The Stratos family of companies has been growing through various additions and acquisitions since selling a minority stake in its business to a New York investment firm in 2020.
The private equity-backed, Beachwood-based family of wealth management companies said it is set to buy a 25% stake in Veritas Boston Wealth in its latest strategic investment.
Stratos Wealth Enterprises, which acquired the business from Julius Baer Group, grabs $4 billion in client assets in the Latin American market with the deal.