After AIG presses for new deal, SEI unbundles TAMP offerings
The arrangement between the companies had endured a multi-year "dormancy"
Jim
I think this is a great deal. I think you will see a lot more guys using SEI who just didn’t want to jump through the hoops to get approved. Though, if there is any significant fee hike involved for clients then this may have little impact at all since they can do as well using another TPMM or the firms platform. If they can stay competitve and not shoot it up to 1.4 or 1.5 then it’ll be great. We’ll see.
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Oleg Tishkevich builds instant McKinsey-killer in RIA consulting by offering gigs and equity to six solo stars, but good luck managing egos and economics, says someone who's been there
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