Waverton Investment Management will adopt the SEI Wealth Platform, a fully-integrated, single-infrastructure technology and operational outsourcing solution.
SEI was chosen following a comprehensive selection process involving several providers. The partnership will assist Waverton in achieving its goal of establishing an efficient platform to aid with future growth plans.
In addition, there are no planned redundancies as a result of the partnership. A number of Waverton employees will join SEI as part of the Wealth Platform operations team.
Nick Tucker, CEO of Waverton, said: “I am delighted to have signed an agreement to adopt the SEI Wealth Platform as part of our strategy for growth, efficiency and maintaining high service levels for our clients. After a thorough selection process, SEI stood out due to their engagement, willingness to adapt, and significant investment in technology. Cultural alignment was a key part of our selection criteria, and it is clear to us that SEI understands our business and our culture and is focused on truly partnering with us to achieve our growth aspirations. We are committed to working closely with SEI to ensure the positive transition of our colleagues to the SEI team, which is a critical success factor for this project. We look forward to benefiting as a business from the access to SEI’s wider community of clients and deep pool of resources in the years to come.”
Brett Williams, Managing Director, SEI Wealth Platform, UK Private Banking, commented: “By partnering with SEI and taking advantage of our powerful SEI Wealth Platform, Waverton is well positioned to achieve their growth aspirations amid an increasingly competitive wealth management environment. The strategic partnership will enable Waverton to leverage our experienced team, proven process and leading technology. We look forward to welcoming some of Waverton’s valued talent to the SEI team and working with Waverton to deliver for their business and clients.”