SEI Enhances Client Experiences Through Tailored Wealth Management Solutions

SEI Drives Momentum in Wealth Management Markets

As the landscape of financial services evolves, driven by digital advancements and operational efficiencies, SEI Investments Company is poised at the forefront of change. Notably, this global leader in financial technology and services has witnessed significant growth in the wealth management sector, specifically aiding organizations in their adaptation and strategic evolution.

Recent data highlights SEI's operational successes over the first nine months of 2025. The company's global Private Banking division notably executed 13 client implementation projects and successfully renewed contracts with 12 clients utilizing the SEI Wealth PlatformSM (SWP). Alongside these efforts, SEI embarked on 21 new professional services engagements, launching 14 distinct initiatives across 13 diverse firms. This acceleration underscores the increasing demand for premium end-to-end wealth management experiences.

However, the journey of digital transformation is not without hurdles. According to research from McKinsey, a staggering 70% of digital initiatives in banking fail to achieve their objectives, typically due to inadequate planning, misalignment among leaders, or insufficient change management mechanisms. In response, SEI's Project Management Office (PMO) and Professional Services teams have emerged as vital resources. Their expertise focuses on integrating technology, operational enhancements, and adept change management tailored to meet specific client needs.

Since 2020, the PMO team has facilitated over 80 enterprise-scale digital transformation projects globally. The range of initiatives includes new client implementations onto the SWP, transitions from legacy platforms, and the onboarding of acquired accounts stemming from mergers. The multiple implementations this year highlight SEI’s capability to manage concurrent projects effectively—often completing several over single weekends.

One of the standout implementations in 2025 involved Clermont Trust USA, an independent trustee servicing high-net-worth families worldwide. Clermont benefited from an optimized SWP configuration designed for smaller banks and trust companies managing assets below $1 billion. This model empowers local institutions to leverage SEI’s extensive trustee and wealth management solutions efficiently.

In a similar vein, Alerus—a national provider of banking, wealth services, and retirement plans—transitioned approximately 19,800 accounts, amounting to $41.5 billion in assets, to the SEI Wealth Platform. This comprehensive migration utilized SWP's suite, including performance analytics, compliance services, and personalized account access, enhancing the overall experience for Alerus clients.

Jim Collins, Chief Revenue Officer of Alerus, praised the collaboration with SEI, stating, “We are dedicated to guiding our clients toward long-term financial wellness. Offering a personalized wealth management experience is essential for connecting our clients to their financial objectives.”

Furthermore, Sanjay Sharma, CEO of SEI International and head of the Private Banking division, emphasized the transformation journey for wealth management firms. He asserts, “Modernization demands profound organizational change, strategic planning, and robust partnerships. SEI’s historical commitment to client success spans 57 years, exemplifying our ability to adapt our implementation models based on real-world experiences.”

This strategic focus positions SEI uniquely at the intersection of technology, operations, and asset management—equipping clients to anticipate and adeptly navigate market changes. They manage, advise, and oversee approximately $1.8 trillion in assets, reflecting their pivotal role in this evolving landscape. As they continue to tackle subsequent implementation challenges, SEI's solutions are set to redefine the future of wealth management, empowering organizations worldwide to achieve their strategic ambitions.