OAKS, Pa., Jan. 5, 2022 /PRNewswire/ -- SEI®
(NASDAQ:SEIC) today announced the launch of Digital Account Open
and Digital Model Management, two key technology enhancements
available to independent advisors through the SEI Wealth
PlatformSM.
Digital Account Open simplifies opening a new client
account, expanding SEI's current electronic onboarding and
eSignature process with an end-to-end, easy-to-use new tool. The
technology is built to eliminate the traditional paper-based
process and enables advisors to open client accounts entirely
digitally. Features include:
- An intuitive, step-by-step workflow to guide the input
process
- Adaptable onboarding, from launch to collecting an eSignature,
and the ability to pause and save progress or assign responsibility
to other authorized team members
- An integrated process to catch input mistakes and help avoid
"not in good order" submissions
- A cohesive dashboard with pending accounts, work in progress,
and relevant status and dollar values
Digital Model Management provides a
fully-digital way for advisors to deploy and interact with client
portfolios, all in a unified managed account framework. The
cloud-native application allows advisors to personalize client
portfolios in accordance with their financial goals, risk
tolerance, tax and fee preferences, and more. Features include:
- An easy-to-navigate dashboard for creating and adjusting
investment models across all types of investment strategies,
including mutual funds, ETFs, and separately managed accounts
(SMAs)*
- Smart workflows with an intuitive setup that follows the
relevant steps for each investment change
- A digital interface featuring an all-in-one overview of any
investment change's impact on cost, risk, asset allocation,
rebalancing settings, and tax needs
Erich Holland, Executive
Managing Director of Client Engagement for SEI's advisor business,
said:
"We are excited to continue our cloud transformation and enhance
our technology platform with two cutting-edge tools that streamline
how independent advisors deliver wealth management advice to their
clients. These fully-digital, integrated solutions simplify and
expedite the account open process and power customized portfolio
implementation. With them, advisors will be better positioned to
differentiate their practices through a personalized, goals-driven
wealth management approach that works to build brave futures for
the individuals and families they serve."
*ETFs and SMAs offered through SEI Managed Account Solutions
About SEI®
SEI (NASDAQ:SEIC) delivers technology and investment solutions
that connect the financial services industry. With capabilities
across investment processing, operations, and asset management, SEI
works with corporations, financial institutions and professionals,
and ultra-high-net-worth families to solve problems, manage change
and help protect assets—for growth today and in the future. As of
Sept. 30, 2021, SEI manages, advises,
or administers approximately $1.3
trillion in assets. For more information, visit
seic.com.
Company
Contact:
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Media
Contact:
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Netanel
Spero
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Kerry
Mullen
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SEI
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Vested
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+1
610-676-4556
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+1 917-765-8720
x1029
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nspero@seic.com
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kerry@fullyvested.com
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SOURCE SEI Investments Company