OAKS, Pa., March 30, 2016 – SEI (NASDAQ: SEIC) announced today that SEI Private Wealth Management won in the category of “Innovative Client Solution” at the third annual Family Wealth Report Awards 2016. SEI Private Wealth Management was specifically recognized for its client dashboard, which was developed by SEI with client input, to deliver better transparency and understanding across all client assets.
The dashboard provides the opportunity for clients to monitor progress and easily communicate with wealth managers, increasing overall collaboration, client involvement and efficiency by having all assets, financial records and goal tracking in one place. Because the dashboard reflects all client assets, including third-party assets, it provides investors a comprehensive view of all their financial data, and allows them to track progress against their goals.
“We couldn’t be more proud of this recognition by Family Wealth Report,” said Michael Farrell, Managing Director for SEI Private Wealth Management. “Providing innovative solutions that help our clients achieve their goals is the most important part of our business. So, to be recognized in this category, specifically, is very special to us. The Private Wealth Management team works to deliver a holistic approach to wealth management, providing clients with a comprehensive understanding and view into how their investments are helping progress against well-defined goals. Winning ‘Innovative Client Solution’ underscores our commitment to helping clients succeed.”
best-of-breed providers in the global private banking, wealth management and trusted advisor communities, the Family Wealth Report Awards recognize companies, teams and individuals that have demonstrated innovation and excellence. The awards are judged by an independent panel of advisors, private banking professionals, and other relevant third-party organizations.
About SEI Private Wealth Management
SEI Private Wealth Management helps individuals and families build and execute wealth management strategies based on their unique goals. By leading clients through our proprietary discovery process, SEI helps them identify, articulate and prioritize goals; track financial resources; and organize those resources against their stated goals. SEI tracks clients’ progress towards their goals so they are empowered to make effective and impactful decisions around their wealth. As of December 31, 2015, SEI Private Wealth Management has assets under advisement of $1.40 billion. SEI Private Wealth Management is an umbrella name for various wealth advisory services provided by SEI Investments Management Corporation (SIMC). SIMC is a subsidiary of SEI.
SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of December 31, 2015, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $670 billion in mutual fund and pooled or separately managed assets, including $262 billion in assets under management and $408 billion in client assets under administration.