Alston & Bird Represents CAPTRUST in Minority Growth Investment

Alston & Bird represented Stratos Wealth Holdings and its Stratos business, a family of companies focused on supporting the success of financial advisors, in securing a $527 million strategic growth investment from SEI, a global provider of financial technology, operations, and asset management services. The business partnership will enable Ohio-based Stratos to strengthen its national network of over 360 financial advisors and planning practitioners working in more than 26 states.

Alston & Bird represented Modern Wealth Management, a national registered investment advisory (RIA) firm, in its launch with an investment of $200 million from funds managed by Crestview Partners.

Alston & Bird client Beacon Pointe LLC, parent company of Beacon Pointe Advisors LLC, has entered into a definitive agreement with global investment firm KKR under which it will receive an investment to help continue the company’s national expansion through new office openings and acquisitions.

Alston & Bird client CAPTRUST Financial Advisors has secured a 25 percent minority growth investment from GTCR, a leading private equity firm, in a deal that values CAPTRUST at $1.25 billion.

Alston & Bird client Pathstone, a leading registered investment advisory firm, announced a proposed investment by private equity firm Lovell Minnick Partners (LMP).