Deepened Relationship Highlights Continued
Stability, Supports Acquisitions, and Powers Growth
OAKS,
Pa., Sept. 12, 2024 /PRNewswire/
-- SEI® (NASDAQ:SEIC) today announced that
Diversified, LLC (Diversified) celebrated a major growth milestone,
surpassing $2 billion in client
assets under management (AUM) as of June 30,
2024. Diversified leverages SEI as a strategic partner
across technology, operations, and asset management, reinforcing
SEI's commitment to serving the RIA community.
SEI also played an important strategic role in supporting
Diversified's most recent acquisitions, growing their presence to
include offices in Georgia and
Massachusetts. Led by President
Andrew Rosen, CFP®,
CEP® and CEO Michael
Fisher, CFP®, Diversified is based in
Wilmington, DE with offices in
Wayne, PA, Birmingham, AL, Alpharetta, GA, Cape
Cod, MA, and Northampton,
MA.
Serving approximately 2,000 client households with approximately
$2 billion in total AUM, Diversified
provides comprehensive financial planning with the mission to bring
true happiness to as many people as possible by providing
individuals and families with everything needed to "Experience
Lifelong Wealth." The firm's financial advisors have embraced the
breadth of SEI's capabilities to better serve their clients,
including SEI Private Trust Company's client asset custody
structure, integrated advisor and investor technology, SEI's suite
of investment strategies, and a dedicated service model.
Commenting on Diversified's continued growth, Rosen
said:
"As we focus on growing and scaling our business for the future,
the seamless integration of SEI's technology and custody solutions,
as well as the stability, optionality, and community that SEI
provides, continue to make a difference. We do what we do to make
our clients' lives easier, save them time, and redirect their
efforts to the things they love, and SEI delivers those same
benefits for our business.
"We're fortunate to serve the individuals and families that we
do and advising more than $2 billion
is a testament to our entire team of financial planners, investment
and client experience specialists, and more. We chose SEI as a
strategic partner years ago, and our decision is validated on a
nearly daily basis. SEI's team is simply an extension of us—and
coupled with the breadth of the company's capabilities, they're a
key accelerant to our growth."
Highlighting the benefits of the strategic partnership,
Erich Holland, Executive Managing
Director of Client Experience for SEI's Advisor business,
said:
"We remain steadfast in our commitment to enabling advisors to
operate more efficiently, so they can serve their clients more
effectively. The continued expansion of our relationship with
Diversified shows how we can best support the totality of a growing
advisory enterprise—whether we're solving for business evolution or
transition, a financial advisor's needs, or an investor's
individual goals.
"As we advance our capabilities and market presence, Andrew,
Mike, and the entire Diversified family play an important role as a
strategic partner in SEI's growth. Congratulations to the whole
team on this major business milestone, which represents the
impactful advice they provide to their clients. We're honored to
help Diversified be a more meaningful part of their clients'
lifelong financial stories and look forward to serving their
growing team for years to come."
About SEI®
SEI (NASDAQ:SEIC) delivers
technology and investment solutions that connect the financial
services industry. With capabilities across investment processing,
operations, and asset management, SEI works with corporations,
financial institutions and professionals, and ultra-high-net-worth
families to help drive growth, make confident decisions, and
protect futures. As of June 30, 2024,
SEI manages, advises, or administers approximately $1.5 trillion in assets. For more information,
visit seic.com.
About Diversified, LLC
Diversified LLC is an SEC
Registered Investment Advisor (RIA) with offices in five states,
offering financial planning, investment management, tax planning
and insurance services through all stages of our client's lives. As
of June 30, 2024, Diversified serves
clients in 40 states and strives to offer everything clients may
need financially under one roof. Learn more at
diversifiedllc.com.
Company
Contacts:
|
Media Contact:
|
Emily Baldwin
|
Kerry Mullen
|
SEI
|
Vested
|
+1 610-676-3262
|
+1
917-765-8720
|
ebaldwin@seic.com
|
kerry@fullyvested.com
|
|
|
Sarah Thomas
|
|
Diversified
LLC
|
|
+1
302-765-3500
|
|
sarah@diversifiedllc.com
|
|
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SOURCE SEI Investments Company