SEI Investments Partners with Stratos Wealth Holdings to Enhance Advisor Capabilities

SEI Investments Company has formed a strategic partnership with Stratos Wealth Holdings to enhance financial advisors' capabilities and growth. Stratos will maintain its leadership and operational model, while SEIC will invest in and provide support in technology, custodial services, operations, and asset management. The average target price for SEIC is $102.80, with an upside of 10.26% from the current price of $93.23.

SEI Investments Co. (SEIC) has announced a strategic partnership with Stratos Wealth Holdings to enhance the capabilities and growth of financial advisors. The partnership will see SEIC make a significant investment in Stratos, a network of over 360 financial advisors across the United States. SEIC will provide support in technology, custodial services, operations, and asset management, while Stratos will continue to operate under its recognized brand and maintain its existing business and client service model [1].

The partnership aims to leverage SEIC's technological prowess and asset management capabilities to bolster Stratos' offerings and enhance the scalability and growth of financial advisory businesses. SEIC will acquire a 57.5% equity stake in Stratos for approximately $527 million, with the transaction subject to regulatory approval and customary closing conditions [1].

The average target price for SEIC is $102.80, with an upside of 10.26% from the current price of $93.23, reflecting investor optimism about the potential benefits of the partnership [2].

References
[1] https://www.seic.com/newsroom/sei-and-stratos-wealth-holdings-announce-strategic-investment-and-business-partnership
[2] https://www.gurufocus.com/news/2987642/sei-investments-co-seic-announces-strategic-partnership-with-stratos-wealth-holdings-seic-stock-news