Leading Philadelphia-Based Wealth Management Team Launches Concentus Wealth Advisors as an Independent Advisory Firm

Posted by:

Multi-Generational Strid Family Has Deep Ties To Community

NEW YORK, NY – February 20th, 2014 – Dynasty Financial Partners today announced its partnership with Concentus Wealth Advisors, the most recent independent investment advisory firm to leverage Dynasty Financial Partners’ industry-leading platform of integrated wealth management services and technology.  The team is joining from Wells Fargo Advisors and was formerly known as Strid Wealth Management Group.

The Concentus Wealth Advisors team consists of the following financial professionals all joining from Well Fargo Advisors:

  • Erik O. Strid, CFP®, ChFC,  – Principal
  • Gerald “Zeke” Strid – Principal
  • Paul F. Strid – Principal
  • Nathan J. Hayward, CFP®, MBA – Director
  • Thomas J. Greco, MBA – Director

“Concentus Wealth Advisors was built around our desire to deliver independent, integrated and comprehensive wealth management advice and planning solutions to the families we serve. Our clients are notable for their expertise at creating and accumulating wealth. They’re dedicated to building businesses, raising families, shaping communities and creating lasting, meaningful legacies,” said Erik Strid, Principal of Concentus Wealth Advisors.  “We built this family business with the mission to help these families manage the complexity and responsibility of their wealth. We are looking forward to significantly growing our business as an independent RIA.”

The company will access Dynasty’s groundbreaking investment platform, which integrates industry-leading proprietary research from Wilshire Associates and Callan Associates and Envestnet’s state-of-the-art portfolio tools and reporting technology.  Charles Schwab will provide clearing and custody services.

“The Concentus Wealth Advisors team consists of extraordinary investment advisors who have built a remarkably successful family-based business with a deep connection to their community.  With their newly launched firm, we expect they will have even greater success,” said Shirl Penney, President and CEO of Dynasty Financial Partners.  “Dynasty is excited to partner with Erik and Paul Strid and their team, and we are proud to add them to our Network of truly independent advisors.”

Biographies

Erik O. Strid, CFP®, ChFC | Principal

With over 20 years of industry experience, Erik guides the overall investment planning and portfolio strategy of our group.  After graduating from Amherst College in 1991, Erik spent a year working with Rittenhouse Capital Management, before joining Gerry in 1992. Erik currently holds his general securities registrations and insurance licenses, as well as CERTIFIED FINANCIAL PLANNER™ and Chartered Financial Consultant designations. He serves on the boards of the Philadelphia Chapter of the Salvation Army, Acting Without Boundaries (serving young people with disabilities) and Rosemont School of the Holy Child.  In addition, he is on the financial advisory board of the Sisters of St. Francis in Media, PA. Erik resides in Bryn Mawr, PA with his wife and three children.

Gerald D. Strid | Principal

Gerry Strid graduated from Villanova University in 1966 and leads our team with over 40 years of experience in the Financial Services industry. Gerry spent the majority of his career as a “Circle of Excellence” Financial Advisor at Merrill Lynch, before leaving to form the Strid Wealth Management Group in 2003.  He has devoted much of his time and energy to support Project H.O.M.E, a non-profit outreach program in Philadelphia. Gerald resides in Villanova, PA with his wife and has five children.

Paul F. Strid | Principal

Paul manages the day-to-day operations of the team.  After graduating with a Finance degree from Georgetown in 1997, Paul spent three years working for Credit Suisse First Boston in New York on their institutional sales desk and then as Director of Global Equities Information Technology. Paul joined the Strid Wealth Management Group in 2003. Paul resides in Berwyn, PA with his wife and four children.

Nathan J. Hayward, CFP®, MBA | Director

Prior to joining the Strid Wealth Management Group in 2008, Nathan worked with the Kessler Baker Wealth Management Group. Nathan graduated from Arcadia University with a Bachelor of Arts degree in Economics & Business Administration and then received his International MBA from Arcadia University in 2009. In addition, Nathan has received his CERTIFIED FINANCIAL PLANNER™ designation. He currently serves on the executive committee for the Arcadia University MBA Alumni Association, is an active finance committee member of the Scleroderma Foundation (Delaware Chapter) and participates with the non-profit organization Yoga Unites as the active Treasurer. A native of Bermuda, Nathan currently resides in Berwyn, PA.

Thomas J. Greco, MBA | Director

Thomas joined Strid Wealth Management in the spring of 2010 with twelve years of experience in the financial services industry. His previous experience was with The Vanguard Group and Turner

Investment Partners.  Thomas graduated Bloomsburg University in 2002 with a B.S. in Finance. He also earned his MBA from St. Joseph’s University with a concentration in Finance.

Thomas resides in Chester Springs, PA with his wife and two children.

About Concentus Wealth Advisors

As a family-based team of independent Registered Investment Advisors, Concentus Wealth Advisors is committed to helping high net worth families achieve their most important financial goals. Our advice goes well beyond the accumulation of assets to address virtually every aspect of their wealth. The detailed and disciplined process we follow with each client results in a personalized wealth management roadmap integrating investment strategy, family governance, estate planning, liability and life insurance solutions, philanthropic endeavors, real estate and more—for both today and tomorrow. Our completely objective and transparent service model allows us to act in a truly advisory and fiduciary capacity for our clients; each solution we present is drawn from the best of Wall Street and is presented entirely in the best interests of the families we serve. In today’s complex financial world, Concentus Wealth Advisors brings welcomed clarity, vision and results to our clients’ financial lives.

About Dynasty Financial Partners

Dynasty Financial Partners develops, sources and integrates the finest wealth management capabilities for the industry’s leading independent investment advisor teams.  Dynasty offers a customized open-architecture platform of wealth management solutions and technology to help independent advisors protect and grow their clients’ wealth.  Dynasty’s core principle is “objectivity without compromise,” and the firm is committed to crafting solutions that allow investment advisors to act as true fiduciaries to their clients.  For more information, please visit www.dynastyfinancialpartners.com.

 Media Contact

 

sallycates@dynastyfinancialpartners.com

 

212-373-1000

 

0

About the Author:

Concentus Wealth Advisors

%d bloggers like this: