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Minnesota Firm Adopts SEI Wealth Manager Platform
Sandra Kilhof
17 October 2013
The Minnesota-headquartered wealth manager, platform, with five firms installing the
offering through 2014. Thrivent provides a range of trust and wealth management
services and will bring its 1,500 accounts and more than $600 million in assets
to the platform. By adopting the platform, Thrivent aims to increase
efficiencies and enhance productivity across its middle office; compliance
management; and portfolio management services, said Jesse Ostrom, president and
chief executive at Thrivent Trust Company. The platform currently supports trading and transactions on
104 stock exchanges in 45 countries. Through it, SEI manages $507 billion in
mutual fund and pooled or separately managed assets, including $204 billion in
assets under management and $303 billion in client assets under administration
as of June 30 2013,