On July 18 2025, SEI announced that it entered into an agreement to acquire Stratos Wealth Holdings.
SEI announced, on July 18, 2025, that it entered into an agreement to acquire Stratos Wealth Holdings (“Stratos”). Under the terms of the transaction, SEI will pay $527 million for majority ownership in Stratos, with rights to purchase the remaining equity. Further terms of the deal were not disclosed.
SEI (NASDAQ:SIEC), based in Oaks, Pennsylvania, is provider of financial technology, operations and asset management services. As of December 31, 2024, SEI managed, advised or administered approximately $1.6 trillion in assets.
Stratos, based in Beachwood, Ohio, is a family of companies including registered investment advisors. Stratos provides management consulting, operations, IT, and compliance services to its advisors. Stratos firms have more than $37 million in client assets.
To read the press release: please click here.