The National Lumber and Building Material Dealers Association (NLBMDA) announced today that Stratus Wealth Advisors is the newest member of the association’s Manufacturers and Services Council (MSC).
The council is composed of the leading building material manufacturers and service providers serving the LBM industry.
NLBMDA’s MSC members are established industry leaders who supply products and services to lumber and building material dealers across the nation. The dedicated members of the council share a commitment to promoting and enhancing the success of independent dealers.
The Stratus Wealth Advisors family of companies, including Stratus Valuation, Stratus Legacy Planning, and Stratus Capital Management (a fee-only, registered investment advisory firm), is based in Kensington, Md.
The firm specializes in serving independent business owners in specific industries, including LBM dealers, as well as their families. Stratus offers a combination of business valuation, succession planning, financial planning, and asset management services that empowers clients to run more profitable and rewarding companies.
“We are very excited to be joining NLBMDA’s Manufacturers and Services Council (MSC),” said Sam Brownell, founder of Stratus Wealth Advisors. “Although the current business environment can be challenging, we believe that LBM Dealers have numerous opportunities to enact strategies to make their businesses more profitable, more fun to run, and more valuable when the owner decides to exit. We look forward to working with dealers throughout the country, as well as our peers on the MSC, to make sure that LBM dealers remain vibrant forces in their communities.”
Brownell and Stratus Wealth will be one of the lead presenters at HBSDealer’s LBM Finance & Development Week, scheduled for Jan. 25 - Jan. 27.