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0 0 0 -8.40830740772313E-05 0.00109307996300341 -0.00327923988901035 -0.00235432607416128 8.40830740772313E-05
Stock impact report

Aquiline to buy SEI's Family Office Services business for $120m [Yahoo! Finance]

Brown & Brown, Inc. (BRO) 
Last brown & brown, inc. earnings: 4/27 05:00 pm Check Earnings Report
US:NYSE Investor Relations: brown.edu
Company Research Source: Yahoo! Finance
The acquired business, with $723bn in assets as of 31 December 2024, provides technology and outsourced services. These integrate accounting, investment management and reporting functions for family offices as well as financial intermediaries via the Archway Platform. The Archway Platform is said to offer “advanced” financial reporting for ultra-high-net-worth families. The acquired business will operate as Archway, with its staff from SEI's offices in Indianapolis, Denver, and Oaks set to join Aquiline. The core leadership team will also move to the newly formed Archway. SEI Family Office Services business head Sandy Ewing said: “As part of SEI's broader growth strategy, we're committed to investing in the areas of our business where we believe we can Read more
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