Power of Expertise Reinforces Firm’s Dedication to RIAs
OAKS, Pa., June 22, 2022 /PRNewswire/ — SEI® (NASDAQ: SEIC) right this moment introduced its expanded strategic deal with accelerating development within the registered funding advisor (RIA) market with a full suite of options and providers, together with custody, for RIAs. To guide the efforts for the corporate’s RIA custody enterprise and technique, SEI employed trade veteran Gabriel Garcia.
Wayne Withrow, Head of SEI’s Advisor enterprise stated:
“Dealing with the challenges of a quickly altering monetary providers panorama, RIAs want alternative with help greater than ever to drive development—alternative in enterprise mannequin, alternative in know-how and investments, and selection within the market. Our devoted RIA workforce offers a holistic ecosystem of help, and paired with know-how and funding flexibility, we offer the value-added providers that lead to a really customized and related expertise for advisors and their shoppers to make assured choices concerning the future.”
Serving the impartial advisor marketplace for greater than 30 years, SEI’s Advisor enterprise helps roughly $29 billion in impartial RIA belongings in custody by means of the SEI Non-public Belief Firm* right this moment. SEI’s providing for advisors is centered on service, technology-to-custody integration, relationships, and group, together with:
- An built-in know-how and custody platform, offering RIAs the power to take away know-how complexity by consolidating mannequin administration, money administration, billing, efficiency reporting, and extra right into a single, unified providing
- An open-architecture investments platform for RIAs to handle their very own portfolios, select from SEI’s funding options, together with mutual fund methods, ETF methods, individually managed accounts, or a mix of approaches in a unified managed account framework
- Enterprise consulting and transition providers, plus entry to a group of friends
- SEI Sphere’s cybersecurity providing to assist advisors develop and shield their companies for the longer term, in addition to different sources to assist in ongoing regulatory compliance
Gabriel Garcia just lately joined SEI’s Advisor enterprise because the Head of RIA Shopper Expertise, Enterprise Growth, and Technique. With greater than 20 years’ expertise within the advisor area, Garcia is targeted on serving to RIAs develop and develop their practices into enduring companies by designing, growing, and iterating a world-class platform centered on service, know-how, and options that meet the RIA group’s wants. Previous to becoming a member of SEI, he held management positions at Charles Schwab & Co., BNY Mellon | Pershing, and E*TRADE Advisor Companies. Garcia was additionally Head of Company Growth for Cresset Capital.
“We meet our shoppers the place they’re, understanding that impartial recommendation has the ability to assist particular person buyers obtain and maintain monetary freedom. From built-in know-how and funding flexibility to custody and enterprise providers, we assist advisors energy wealth, construct group, and shield futures—all in a whole expertise. We’re excited to accomplice with our shoppers to know their distinctive wants and finally be the vacation spot of alternative to assist them scale their companies and develop.”
*As of March 31, 2022
SEI (NASDAQ:SEIC) delivers know-how and funding options that join the monetary providers trade. With capabilities throughout funding processing, operations, and asset administration, SEI works with companies, monetary establishments and professionals, and ultra-high-net-worth households to unravel issues, handle change and assist shield belongings—for development right this moment and sooner or later. As of March 31, 2022, SEI manages, advises, or administers roughly $1.3 trillion in belongings. For extra data, go to seic.com.
SEI Funding Options offered by SEI Investments Administration Company, a registered funding advisor. Custody providers offered by SEI Non-public Belief Firm (SPTC), a federally chartered restricted objective financial savings affiliation. SIMC and SPTC are wholly owned subsidiaries of SEI Investments Firm (SEI).