Carmelito Olaes
Carmelito Olaes is a registered investment advisor at Stratos Wealth Partners, LTD, based in Oberlin, OH, with 30 years of industry experience. Carmelito is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Corporate Executives, and 9 more. Their firm serves 25,391 clients with $19B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Maximum annual advisory fee is 2.0% for advisor-managed non-wrap and SWM accounts. Specific program fees may vary up to 3.0% depending on the chosen platform, custodian, or third-party manager.
Fee Estimator
Location
Oberlin, OH
Get directionsHistory
Regulatory History (1)
Customer Dispute
February 2002Other Business ActivitiesSells Insurance
Carmelito operates his LPL business under the DBA Stratos Wealth Partners, Ltd. He is also a registered investment advisor hybrid with Stratos Wealth Partners, dedicating nearly full-time hours to providing investment advisory services. Carmelito is also a licensed insurance agent and has a real estate license to sell family property at a reduced commission, dedicating minimal time to this activity.
Employment History
Current Registrations
Stratos Wealth Partners, LTD
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
LPL Financial Corporation
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Salomon Smith Barney INC.Broker
State Registrations10 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.