SEI Global Wealth Services Signs Guardian Wealth Management
Guardian Wealth Management Executes Strategic Expansion Using SEI's Global Wealth Platform
LONDON -- (Marketwire) -- 08/09/12 -- SEI (NASDAQ: SEIC) announced today that Guardian Wealth Management (Guardian) is the latest wealth manager to sign on with the company's Global Wealth Services (GWS) offering, enabled by the Global Wealth Platform (GWP). SEI will provide Guardian with a comprehensive end-to-end solution for their entire global book of business.
Guardian Wealth Management, a large, independent financial planning and advice company, offers comprehensive wealth management solutions to clients around the world. The company, which recently announced their plan to move their U.K. office to Cardiff, is developing their U.K. presence, in part due to the impending implementation of the Retail Distribution Review (RDR) at the end of this year.
Guardian Wealth Management has chosen to partner with SEI in an effort to reach their strategic objectives. GWS will provide Guardian Wealth Management with the opportunity to manage their clients and business across a single, global platform structure, creating a unique service proposition.
SEI provides its GWS to a range of firms across the financial-services industry and this announcement follows recent strategic partnerships established with Jupiter, Brewin Dolphin, Broadstone, and Berry.
Ryan Hicke, Managing Director, SEI's Global Wealth Services U.K., said:
"We are excited to have signed Guardian Wealth Management and look forward to providing the firm a non-restricted and truly global solution. SEI's Global Wealth Platform will give Guardian the capability to scale their book of business into a successful international offering."
David Howell, CEO, Guardian Wealth Management, said:
"After a thorough due-diligence process, we decided SEI was the best possible partner. SEI has a strong track record of success supporting wealth managers in delivering flexible, transparent wealth management services. Additionally, SEI's focus on innovation and growth appealed to us. SEI's ability to provide us with a global platform will enable us to reach our growth goals for the future. The platform allows the client and adviser to see real-time valuations on their investments wherever they are in the world."
About SEI's Global Wealth Services
SEI's Global Wealth Services is an outsourcing solution for wealth managers combining wealth processing technology and wealth management programs, coupled with business process expertise. The integrated offering aims to provide wealth management organizations the infrastructure, operations and administrative support necessary to capitalize on their strategic objectives in a constantly shifting market.
At the heart of the solution lies the Global Wealth Platform, which supports trading and transactions on 101 stock exchanges in 46 countries and 33 currencies, all using straight-through processing. For more information, visit www.seic.com/pwi.
About SEI
SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $424 billion in mutual fund and pooled assets or separately managed assets, including $182 billion in assets under management and $242 billion in client assets under administration. For more information, visit http://www.seic.com/enUK/index.htm.
About Guardian Wealth Management
Guardian Wealth Management is a professional financial planning service dealing with international workers and expatriate clients across the UK, mainland Europe, the Middle East and Hong Kong. With a reputation built on reliability and the highest ethical standards, Guardian Wealth Management is devoted to helping its clients create, preserve and pass on their wealth. It is a founder member of the Federation of European IFAs, the trade body representing English-speaking IFAs in Europe.
Company Contact: Dana Grosser SEI +1 610-676-2459 dgrosser@seic.com Media Contact: Simon Hockridge Renny Popoola MHP Communications +44 020 3128 8100 seipb@mhpc.com
Source: SEI
Released August 9, 2012