SEI Continues Momentum with Focus on Growth in RIA Market

About this update from Sei Investments Company

[{"type":"text","content":"Strength of Talent Reinforces Company's Commitment to RIAs\nOAKS, Pa., June 22, 2022 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced its expanded strategic focus on accelerating growth in the registered investment advisor (RIA) market with a full suite of solutions and services, including custody, for RIAs. To lead the efforts for the company's RIA custody business and strategy, SEI hired industry veteran Gabriel Garcia.\nWayne Withrow, Head of SEI's Advisor business said:\n\"Facing the challenges of a rapidly changing financial services landscape, RIAs need choice with support more than ever to drive growth—choice in business model, choice in technology and investments, and choice in the marketplace. Our dedicated RIA team provides a holistic ecosystem of support, and paired with technology and investment flexibility, we provide the value-added services that result in a truly personalized and connected experience for advisors and their clients to make confident decisions about the future.\"\nServing the independent advisor market for more than 30 years, SEI's Advisor business supports approximately $29 billion in independent RIA assets in custody through the SEI Private Trust Company* today. SEI's offering for advisors is centered on service, technology-to-custody integration, relationships, and community, including:\nAn integrated technology and custody platform, providing RIAs the ability to remove technology complexity by consolidating model management, cash management, billing, performance reporting, and more into a single, unified offeringAn open-architecture investments platform for RIAs to manage their own portfolios, choose from SEI's investment solutions, including mutual fund strategies, ETF strategies, separately managed accounts, or a combination of approaches in a unified managed account frameworkBusiness consulting and transition services, plus access to a community of peersSEI Sphere's cybersecurity offering to help advisors grow and protect their businesses for the future, as well as other resources to aid in ongoing regulatory complianceGabriel Garcia recently joined SEI's Advisor business as the Head of RIA Client Experience, Business Development, and Strategy. With more than 20 years' experience in the advisor space, Garcia is focused on helping RIAs develop and grow their practices into enduring firms by...

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