Technology

Premier Asset Management Chooses SEI Global Wealth Services

Devina Shah 5 May 2011

Premier Asset Management Chooses SEI Global Wealth Services

UK firm Premier Asset Management has chosen SEI Global Wealth Services as the tool through which to provide investment processing services.

The asset manager’s partnership with the financial services technology giant aims to enable the company to strengthen its private client business proposition. The service also aims to benefit Premier’s IFA partners and their clients from a bolstered discretionary fund management service and better access to information via online portfolio valuation tools, the firm said in a statement.

“We selected SEI’s team because of their years of experience in wealth processing and ability to support our aggressive growth plans. Their solution will deliver a tool-set that allows us to focus on managing assets and servicing advisors, whilst capitalising on our market positioning and distribution infrastructure,” said Mark Friend, managing director of operations at Premier, as rational behind the choice.

Premier Asset Management has assets under management of over £2.5 billion ($4.1 billion) and provides bespoke discretionary management services for private clients and IFAs.

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