SEI Unveils New SMA and UMA Strategies to Enhance Advisors

SEI Expands Managed Account Solutions for Advisors

In a significant move to enhance advisory services, SEI (NASDAQ: SEIC) has launched a new array of separately managed account (SMA) strategies. This initiative aims to increase flexibility for financial advisors by offering distinctive equity and fixed income solutions enriched with both SEI-managed and third-party investment strategies.

New Investment Options for Enhanced Flexibility

With these new offerings, SEI is collaborating with esteemed global investment firms, including AllianceBernstein, Loomis Sayles, and Parametric Portfolio Associates. These partnerships promise a diversified selection of investment options that cater to the unique needs of advisors and their clients.

Expert Insights from SEI's Leadership

Jim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, emphasized the importance of these new strategies for advisors. He stated, "By integrating in-house expertise with top-tier investment managers, we provide a unique blend of innovation and personalized investment solutions. Our aim is to equip advisors with the necessary tools to foster long-term financial success for their clients."

Market Growth of SMA and UMA Products

The latest data shows that separately managed accounts are experiencing remarkable growth, boasting an increase of 24.4% over the past year. This growth trend highlights their appeal among affluent investors seeking tailored investment solutions. The expansion also includes unified managed accounts (UMAs), which combine multiple investment strategies into a single account structure, enhancing the overall client experience.

Strategic Additions to the Offerings

Among the exciting listings in the new SMA lineup are:

• AllianceBernstein (AB): The AB Tax Aware Fixed Income and AB Tax Aware Limited Duration strategies enhance the existing AB Municipal Income Portfolio.
• Loomis Sayles: This includes the Core Plus Fixed Income Managed Account, offering a broader spectrum across both equity and fixed income categories.
• Parametric Portfolio Associates: Their Custom Core Global ex-U.S. ADR strategy adds depth to Parametric's existing Custom Core Equity solutions.
• SEI Investment Management Corporation: The addition of strategies like Systematic Global Dividend Yield Core and Systematic International Equity Core aims to deliver targeted risk-factor exposure.

Personalized Wealth Management Solutions

As the demand for personalized wealth management increases, advisors are turning to custom SMAs for their ability to cater individually to clients. These accounts allow for greater personalization and enhanced tax control. By offering specialized strategies run by dedicated managers, SMAs are proving to be a valuable resource for clients.

Focusing on Client Needs and Advisor Success

Erich Holland, Head of Client Experience for SEI's Advisor business, articulated SEI's commitment to advisors. He noted, "Our new SMA and UMA strategies highlight our dedication to improving the advisor experience. By aligning our offerings with the complexities of modern wealth management, we help advisors optimize portfolio management and meet their clients’ financial objectives."

In conclusion, SEI continues to innovate in the managed account space, ensuring that financial advisors have access to the latest investment strategies tailored to diverse client needs. As investment landscapes evolve, SEI remains a trusted partner for advisors aiming to deliver robust financial solutions.

Frequently Asked Questions

What are the new strategies offered by SEI?

SEI has introduced new SMA strategies in collaboration with leading investment firms like AllianceBernstein and Loomis Sayles, focusing on both equity and fixed income solutions.

How have SMAs performed recently?

SMAs have shown a significant growth rate of 24.4%, reflecting their increasing popularity among investors seeking personalized investment options.

What is the difference between SMA and UMA?

SMA refers to separately managed accounts that provide tailored strategies, while UMA combines multiple investment strategies into one account for comprehensive management.

Who can benefit from SEI’s new offerings?

High-net-worth and ultra-high-net-worth investors, as well as advisors looking for flexible, innovative solutions, can benefit significantly from SEI's new strategies.

How can advisors leverage these new strategies?

Advisors can use the new SMA and UMA solutions to create personalized investment plans for their clients, enhancing their ability to meet specific financial goals.

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