On the Record · SEI Investments
SEI Investments acquisitions, on the record
The businesses SEI Investments bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
National Pensions TrustWord for word“We acquired Atlas Master Trust from Capita in 2021 and National Pensions Trust from its parent company XPS Pensions Group in 2023 to expand our competitive presence in the United Kingdom’s growing market for institutional investor services.” 10-K for 2023 | acquisition | In 2023 | — |
XPS Pensions (Nexus) LimitedWord for word“On November 20, 2023, our wholly-owned operating subsidiary in the United Kingdom closed the acquisition of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust.” 10-K for 2023 | acquisition | On November 20, 2023 | — |
AltigoWord for word“On December 20, 2023, we acquired Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments, for a cash consideration of $12.5 million (See Note 15 to the Notes to Consolidated Financial Statements).” 10-K for 2023 | acquisition | On December 20, 2023 | for a cash consideration of $12.5 million |
Atlas Master TrustWord for word“We acquired Atlas Master Trust from Capita in 2021 and National Pensions Trust from its parent company XPS Pensions Group in 2023 to expand our competitive presence in the United Kingdom’s growing market for institutional investor services.” 10-K for 2023 | acquisition | 2021 | — |
Finomial CorporationWord for word“In 2021, we acquired Finomial Corporation and Novus Partners.” 10-K for 2023 | acquisition | In 2021 | — |
Novus PartnersWord for word“In 2021, we acquired Finomial Corporation and Novus Partners.” 10-K for 2023 | acquisition | In 2021 | — |
Huntington SteeleWord for word“In July 2023, we exercised the option to settle the contingent consideration related to the acquisition of Huntington Steele and made final payments totaling $8.0 million to the sellers.” 10-K for 2023 | acquisition | — | final payments totaling $8.0 million to the sellers |
LifeYield, LLC (LifeYield), a Boston-based, tax-smart technology firmWord for word“In December 2024, SEI acquired LifeYield, LLC (LifeYield), a Boston-based, tax-smart technology firm for a cash consideration of $29.0 million (See Note 15 to the Notes to Consolidated Financial Statements).” 10-K for 2024 | acquisition | In December 2024 | $29.0 million |
a condominium located in New York, New YorkWord for word“In July 2024, SEI sold a condominium located in New York, New York and recognized a net pre-tax gain of $8.2 million after associated costs and expenses.” 10-K for 2024 | divestiture | In July 2024 | net pre-tax gain of $8.2 million |
XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions TrustWord for word“On November 20, 2023, our wholly-owned operating subsidiary in the United Kingdom closed the acquisition of XPS Pensions (Nexus) Limited, principal employer and scheme funder of the National Pensions Trust.” 10-K for 2024 | acquisition | On November 20, 2023 | — |
Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investmentsWord for word“On December 20, 2023, we acquired Altigo, a cloud-based technology platform that provides inventory, e-subscription, and reporting capabilities for alternative investments, for a cash consideration of $12.5 million (See Note 16 to the Notes to Consolidated Financial Statements).” 10-K for 2024 | acquisition | On December 20, 2023 | $12.5 million |
Stratos Wealth HoldingsWord for word“In 2025, we agreed to acquire a 57.5% majority stake in Stratos Wealth Holdings, a U.S.-based wealth management firm, for approximately $544.0 million.” 10-K for 2025 | agreed acquisition | In 2025 | approximately $544.0 million |
Stratos businessWord for word“In December 2025, SEI completed the first stage of our strategic investment in the Stratos business (Stratos), a network of affiliated companies focused on supporting the success of financial advisors for a cash consideration of $440.8 million.” 10-K for 2025 | acquisition | In December 2025 | $440.8 million |
Family Office Services businessWord for word“We completed the sale on June 30, 2025 and recognized a gain of $94.4 million, net of transaction costs and certain other purchase price adjustments.” 10-K for 2025 | divestiture | June 30, 2025 | gain of $94.4 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | — | — |
| 2017-12-31 | $80.2 million | — | $53 million |
| 2018-12-31 | $5.8 million | — | $11.5 million |
| 2019-12-31 | $0 | — | — |
| 2020-12-31 | $0 | — | — |
| 2021-12-31 | $80.2 million | — | — |
| 2022-12-31 | $0 | — | — |
| 2023-12-31 | $56.4 million | $0 | $21.5 million |
| 2024-12-31 | $29 million | $0 | $33.1 million |
| 2025-12-31 | $302 million | $116 million | $186.5 million |
Deal filings since 2016
- 2025-08-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-04-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from SEI Investments’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.