This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Financial Advisory Team Leaves Morgan Stanley Smith Barney To Join National Network, Stratos Wealth Partners

OGDEN, Utah, June 12, 2012 /PRNewswire/ -- Stratos Wealth Partners announced today the addition of two former Morgan Stanley Smith Barney (NYSE: MS) advisors, Craig P. Adams, CFP and Steve Beierlein to their newly created Utah office. This addition boosts the network of Stratos Wealth Partners to over 125 affiliated advisors managing over $4 billion in client assets under management. The new Ogden office will maintain approximately $250 million in client assets through the transition to an independent business model, enhancing the service experience for their clients in the Intermountain West.

The team has over 70 years of combined experience in the financial services industry and is confident in the positive outcomes that will arise from this move.

"As the investment world changes, it's important for us to broaden our abilities to better serve the financial needs of clients who place their trust in us.  An independent client-centered business model allows us to act as our clients advocate first and foremost," said Craig P. Adams, CFP®, Partner and Wealth Advisor. "We look forward to working with clients and customizing portfolios to fit their needs."

Steve Beierlein, Partner and Branch Manager, is equally excited about helping clients in this new business venture. "Being backed by the nation's leading independent broker-dealer in LPL Financial allows us to focus on our number one priority, the concerns of our clients, without bias or conflict."

Adams and Beierlein maintain a direct partnership with Stratos Wealth Partners, a national network of experienced financial services practitioners affiliated with LPL Financial (Nasdaq: LPLA), the nation's largest independent broker-dealer (as reported by Financial Planning Magazine 1996-2011, in terms of revenue). This affiliation combined with the experience of the team is one that will prove Stratos Wealth Partners as a significant wealth management team in the Intermountain West region.

Bill Morrissey, Executive Vice President of Business Development at LPL Financial, said, "We are delighted that Craig P. Adams and Steve Beierlein have chosen to join forces with Stratos Wealth Partners, one of our leading independent branches. This transition reflects both the flexibility and choice we provide to independent advisors that want to affiliate directly or indirectly with LPL Financial, as well as our continued success in attracting advisory practices from all channels to our platform. We look forward to utilizing our industry-leading resources, scale and services to help drive the ongoing growth of Stratos Wealth Partners."

About Stratos Wealth Partners

Stratos Wealth Partners is an independent wealth management firm offering financial planning services to clients throughout the United States. The Ogden, Utah location was created based on a distinct vision of managing clients' needs with a high degree of care not found with Wall Street firms and specializes in working one on one with clients to achieve their individual goals. The goal of the firm's founders is to build the net worth of their clients and transform client portfolios to generate significant spendable income. Through a relationship with their registered investment advisor, a national network of 125 experienced financial services practitioners affiliated with LPL Financial, Stratos Wealth Partners provides their clients with extensive tools and research relevant to today's markets. Stratos Wealth Partners manages $4 billion in client assets nationwide. For more information, please visit

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,814.93 +2.74 0.02%
S&P 500 2,090.62 +1.48 0.07%
NASDAQ 5,120.3990 +17.5910 0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs