SEI-Managed Investment Options Bolster Choice,
Control, and Customization in SMA and UMA Solutions Through
Managed Accounts Program
OAKS,
Pa., Aug. 6, 2024 /PRNewswire/ --
SEI® (NASDAQ: SEIC) today announced a range of
additional investment strategies to its Separately Managed Account
(SMA) and Unified Managed Account (UMA) solutions offered through
the Managed Account Solutions program.1 The additional
strategies were developed in response to feedback from some of the
company's largest strategic clients and include the launch of fixed
income-based direct indexing investment strategies that enhance
SEI's existing lineup of individual bond strategies, as well as
dividend-focused equity options delivered through SEI's SMA
capabilities in direct indexing and factor investing.
Jim Smigiel, Chief Investment
Officer and Head of SEI's Investment Management Unit, said:
"We remain steadfast in delivering solutions rooted in advice,
customization, and stability for our clients. Our internal
capabilities provide access to the entirety of the capital markets
through SEI's direct indexing solutions, factor strategies, and
individual bond portfolio management. Our solutions give advisors
choice in their client recommendations, empowered by SEI's
conviction. SMAs and UMAs provide flexibility and tax-optimization,
and as adoption increases, we continue to deliver optionality."
UMAs have exhibited strong growth rates over the last
half-decade, with assets climbing at an annual rate of 34%, and
strong growth for UMA programs is expected over the next four
years.2 SEI's SMAs, complemented with a differentiated
UMA structure, provide for greater control and personalization.
Designed to help advisors better serve mass-affluent,
high-net-worth, and ultra-high-net-worth investors, the new
strategies include:
- Systematic U.S. Aggregate Bond Core strategy
- Provides exposure to the U.S. aggregate fixed-income market,
while seeking to provide an overall risk-factor exposure that is
similar to that of the benchmark index.
- Systematic Municipal Bond Core strategy -
Provides exposure to the intermediate municipal bond market, while
seeking to provide an overall risk-factor exposure that is similar
to that of the benchmark index.
- Systematic U.S. Dividend Yield Core strategy -
Seeks to provide a return similar to that of a dividend
yield-focused index and consists of U.S. stocks included within the
index that are screened for consistent records of high dividend
payments and the ability to sustain them in the future.
- U.S. Dividend Yield (Multi-Factor SMA) strategy -
Deploys a quantitative-based, active investment process—delivered
through an enhanced dividend yield factor—that seeks to deliver
income without sacrificing long-term capital appreciation through
the purchase of high dividend-paying U.S. large-capitalization
stocks.
Advisors are increasingly integrating direct indexing and factor
investing solutions within custom SMAs to provide greater
personalization and tax control to clients. SMAs offer
individualized strategies run by distinct professional managers,
while UMAs provide a comprehensive investment solution that
combines multiple strategies or investment vehicles within a single
account structure. UMAs also deliver sophisticated tax optimization
that seeks to significantly enhance after-tax returns, and not only
improve client outcomes, but also reinforce an advisor's value
proposition.
Erich Holland, Executive
Managing Director of Client Experience for SEI's Advisor business,
added:
"Our clients are at the heart of everything we do. We've
listened carefully to their feedback and developed these investment
strategies to provide all of our clients with greater control,
transparency, and tax-efficiency. This launch represents a
significant milestone in our ongoing mission to innovate and
enhance our product offerings based on what matters most to our
clients.
"Our goal is to continue to offer better tax-efficient and
cost-effective personalization at scale, so advisors can unlock new
opportunities for growth, navigate complexity with confidence, and
better align their strategies with the new wealth portfolio—driven
by each client's individual needs and objectives."
1 SEI's implementation vehicles include mutual
funds, ETFs, and SMAs offered through SEI Mutual Fund Strategies
and Managed Account Solutions.
2 The Cerulli Report, U.S. Managed Account Report,
2023.
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 June 30, 2024, SEI manages, advises, or
administers approximately $1.5
trillion in assets. For more information, please visit
seic.com.
IMPORTANT INFORMATION:
Information in the U.S. provided by SEI Investments Management
Corporation (SIMC), a federally registered investment advisor and
wholly owned subsidiary of SEI Investments Company (SEI).
Investing involves risk including the potential loss of
principal. There is no guarantee the strategies will achieve their
objectives.
Neither SEI nor its affiliates or subsidiaries provide tax
advice. Please note that (i) any discussion of U.S. tax matters
contained in this communication cannot be used by you for the
purpose of avoiding tax penalties; (ii) this communication was
written to support the promotion or marketing of the matters
addressed herein; and (iii) you should seek advice based on your
particular circumstances from an independent tax advisor.
Company
Contact:
|
Media
Contact:
|
Emily
Baldwin
|
Kerry Mullen
|
SEI
|
Vested
|
+1
610-676-3262
|
+1
917-765-8720
|
ebaldwin@seic.com
|
kerry@fullyvested.com
|
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SOURCE SEI Investments Company