The UK wealth manager Bestinvest has chosen the SEI global wealth services offering to consolidate assets onto one common infrastructure.

Bestinvest hopes this strategic partnership will allow it to enhance client experience, establish a foundation for future growth and offer clients access to a broader range of wealth management services.

The core of SEI's offering is its global wealth platform, which will allow Bestinvest to manage its advisory, discretionary and execution-only businesses with straight-through processing via a single, integrated platform. 

“The signing of a high-profile strategic partner such as Bestinvest highlights the continued success of SEI’s global wealth services as a core infrastructure proposition in the UK market,” said SEI global wealth services executive vice president Joseph Ujobai.

With assets under management of around £4 billion (about $6.4 billion), Bestinvest is one of the largest wealth managers in the UK.