Core Insights - Advisors are actively seeking strategies to refine and future-proof their practices, with 40% considering significant business transitions within the next 18 months [1][4][5] - The financial advisory industry is undergoing profound transformation due to evolving client expectations, technological advancements, and demographic shifts [3][4] Business Transition and Planning - 40% of financial advisors are contemplating selling their practices, merging with other firms, or making key changes in strategic partnerships [1] - Succession and continuity planning are top concerns for advisors, emphasizing the need for structured exit strategies [1][4] Operational Focus - 92% of advisors prioritize expanding their businesses, with 80% identifying business planning as a top priority [8] - 51% of advisors cite operational efficiency as crucial for strengthening their firm's foundation for scalable growth [8] - 43% are investing in people and culture to enhance talent acquisition, retention, and long-term team development [8] SEI's Business Audit Tool - SEI's business audit tool provides personalized insights into business health and areas of opportunity for advisors [2] - The tool helps advisors assess key areas of their businesses and strategically prioritize next steps [3]

Company Participation - SEI will participate in the William Blair 45th Annual Growth Stock Conference in Chicago, IL on June 5, 2025, with a presentation by Sean Denham, Chief Financial and Chief Operating Officer, at 10:20 a.m. ET [1] - Denham and Michael Lane, Executive Vice President and Head of Asset Management, will host one-on-one or small group meetings throughout the day [2] Company Overview - SEI is a leading global provider of financial technology, operations, and asset management services within the financial services industry [3] - As of March 31, 2025, SEI manages, advises, or administers approximately $1.6 trillion in assets [3]

Core Viewpoint - A class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for alleged violations of federal securities laws related to misleading statements made during the acquisition of Mobile Energy Rentals LLC [1] Group 1: Lawsuit Details - The lawsuit claims that Solaris made false and misleading statements regarding the acquisition of Mobile Energy Rentals LLC, which lacked significant corporate experience in mobile turbine leasing [1] - It is alleged that Mobile Energy Rentals did not possess the diversified earnings stream that Solaris promoted to investors [1] - The co-owner of Mobile Energy Rentals is identified as a convicted felon facing fraud allegations in the energy sector, raising concerns about the integrity of the acquisition [1] - Solaris is accused of overstating the commercial prospects from the acquisition and improperly depreciating its turbines to inflate profitability [1]

Industry Overview - The Zacks Oil and Gas - Mechanical and Equipment industry provides essential oilfield equipment, including production machinery, pumps, and drilling appliances, to exploration and production companies, which is closely tied to upstream energy expenditures [3] - The industry is currently facing challenges due to rising oil production that may exceed yearly demand growth, leading to a potential decline in prices and reduced demand for drilling and production equipment [1][4] Future Outlook - The U.S. Energy Information Administration (EIA) projects West Texas Intermediate Spot Average prices to be $61.81 per barrel in 2025 and $55.24 per barrel in 2026, significantly lower than the $76.60 per barrel price for 2024, which is expected to discourage exploration and production activities [4] - Exploration and production companies are becoming more conservative in capital spending, prioritizing capital returns over increased production spending, which is likely to further diminish demand for drilling and production equipment [5] Industry Performance - The Zacks Oil and Gas - Mechanical and Equipment industry has a Zacks Industry Rank of 206, placing it in the bottom 16% of over 250 Zacks industries, indicating gloomy near-term prospects [7][8] - Over the past year, the industry has declined by 3.9%, outperforming the broader Zacks Oil - Energy sector's decline of 4.6% but lagging behind the S&P 500's increase of 10.8% [9] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 5.66X, lower than the S&P 500's 16.39X but higher than the sector's 4.59X [11] - Historically, the industry has traded as high as 43.82X and as low as 1.11X over the past five years, with a median of 10.37X [11] Company Insights - Natural Gas Services Group, Inc. (NGS) is benefiting from increased demand for compression equipment due to higher exports of Liquefied Natural Gas (LNG) [14] - Solaris Energy Infrastructure, Inc. (SEI) has maintained stable activity levels despite lower oil prices, with a 25% increase in system activity in the first quarter [18] - Oil States International, Inc. (OIS) is experiencing growth from international customers, particularly in deep ocean extraction, with new orders exceeding deliveries by 1.5 times in the last quarter [20]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Solaris Energy Infrastructure, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 27, 2025 [1]. Group 1: Class Action Details - Investors who purchased Solaris Energy securities between July 9, 2024, and March 17, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by May 27, 2025, to represent other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]. Group 3: Case Allegations - The lawsuit alleges that Solaris Energy made false and misleading statements regarding Mobile Energy Rentals LLC, including its lack of corporate history and diversified earnings [5]. - It is claimed that Solaris Energy overstated the commercial prospects of the MER acquisition and inflated profitability metrics by failing to properly depreciate its turbines [5]. - The misleading statements led to investor damages when the true details were revealed [5].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Solaris Energy Infrastructure, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on May 27, 2025 [1]. Group 1: Class Action Details - Investors who purchased Solaris Energy securities between July 9, 2024, and March 17, 2025, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3][6]. - The lead plaintiff must file a motion with the Court by May 27, 2025, to represent other class members in the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Solaris Energy made false and misleading statements regarding Mobile Energy Rentals LLC (MER), including its lack of corporate history in mobile turbine leasing and its non-diversified earnings stream [5]. - It is claimed that MER's co-owner has a criminal background associated with turbine-related fraud, which was not disclosed, leading to an overstatement of the commercial prospects from the MER acquisition [5]. - The lawsuit also asserts that Solaris Energy inflated profitability metrics by failing to properly depreciate its turbines, resulting in materially misleading statements about its business and operations [5].

Core Viewpoint - A securities class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for failing to disclose critical information regarding its acquisition of Mobile Energy Rentals LLC, leading to significant stock price decline after the truth was revealed [1][4]. Company Overview - Solaris Energy Infrastructure, Inc. is headquartered in Houston and develops equipment used in the oil and gas industry [2]. Acquisition Details - On July 9, 2024, Solaris announced the acquisition of Mobile Energy Rentals LLC, which was completed on September 11, 2024 [2]. Allegations in the Lawsuit - The lawsuit claims that Solaris failed to disclose that: - Mobile Energy Rentals had minimal experience in mobile turbine leasing [3]. - The company lacked a diversified earnings stream [3]. - One of MER's co-owners was a convicted felon linked to turbine fraud [3]. Impact of the Allegations - On March 17, 2025, a report by Morpheus Research revealed that MER was a small operation with approximately $2.5 million in revenue, no employees, and no turbines, leading to a stock price drop of $4.15, or nearly 17%, closing at $20.46 per share [4].

Group 1 - The Rosen Law Firm is reminding purchasers of Solaris Energy Infrastructure, Inc. securities of the lead plaintiff deadline on May 27, 2025, for a class action lawsuit [1] - Investors who purchased Solaris Energy securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the deadline [3] Group 2 - The lawsuit alleges that Solaris Energy made false and misleading statements regarding its acquisition of Mobile Energy Rentals LLC, including the lack of corporate history and diversified earnings [5] - It is claimed that Solaris Energy inflated profitability metrics and overstated the commercial prospects of the MER acquisition, leading to materially misleading statements about its business and operations [5] - The lawsuit asserts that when the true details were revealed, investors suffered damages as a result of these misleading statements [5] Group 3 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in this area [4] - The firm has recovered hundreds of millions of dollars for investors and was ranked No. 1 for securities class action settlements in 2017 [4] - Founding partner Laurence Rosen has been recognized as a leading figure in the plaintiffs' bar, further establishing the firm's credibility [4]

Core Insights - SEI has announced the expansion of its strategic partnership with TrinityBridge, marking TrinityBridge as the first client in the UK/EMEA to adopt SEI Sphere for unified managed services [1][2] - SEI Sphere aims to modernize enterprise technology and data infrastructure, enhancing security and efficiency in a complex digital landscape [1][7] Company Developments - TrinityBridge is already utilizing SEI Wealth Platform and SEI Data Cloud, and the adoption of SEI Sphere will drive digital innovation and long-term growth [2][6] - The partnership allows TrinityBridge to enhance enterprise visibility and unlock operational value through a unified approach [2][4] Strategic Alignment - TrinityBridge's COO emphasized the need for best-of-breed technologies to provide a modern wealth management experience, highlighting SEI's understanding of their business and cultural alignment [3][5] - The collaboration aims to elevate customer service and protection while meeting evolving regulations and maintaining high data protection standards [4][5] Technology and Services - SEI Sphere provides a structured path to modernization with a suite of cloud, cybersecurity, and network services, addressing the challenges of increasing regulation [7][8] - The platform replaces fragmented IT systems with an integrated solution that enhances operational security, scalability, and collaboration [7][8] Financial Overview - As of March 31, 2025, SEI manages, advises, or administers approximately $1.6 trillion in assets, showcasing its significant presence in the financial services industry [6]

Core Viewpoint - A securities class action lawsuit has been filed against Solaris Energy Infrastructure, Inc. for alleged misrepresentation related to its acquisition of Mobile Energy Rentals LLC, which has raised concerns about the legitimacy of the acquired business and its impact on Solaris' stock price [1][3]. Company Overview - Solaris Energy Infrastructure, Inc. is headquartered in Houston and develops equipment used in the oil and gas industry [2]. - The company announced an agreement to acquire Mobile Energy Rentals LLC on July 9, 2024, and completed the acquisition on September 11, 2024 [2]. Allegations and Impact - A report by Morpheus Research on March 17, 2025, claimed that Mobile Energy Rentals was a small revenue business with no employees and no track record in the mobile turbine rental industry, which led to a significant drop in Solaris' stock price by $4.15, or nearly 17%, closing at $20.46 per share [3]. - The report also revealed that one of the co-owners of MER had a criminal background linked to a major gas turbine scandal involving allegations of bid rigging and corruption [3]. Legal Proceedings - Investors who purchased Solaris securities during the class period from July 9, 2024, to March 17, 2025, have until May 27, 2025, to seek appointment as lead plaintiff in the class action lawsuit [2]. - The lead plaintiff will represent the interests of all class members in the litigation process [4]. Firm Background - Berger Montague PC, the firm advising investors, has been involved in securities class action litigation since 1970 and has represented both individual and institutional investors across the United States [5].