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Pinnacle Trust Goes Live On SEI's Wealth Management Platform
Pinnacle Trust has opted for SEI's wealth management platform, as the Jackson, MS-based firm looks to "aggressively" expand its business.
SEI's Wealth Platform will provide Pinnacle Trust with a single-infrastructure solution, integrating wealth processing and wealth management. SEI said the platform supports trading and transactions on 104 stock exchanges in 45 countries and 33 currencies.
Pinnacle Trust offers financial solutions in three primary business areas: wealth management, financial planning and trust services.
"Over the next few years we want to aggressively grow our business by both adding new advisors and building client assets," said Jeremy Nelson, chief investment officer at Pinnacle Trust. "The platform will enable our success by supporting our new business development initiatives and we're confident this will appeal to advisors and help attract and retain talent while providing a truly differentiated client experience."
Pinnacle Trust has nearly 900 accounts and will have over $400 million in assets on the platform.