DLP Capital, a private real estate investment and financial services firm, announced Nick Stonestreet as its new President of Financial Services. With over 30 years of experience in the financial services industry, Stonestreet brings a wealth of knowledge and enhanced service delivery.
Before joining DLP Capital, Stonestreet was the CEO, chief investment officer, and senior partner of Blue Trust, where he played a pivotal role in developing strategic initiatives and overseeing the management of the organization and its divisions. His prior roles also include founding and serving as CEO of Vident Financial, Regional Head of Private Wealth Management at Regions Financial, and holding various leadership positions at Merrill Lynch, including CEO of Merrill Banc Suisse, among others. Stonestreet began his distinguished career at Sun Trust Bank, setting a solid foundation for his trajectory in the financial services sector.
“I am thrilled to join DLP Capital and work alongside Don Wenner and the dynamic team here,” commented Stonestreet. “The mission and values of DLP Capital resonate deeply with my professional ethos and personal goals. I am eager to leverage my experience and help drive growth and success.”
At DLP Capital, Stonestreet will focus on working with the Funds Team to broaden 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.
Don Wenner, founder and CEO of DLP Capital, expressed his enthusiasm about Stonestreet’s appointment, stating, “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.”
Nick Stonestreet earned a B.S. in Biology from Winthrop University and a Master’s degree in International Business Studies from the University of South Carolina.
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