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December 8, 2021

Waverton chooses SEI Wealth Platform

By Patrick Brusnahan

Waverton Investment Management will adopt the SEI Wealth Platform, a fully-integrated, single-infrastructure technology and operational outsourcing solution.

Free Report
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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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.”

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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