SEI has acquired approximately 81% of Stratos Wealth Holdings in a deal valued at around $441 million, reinforcing its focus on helping financial advisors grow and scale. Stratos will remain under the leadership of Founder and CEO Jeff Concepcion, maintaining its brand while expanding its capabilities through SEI’s technology and asset management resources.

Baron Silver Stevens Financial Advisors LLC has increased its holdings in Visa Inc. by 10.2% over the second quarter, according to a recent SEC filing. The institutional investor added 548 shares of the credit-card processor, bringing its total stake to 5,901 shares.