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February 24, 2022

Stratos Wealth Partners boosts holdings in BWM Financial

US-based registered investment adviser (RIA) Stratos Wealth Partners has raised its minority equity stake in San Diego-based BWM Financial as part of a strategic investment in the firm.

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GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
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Stratos, which first invested in BWM in May 2020, raised its holding in the firm to 33% with the latest investment.  

Financial terms of the transaction were not disclosed.

Founded by Jeff Brown, BWM caters to high-net-worth (HNW) clients, including high-performing business professionals and founders.

The firm, which manages $1.5bn in advisory assets under management (AUM), specialises in intentions-driven financial planning.

Last year, it acquired Stratos-affiliated wealth management firm Truuwater Financial in San Diego, expanding its staff headcount to 14.

Commenting on the expanded partnership, Brown said: “Following the strategic investment in 2020, BWM Financial’s partnership with Stratos ultimately shattered all expectations and provided our team not only with the tools and solutions we needed on executive leadership and M&A fronts, but a true partner with shared values and goals.”

Stratos Wealth Holdings COO and Stratos Wealth Enterprises president Lou Camacho said: “After making a strategic investment in BWM Financial two years ago, Stratos is excited to take our exclusive partnership with this exceptional firm to the next level, bringing our stake to 33%.

“This further investment allows us to accelerate growth in a firm that has reported some of the strongest results within our network.”

In September 2020, Investment banker Peter Nesvold’s new merchant bank picked a minority stake in Stratos Wealth Holdings. It followed the Emigrant Partners’ acquisition of a minority stake in the firm in April that year.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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