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Under the terms of the agreement, SEI will pay approximately $527 million in cash for 57.5 percent of a newly formed entity that will own Stratos’ operating businesses. The remaining 42.5 ...
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%.
Certain legacy Stratos equity holders will continue to own 42.5%, which is subject to put/call rights that, if fully exercised, will result in SEI owning 100% of the entity.
In other recent news, SEI Investments Company reported its Q1 2025 earnings, exceeding analyst expectations with an earnings per share (EPS) of $1.17, compared to the projected $1.15.
On July 18, SEI Investments announced a 57.5% investment in Stratos Wealth for $527 million in cash. Why it matters: While SEI’s investment advisors segment focuses on providing asset management ...
OAKS, Pa., July 18, 2025 /PRNewswire/ -- SEI ® (NASDAQ:SEIC) and Stratos Wealth Holdings today announced that they have entered into a business partnership, underscored by a shared commitment to ...
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