DLP Capital, a private real estate investment and financial services firm based in St. Augustine, Florida, has hired Nick Stonestreet as its new president of financial services.
In his new role, Stonestreet will lead the funds team in broadening the scope and accessibility of DLP Capital’s funds. Additionally, he will spearhead banking and financial services strategies to enhance the firm’s offerings and client experiences.
Before joining DLP Capital, Stonestreet was the CEO, chief investment officer, and senior partner of Blue Trust. Earlier in his career, he was CEO of Vident Financial, regional head of private wealth management at Regions Financial, and CEO of Merrill Banc Suisse. He earned a B.S. in biology from Winthrop University and a Master of international business studies degree from the University of South Carolina.
“Nick’s vast experience and proven track record in the financial services industry make him an invaluable addition to our team. His strategic vision and leadership abilities will be key to achieving our ambitious goals,” said Don Wenner, founder and CEO of DLP Capital.