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After a decade of unsteady results, SEI Investments is attracting financial advisors again

Wayne Withrow is taking a patient approach to growth that is helping the TAMP to regain trust among advisors

Author Brooke Southall January 19, 2010 at 5:55 AM
3 Comments
no description available
Kevin Crowe: We’re operating on a model that looks like we did 10 years ago.

TAMPs


Rob S

Rob S

January 19, 2010 — 3:09 PM

Nice fluff piece on SEI. Why is there no mention of SEI’s performance? And how many of those 100 or so people constructing the portfolios are actual senior people? There is no mention of their CIO either, why is that?

Mario

Mario

January 20, 2010 — 12:50 AM

True, Rob, there is no mention in the article of “SEI’s performance” or the seniority of the “people constructing portfolios” or “their CIO”.

I also noted no mention of the Super Bowl, the Yankees, Battlestar Gallactica or President Obama.

Since it is quite obviously, you have an axe to grind with SEI, why don’t you just grow some balls and say what you you want to say, rather than gutlessly casting negative aspersions without backing-up your thinly veiled attack with FACTS ????

M

Bill Winterberg

Bill Winterberg

January 20, 2010 — 6:23 AM

The benefits of SEI’s TAMP come with the cost of decreased granular control over portfolios and cumbersome management via fax-based order instructions.

Want dividends to be paid in cash rather than reinvested? Fax a form. Want to set aside a portion of cash in the portfolio so it doesn’t get automatically invested into the TAMP? Fax a form.

Loss harvesting and tax management can be achieved in TAMP account, but it is difficult to implement and advisors must do so on an account-by-account basis (rather than across the advisor’s entire book).

Bill @ <a href="http://fppad.com">FPPad.com</a>


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Mentioned in this article:

Tiburon Strategic Advisors
Consulting Firm
Top Executive: Charles Roame

Russell Investments
TAMP
Top Executive: Jennifer Tice

Envestnet Inc
TAMP
Top Executive: Jud Bergman

SEI Advisor Network
TAMP
Top Executive: Wayne Withrow



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