SEI

The companies, products and regulatory developments shaping the broker industry.

SEI paid $32.5m to end a Stratos stage—more than its nine-month profit

SEI’s contract-exit payment was 3.1 times Stratos’s reported nine-month operating profit and still exceeded a simple pre-amortisation reconstruction.

Published 8 Nov 2026Analysis7 min readEvent 30 Sep 2026