SEI Investments Co. (NASDAQ:SEIC), a large financial services and wealth management business with headquarters in Oaks, ...

SEI® (NASDAQ: SEIC) has announced a strategic partnership and investment in Stratos Wealth Holdings, a move aimed at expanding its footprint in the independent financial advisor space.

SEI is buying a majority stake in Stratos Wealth Holdings, a multifaceted financial services firm that includes a large ...

SEI will pay for the stake with about $527 million in cash, it said, while legacy equity holders in Stratos will own the outstanding 42.5%. That stake “is subject to put/call rights that, if fully ...

The transaction will see SEI effectively own 57.5% of Stratos' operating businesses as previous backer Emigrant Partners exits its position.

SEI Investments has agreed to take a majority stake in Stratos Wealth Holdings, a family of companies that supports a network of independent financial advisers, for about $527 million in cash.

SEI® (NASDAQ:SEIC) and Stratos Wealth Holdings today announced that they have entered into a business partnership, underscored by a shared commitment to helping advisors scale and grow their ...

NTV Asset Management cut its JPMorgan Chase stake by 7% in Q1, offloading over 2,300 shares worth roughly $7.6 million. The ...

Stratos Wealth Advisors increased its holdings in Danaher by 13.1% during the first quarter, showcasing bullish confidence ...

Stratos Wealth Holdings, ("Stratos"), announced that its three affiliated companies, Stratos Wealth Partners, Stratos Wealth Advisors and Stratos Wealth Management recruited a combined $3.5 ...

Stratos Wealth Partners LTD. lifted its stake in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 14.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned ...

Stratos Wealth Advisors LLC raised its holdings in Cintas Co. (NASDAQ:CTAS – Free Report) by 363.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange ...