, a VC firm focused on early-stage crypto projects with close to $500M assets under management, shares its Q1 gains showcasing a 137% return (109% net) for their liquid token fund and a total net value of over 25x for their second early-stage venture fund. The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund. The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.

Key Points: 
  • The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund.
  • The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.
  • One aspect of our approach that may be more unique among our peer group is that we incorporate memecoins into our liquid fund portfolio.
  • As an example, we started buying WIF around $0.01 in December, delivering a 300X return since then for our liquid token fund."

Stratos, a Crypto-focused VC Firm, Shares 109% Net Return for Liquid Token Fund in Q1, Driven Mostly by Positions in Solana and Memecoins

Retrieved on: 
Tuesday, April 23, 2024
Internet, Palley, LP record, Eye, Philosophy, Stratos, Cryptocurrency

NEWPORT BEACH, Calif., April 23, 2024 /PRNewswire-PRWeb/ -- Stratos, a VC firm focused on early-stage crypto projects with close to $500M assets under management, shares its Q1 gains showcasing a 137% return (109% net) for their liquid token fund and a total net value of over 25x for their second early-stage venture fund. The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund. The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.

Key Points: 
  • The liquid token fund saw substantial gains primarily from its holdings in Solana, Nosana, and $WIF (Dog Wif Hat), a popular memecoin that yielded a 300X return for the fund.
  • The venture fund growth was driven in part by Stratos' early investment in Dymension, a modular blockchain built to power the internet of RollApps.
  • One aspect of our approach that may be more unique among our peer group is that we incorporate memecoins into our liquid fund portfolio.
  • As an example, we started buying WIF around $0.01 in December, delivering a 300X return since then for our liquid token fund."

Stratos Private Wealth Expands to Southern New Jersey and Westchester, New York

Retrieved on: 
Tuesday, April 9, 2024
Stratos, Organization, Trust, Acquisition, Financial services

BEACHWOOD, Ohio, April 9, 2024 /PRNewswire/ -- Stratos Private Wealth, a part of Stratos Wealth Holdings (Stratos), today announced it has successfully expanded its presence into two key markets with the rebranding of two Stratos-affiliated practices. Heald Financial Advisors of Marlton, New Jersey, will become Stratos Private Wealth – South Jersey, and Claricity Wealth & Planning of Westchester, New York, will become Stratos Private Wealth – Westchester.

Key Points: 
  • BEACHWOOD, Ohio, April 9, 2024 /PRNewswire/ -- Stratos Private Wealth, a part of Stratos Wealth Holdings (Stratos), today announced it has successfully expanded its presence into two key markets with the rebranding of two Stratos-affiliated practices.
  • Heald Financial Advisors of Marlton, New Jersey, will become Stratos Private Wealth – South Jersey, and Claricity Wealth & Planning of Westchester, New York, will become Stratos Private Wealth – Westchester.
  • "The increased demand for high-net-worth, ultra-high-net-worth and family office support underscores the importance of developing a unified approach to this market segment, and I'm thrilled to welcome the South Jersey and Westchester teams to Stratos Private Wealth," said Jeff Brown, the President and Founder of Stratos Private Wealth.
  • Lou Camacho, President of Stratos Wealth Enterprises, the acquisition arm of Stratos concluded, "We have taken a deliberate approach to growing the Stratos Private Wealth division, and I'm thrilled that we have expanded into the South Jersey and Westchester markets through these practices.

Stratos Jets Launches World's First Private Air Charter Franchising Program

Retrieved on: 
Wednesday, March 13, 2024
Knowledge, Professional, Stratos, Growth, Learning, Jet, Flight management system, Salesforce, Travel, Gold, ARGUS, Safety, Airline

Orlando, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- Stratos Jets , a leading on-demand private jet charter brokerage and franchisor, has unveiled the private air charter industry’s first franchising program.

Key Points: 
  • Orlando, Fla., March 13, 2024 (GLOBE NEWSWIRE) -- Stratos Jets , a leading on-demand private jet charter brokerage and franchisor, has unveiled the private air charter industry’s first franchising program.
  • Franchising with Stratos Jets drastically reduces start-up and operations costs and provides access to capital and backend support, allowing them to focus on their clients and scaling their franchise.
  • Technology: To standardize processes that result in a consistent customer experience, Stratos Jets franchisees are provided access to Stratos Jets' proprietary Flight Management System (Stratos FMS).
  • "The franchising program Stratos Jets offers provides the organizational structure and operational excellence for agents, brokers, and brokerages of all sizes,” said Joel Thomas, President of Stratos Jets.

Stratos Wealth Advisors Welcomes $500 Million Reno Tahoe Wealth Management from RBC

Retrieved on: 
Monday, April 1, 2024
Stratos, Growth, Royal Bank of Canada, Practice management, Financial adviser, Eye, Fidelity, Fidelity Investments, Investment, Management

BEACHWOOD, Ohio, April 1, 2024 /PRNewswire/ -- Stratos Wealth Advisors (Stratos), a part of Stratos Wealth Holdings announced it has successfully recruited a senior team of wealth managers from RBC Wealth Management who will establish the firm's first Northern Nevada office. The team will use Fidelity as its primary custodian. Working with Fidelity Investments provides the team with access to a wide range of products and services that can help serve the needs of their clients.

Key Points: 
  • BEACHWOOD, Ohio, April 1, 2024 /PRNewswire/ -- Stratos Wealth Advisors (Stratos), a part of Stratos Wealth Holdings announced it has successfully recruited a senior team of wealth managers from RBC Wealth Management who will establish the firm's first Northern Nevada office.
  • Peter Bessette, Dan Roberts, Carla Bessette, Erich Brenner, Sonni Schafer and Drew Bessette have created Reno Tahoe Wealth Management, a team that manages approximately $500 million in total client assets.
  • Peter was previously the branch manager for RBC Wealth Management in Reno.
  • "Peter's reputation as a firm leader positions Reno Tahoe Wealth Management for growth in the Northern Nevada region.

Stratos Wealth Holdings Names Brian L. Sullivan As Head of Distribution

Retrieved on: 
Tuesday, March 5, 2024
Putnam Investments, Pressure, Practice management, Stratos, Head, Distribution, Financial adviser

BEACHWOOD, Ohio, March 5, 2024 /PRNewswire/ -- Stratos Wealth Holdings, (Stratos), a family of companies focused on supporting the growth of financial advisors across business models and affiliation structures, today announced the appointment of Brian L. Sullivan as Head of Distribution for Stratos Investment Management. He will help the Stratos' advisors identify and leverage growth opportunities available through Stratos Investment Management.

Key Points: 
  • Experienced Investment Management Leader to Identify Growth Opportunities for Advisors, Stratos Investment Management
    BEACHWOOD, Ohio, March 5, 2024 /PRNewswire/ -- Stratos Wealth Holdings, (Stratos), a family of companies focused on supporting the growth of financial advisors across business models and affiliation structures, today announced the appointment of Brian L. Sullivan as Head of Distribution for Stratos Investment Management.
  • He will help the Stratos' advisors identify and leverage growth opportunities available through Stratos Investment Management.
  • "Brian has decades of experience identifying and executing growth strategies for financial advisors, enhancing practice management and implementing asset management solutions," said Phil Nuttall, Chief Operating Officer of Stratos Wealth Holdings.
  • Sullivan joined Stratos from Putnam Investments where he was most recently the Central Region Director responsible for managing financial advisor relationships in an 18-state region.

Stratos Wealth Partners Welcomes Pettinelli Financial Partners of California

Retrieved on: 
Thursday, February 22, 2024
Alliance Royale, Practice management, Growth, Stratos

BEACHWOOD, Ohio, Feb. 22, 2024 /PRNewswire/ -- Stratos Wealth Partners (Stratos), a part of Stratos Wealth Holdings, today announced it has successfully recruited Pettinelli Financial Partners of Redwood City, California with $700 million in total client assets.

Key Points: 
  • BEACHWOOD, Ohio, Feb. 22, 2024 /PRNewswire/ -- Stratos Wealth Partners (Stratos), a part of Stratos Wealth Holdings, today announced it has successfully recruited Pettinelli Financial Partners of Redwood City, California with $700 million in total client assets.
  • Dennis launched Pettinelli Financial Partners after a long career recruiting, training and developing financial professionals for John Hancock.
  • Stratos will help complete Pettinelli Financial Partners transition its leadership from Dennis to a management team led by Jon.
  • Pettinelli Financial Partners will also engage the services of Stratos Investment Management , formerly Fundamentum, a portfolio management and Registered Investment Advisor that is part of the Stratos Wealth Holdings family of companies.

Stratos Wealth Holdings Names Malcolm Polley Chief Market Strategist of Rebranded Investment Division

Retrieved on: 
Thursday, January 25, 2024
Indiana University of Pennsylvania, Iowa State University, CFA, Business, Chartered, Stratos, Indiana University, Financial adviser

BEACHWOOD, Ohio, Jan. 25, 2024 /PRNewswire/ -- Stratos Wealth Holdings, ("Stratos"), today announced the appointment of Malcolm Polley, CFA, as Chief Market Strategist for the rebranded Stratos Investment Management, formerly known as Fundamentum. Polley will work with all Stratos-affiliated advisors to provide financial market insight and guidance and detailed analysis to enhance the strategic decision making within portfolio and asset allocations for clients across the Stratos family of firms. He will report to Chief Investment Officer John Nichol.

Key Points: 
  • BEACHWOOD, Ohio, Jan. 25, 2024 /PRNewswire/ -- Stratos Wealth Holdings, ("Stratos"), today announced the appointment of Malcolm Polley, CFA, as Chief Market Strategist for the rebranded Stratos Investment Management, formerly known as Fundamentum.
  • Polley brings more than 35 years of investment and financial services industry experience to the Stratos Investment Partners team.
  • "Bringing Malcolm aboard enhances our ability to create and deliver best-in-class services to our advisors, their clients and those using Stratos Investment Management solutions," said Phil Nuttall, Stratos' Chief Operating Officer.
  • Stratos also announced it rebranded Fundamentum as Stratos Investment Management LLC to more closely align the portfolio management and investment support business unit with the overall Stratos brand.

Retail Trading Platform Tradu Selects Crossover as Primary Digital Asset Execution Partner

Retrieved on: 
Thursday, December 14, 2023
Stratos, Jefferies, ECN, Entrepreneurship, Jefferies Financial Group, Cryptocurrency, Tradus, Crossover

LONDON, Dec. 14, 2023 /PRNewswire/ -- Crossover Markets Group, Inc., a digital asset technology firm focused on meeting the unique liquidity requirements of institutions, today announced it has been selected as the primary digital asset execution partner of Tradu, an all-new, multi-asset "super app" for active traders that is launching this month for UK residents and early Q1 2024 for international markets. Tradu is part of Stratos Group International, LLC ("Stratos"), a wholly-owned subsidiary of Jefferies Financial Group Inc. ("Jefferies").

Key Points: 
  • "We are thrilled to respond to client demand for streamlined multi-asset experiences—including digital assets—with the launch of Tradu," said Brendan Callan, CEO of Tradu.
  • We believe that our distribution, coupled with CROSSx's technical prowess, creates one of the most compelling digital asset trading offerings on the market."
  • "Tradu is a bold and disruptive offering that resets the future of online trading for retail clients," said Brandon Mulvihill, Co-Founder and CEO of Crossover.
  • New entrants like Crossover and Tradu are redefining the industry, bringing TradFi best practices to a burgeoning asset class, while providing modern workflows and platforms built for 24x7 trading.