UMB Private Wealth Management live on the SEI Wealth platform

0

Partnership and connection at the heart of organizational transformation and future growth

OAKS, Penn., March 21, 2022 /PRNewswire/ — UTE® (NASDAQ:SEIC) today announced that UMB Private Wealth Management (UMB) is live on the SEI Wealth platformSM (SWP), providing UMB clients and employees with a modernized wealth management experience through a fully integrated, single-infrastructure technology solution.

UMB chose SWP to manage its back-office operations and for its full range of front-office services, including client-facing tools, proposal generation, portfolio management, client portal and reporting , and the mobile app. To facilitate seamless implementation, SEI also guided UMB through its proprietary organizational change management program. Throughout the process, UMB and SEI partnered and performed in a remote environment despite the challenges presented by the pandemic.

Albert ChiaradonnaHead of SEI Wealth Platform, North America Private Banking at SEI said:

“In the face of evolving consumer pressure for an on-demand digital wealth management experience and an evolving talent landscape, people are at the center of business transformation. Working together to solve problems, manage change and make decisions with confidence helps position wealth management organizations for the future. We are excited to support UMB’s transformation and continue to nurture the relationships that help them build brighter futures for their employees, customers and communities. »

Nikki NewtonPresident of Private Wealth Management at UMB, said:

“SEI understands the importance of focusing on the human side of change, and we are thrilled to partner with them on our business transformation journey. From organizational design support to communications planning to post-implementation support, SEI has been with us every step of the way. The SEI Wealth Management Platform provides us with a powerful technology infrastructure that will help us grow our business and deliver the wealth management experience that our clients and our employees expect in a rapidly changing world.

This news was previously announced during SEI’s fourth quarter 2021 earnings call.

About the SEI Wealth Management PlatformSM
The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers comprising wealth processing services and wealth management programs, combined with business process expertise. With the platform, SEI provides wealth management organizations with the infrastructure, operations and administrative support needed to capitalize on their strategic objectives in an ever-changing marketplace. The SEI Wealth platform supports trading and trading on 129 exchanges in 42 countries and 43 currencies, through the use of straight-through processing and a single operating infrastructure environment. For more information visit: seic.com/wealthplatform.

About SEI®
SEI (NASDAQ: SEIC) provides technology and investment solutions that connect the financial services industry. With capabilities in investment processing, operations and asset management, SEI works with corporations, financial institutions and professionals, as well as ultra-high net worth families, to solve problems, manage change and help protect assets, for today’s and tomorrow’s growth. From December 31, 2021SEI manages, advises or administers approximately $1.3 trillion in assets. For more information, visit seic.com.

About UMB:
UMB Financial Corporation (Nasdaq: UMBF) is a financial services company based in Kansas City, Missouri. UMB offers commercial banking, which includes comprehensive deposit, lending and investment services, personal banking, which includes wealth management and financial planning services, and institutional banking, which includes asset servicing, corporate trust solutions, investment banking and healthcare services. The UMB operates branches across Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas. For more information, visit UMB.com, UMB Blog, UMB Facebook and LinkedInor follow us on Twitter at @UMBBank.

Company Contact:

Media Contact:

Netanel Spero

Kristina Pereira Tully

UTE

Acquired

+1 610-676-4556

(917) 765-8720 x1029

[email protected]

[email protected]

SOURCE SEI Investment Company

Share.

About Author

Comments are closed.