401kExchange Welcomes SEI
to the Weekly Exchange
IN TODAY'S CURRENT economic crisis, companies are looking to do more with less, which frequently means turning to outsourcing partners. SEI’s Investment Manager Services division provides money managers with administration and accounting back-office infrastructure. By outsourcing these functions, investment managers can focus on the primary drivers of their success: investment performance and investment management. SEI works with money managers in all disciplines, many of which were only available to institutional clients.
Now, SEI is helping these institutional money managers reach out to advisors, especially retirement-focused advisors, to bring them new investment opportunities and provide practice management solutions typically reserved for larger firms SEI’s Sales Team supports independent broker dealers, wire-houses, TAMPs, RIAs, bank trust departments, 401(k) record keepers and trading platforms. To advisors, they offer access to a collection of institutional investment advisors typically unavailable to the retail market via mutual funds covering the full spectrum of asset classes screened by share class, performance, expenses, history, and asset levels. Their internal and external sales force can help advisors find the right fit for their 401(k) clients.
In today’s tough investment market, clients are looking for institutional-quality managers that stick to their knitting. Advisors who continue to promote industry behemoths that seek to be all things to all investors are at risk of losing credibility. According to recent research by 401kExchange, there was a 30% increase in dissatisfaction in fund performance among plan sponsors looking to change record keepers in 2008 as compared to 2007. Bringing the institutional-quality managers available through SEI can help advisors distinguish themselves with prospects looking for undiscovered managers. Having one source for a plethora of quality choices makes SEI all that more attractive for busy retirement advisors.
Services provided by SEI Investments Distribution Co.; SEI Investments Management Corporation; SEI Private Trust Company, a limited purpose thrift; SEI Investments Global Fund Services; SEI Global Services, Inc.; SEI Investments – Global Fund Services Limited; SEI Investments Trustee and Custodial Services (Ireland) Limited; SEI Investments Global (Cayman) Limited; and SEI Investments Global (Bermuda) Ltd., which are wholly owned subsidiaries of SEI Investments Company.
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