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News Article | May 10, 2017
Site: globenewswire.com

OAKS, Pa., May 10, 2017 (GLOBE NEWSWIRE) -- SEI (NASDAQ:SEIC) announced today that TIAA-CREF Trust Company, FSB will adopt the SEI Wealth Platform SM (the Platform) as part of the firm’s commitment to deliver a seamless client and employee wealth management experience. The Platform is a fully-integrated, single-infrastructure wealth management technology solution developed to support client relationship management, including front-, middle-, and back-office services.  This news was first announced during SEI’s first-quarter 2017 earnings call. “TIAA-CREF Trust Company’s implementation of the SEI Wealth Platform reinforces the value of adopting a fully-integrated infrastructure to best serve future prospects, participants, and employees,” said Al Chiaradonna, Senior Vice President, SEI Wealth Platform, North America Private Banking. “We look forward to helping them drive efficiency, scale, and transparency through strategic integration.” TIAA-CREF Trust Company, FSB will utilize the SEI Wealth Platform to offer an efficient, web-based solution that will help better manage risk, enhance business productivity, and bring client and employee experience to a new level. “We recognize the need to employ a cutting-edge technological infrastructure that meets present and future needs. Through a fully-integrated and modernized wealth management solution, we can train new employees faster and increase the time devoted to servicing participants by eliminating administrative responsibilities through automation,” said Kathie Andrade, Chief Executive Officer, Retail Financial Services, TIAA. “We look forward to working alongside SEI to deliver new opportunities to our employees and the best possible client experience.” TIAA-CREF Trust Company has been an SEI client since 2001 and plans to convert their existing book of business, currently on SEI’s TRUST 3000 solution, to the SEI Wealth Platform in 2018. Gaining market momentum since its U.S. launch in 2013, the SEI Wealth Platform now supports 11 private banking firms and their clients, and has another six clients, including TIAA-CREF Trust Company, in various stages of implementation.  For more information, please visit seic.com/wealthplatform. “We have enjoyed a great relationship with SEI during the past 16 years, and we look forward to continuing to build and strengthen it as we transition to the new platform. This is a key initiative for us as we continue to provide important services for clients and participants,” said Stephanie Adams, Vice President, Head of Trust Services, TIAA-CREF Trust Company, FSB. About TIAA-CREF Trust Company, FSB TIAA-CREF Trust Company, FSB (www.tiaadirect.org) is a unique financial partner. TIAA-CREF Trust Company, FSB is a subsidiary of TIAA (www.tiaa.org), which is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $938 billion in assets under management (as of 3/31/2017) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services. TIAA-CREF Trust Company, FSB is a leading provider of trust and investment management services with $22 billion in assets under management. About the SEI Wealth PlatformSM The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers encompassing 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 necessary to capitalize on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 138 stock exchanges in 52 countries and 40 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) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 10, 2017
Site: globenewswire.com

OAKS, Pa., May 10, 2017 (GLOBE NEWSWIRE) -- SEI (NASDAQ:SEIC) announced today that TIAA-CREF Trust Company, FSB will adopt the SEI Wealth Platform SM (the Platform) as part of the firm’s commitment to deliver a seamless client and employee wealth management experience. The Platform is a fully-integrated, single-infrastructure wealth management technology solution developed to support client relationship management, including front-, middle-, and back-office services.  This news was first announced during SEI’s first-quarter 2017 earnings call. “TIAA-CREF Trust Company’s implementation of the SEI Wealth Platform reinforces the value of adopting a fully-integrated infrastructure to best serve future prospects, participants, and employees,” said Al Chiaradonna, Senior Vice President, SEI Wealth Platform, North America Private Banking. “We look forward to helping them drive efficiency, scale, and transparency through strategic integration.” TIAA-CREF Trust Company, FSB will utilize the SEI Wealth Platform to offer an efficient, web-based solution that will help better manage risk, enhance business productivity, and bring client and employee experience to a new level. “We recognize the need to employ a cutting-edge technological infrastructure that meets present and future needs. Through a fully-integrated and modernized wealth management solution, we can train new employees faster and increase the time devoted to servicing participants by eliminating administrative responsibilities through automation,” said Kathie Andrade, Chief Executive Officer, Retail Financial Services, TIAA. “We look forward to working alongside SEI to deliver new opportunities to our employees and the best possible client experience.” TIAA-CREF Trust Company has been an SEI client since 2001 and plans to convert their existing book of business, currently on SEI’s TRUST 3000 solution, to the SEI Wealth Platform in 2018. Gaining market momentum since its U.S. launch in 2013, the SEI Wealth Platform now supports 11 private banking firms and their clients, and has another six clients, including TIAA-CREF Trust Company, in various stages of implementation.  For more information, please visit seic.com/wealthplatform. “We have enjoyed a great relationship with SEI during the past 16 years, and we look forward to continuing to build and strengthen it as we transition to the new platform. This is a key initiative for us as we continue to provide important services for clients and participants,” said Stephanie Adams, Vice President, Head of Trust Services, TIAA-CREF Trust Company, FSB. About TIAA-CREF Trust Company, FSB TIAA-CREF Trust Company, FSB (www.tiaadirect.org) is a unique financial partner. TIAA-CREF Trust Company, FSB is a subsidiary of TIAA (www.tiaa.org), which is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $938 billion in assets under management (as of 3/31/2017) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services. TIAA-CREF Trust Company, FSB is a leading provider of trust and investment management services with $22 billion in assets under management. About the SEI Wealth PlatformSM The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers encompassing 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 necessary to capitalize on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 138 stock exchanges in 52 countries and 40 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) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 10, 2017
Site: globenewswire.com

OAKS, Pa., May 10, 2017 (GLOBE NEWSWIRE) -- SEI (NASDAQ:SEIC) announced today that TIAA-CREF Trust Company, FSB will adopt the SEI Wealth Platform SM (the Platform) as part of the firm’s commitment to deliver a seamless client and employee wealth management experience. The Platform is a fully-integrated, single-infrastructure wealth management technology solution developed to support client relationship management, including front-, middle-, and back-office services.  This news was first announced during SEI’s first-quarter 2017 earnings call. “TIAA-CREF Trust Company’s implementation of the SEI Wealth Platform reinforces the value of adopting a fully-integrated infrastructure to best serve future prospects, participants, and employees,” said Al Chiaradonna, Senior Vice President, SEI Wealth Platform, North America Private Banking. “We look forward to helping them drive efficiency, scale, and transparency through strategic integration.” TIAA-CREF Trust Company, FSB will utilize the SEI Wealth Platform to offer an efficient, web-based solution that will help better manage risk, enhance business productivity, and bring client and employee experience to a new level. “We recognize the need to employ a cutting-edge technological infrastructure that meets present and future needs. Through a fully-integrated and modernized wealth management solution, we can train new employees faster and increase the time devoted to servicing participants by eliminating administrative responsibilities through automation,” said Kathie Andrade, Chief Executive Officer, Retail Financial Services, TIAA. “We look forward to working alongside SEI to deliver new opportunities to our employees and the best possible client experience.” TIAA-CREF Trust Company has been an SEI client since 2001 and plans to convert their existing book of business, currently on SEI’s TRUST 3000 solution, to the SEI Wealth Platform in 2018. Gaining market momentum since its U.S. launch in 2013, the SEI Wealth Platform now supports 11 private banking firms and their clients, and has another six clients, including TIAA-CREF Trust Company, in various stages of implementation.  For more information, please visit seic.com/wealthplatform. “We have enjoyed a great relationship with SEI during the past 16 years, and we look forward to continuing to build and strengthen it as we transition to the new platform. This is a key initiative for us as we continue to provide important services for clients and participants,” said Stephanie Adams, Vice President, Head of Trust Services, TIAA-CREF Trust Company, FSB. About TIAA-CREF Trust Company, FSB TIAA-CREF Trust Company, FSB (www.tiaadirect.org) is a unique financial partner. TIAA-CREF Trust Company, FSB is a subsidiary of TIAA (www.tiaa.org), which is the leading provider of financial services in the academic, research, medical, cultural and government fields. TIAA has $938 billion in assets under management (as of 3/31/2017) and offers a wide range of financial solutions, including investing, banking, advice and education, and retirement services. TIAA-CREF Trust Company, FSB is a leading provider of trust and investment management services with $22 billion in assets under management. About the SEI Wealth PlatformSM The SEI Wealth Platform (the Platform) is an outsourcing solution for wealth managers encompassing 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 necessary to capitalize on their strategic objectives in a constantly shifting market. The SEI Wealth Platform supports trading and transactions on 138 stock exchanges in 52 countries and 40 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) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 24, 2017
Site: globenewswire.com

OAKS, Pa., May 24, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of SEI Investments Company (NASDAQ:SEIC) today declared a regular semi-annual dividend of $0.28 (twenty-eight cents) per share. The cash dividend will be payable to shareholders of record on June 7, 2017, with a payment date of June 16, 2017.  About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 24, 2017
Site: globenewswire.com

OAKS, Pa., May 24, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of SEI Investments Company (NASDAQ:SEIC) today declared a regular semi-annual dividend of $0.28 (twenty-eight cents) per share. The cash dividend will be payable to shareholders of record on June 7, 2017, with a payment date of June 16, 2017.  About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 24, 2017
Site: globenewswire.com

OAKS, Pa., May 24, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of SEI Investments Company (NASDAQ:SEIC) today declared a regular semi-annual dividend of $0.28 (twenty-eight cents) per share. The cash dividend will be payable to shareholders of record on June 7, 2017, with a payment date of June 16, 2017.  About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | May 24, 2017
Site: globenewswire.com

OAKS, Pa., May 24, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of SEI Investments Company (NASDAQ:SEIC) today declared a regular semi-annual dividend of $0.28 (twenty-eight cents) per share. The cash dividend will be payable to shareholders of record on June 7, 2017, with a payment date of June 16, 2017.  About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | June 27, 2017
Site: www.prnewswire.com

Addenda Capital is a strong proponent of sustainable investment. In addition to promoting sustainable financial markets, the Company performs deep fundamental research which integrates ESG (environmental, social and governance) factors into its investment processes in an effort to deliver consistently superior long-term returns while maintaining a low turnover. "Building on our success in Canada, we want to intensify our business development activities in the United States," said Roger Beauchemin, President and Chief Executive Officer of Addenda Capital. "Our International Equity strategy has performed well above industry average and we are confident that we can deliver superior results to investors thanks to our 20+ years of experience, our innovative approach and the CIT's low-cost structure. We now have dedicated resources to build relationships with institutional investors and consultants across the U.S." CITs, also known as collective investment funds (CIFs), are pooled funds operated by a bank or trust company. They are available to qualified retirement plans, such as 401(k) plans and other retirement and employee retirement benefit plans. Economies of scale allow for generally lower marketing, overhead and no Board of Directors or SEC filing expenses. Thus, investors benefit from enhanced profits. Unlike mutual funds, collective trusts are regulated by either the Office of the Comptroller of the Currency (OCC) or a state banking authority or agency. A pioneer in the CIT arena, the SEI Trust Company has successfully partnered with CIT advisors for more than 25 years. It currently provides services to more than 170 CITs representing $45 billion in assets under management, making it one of the leading providers of CITs. "Addenda Capital's expertise with its International Equity Strategy coupled with SEI's scalable, flexible infrastructure is an appealing combination for investors and consultants," said John Alshefski, Senior Vice President and Managing Director of SEI's Investment Manager Services division. Addenda Capital is a solution-driven privately-owned investment management firm with more than USD$20 billion in assets under management. The Firm offers a broad range of strategies that can be customized to meet the evolving needs of its clients, which include institutional clients such as pension funds, corporations, insurance companies and not-for-profit organizations, as well as high net worth clients. Addenda Capital aims to add value through deep fundamental research, active management, innovation, discipline and integrity. It prides itself on exceptional client relationships built on open and transparent communications. Its approach to sustainable investment focuses on integrating environmental, social and governance issues into all of its investment processes to deliver higher-quality portfolios. Headquartered in Montréal (Québec), Canada, Addenda Capital has offices in Toronto, Guelph and Regina. It is co-owned by Co-operators Financial Services, a subsidiary of Canadian insurance co-operative The Co-operators Group Limited, by labour-sponsored firm Fonds de Solidarité FTQ, and by Management Shareholders. Addenda Capital is a Sustaining Member of the Responsible Investment Association (RIA), an Investor Member of the Green Bond Principles, and a signatory of the United Nations' Principles for Responsible Investment (UN PRI) and of the Montréal Carbon Pledge. Thanks to exceptional employee engagement, Addenda Capital was awarded Aon Hewitt's highest recognition in its 2017 Canadian Small and Medium Enterprise ranking as a Platinum-level Employer of Choice. To learn more, visit www.addendacapital.com. SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com. SEI's Investment Manager Services supplies investment organizations of all types with advanced operating infrastructure they must have to evolve and compete in a landscape of escalating business challenges.  SEI's award-winning global operating platform provides asset managers with customized and integrated capabilities across a wide range of investment vehicles, strategies and jurisdictions.  Our services enable investment managers to gain scale and efficiency, keep pace with marketplace demands, and run their businesses more strategically.  SEI presently partners with more than 300 traditional, alternative and sovereign wealth managers representing over $15.5 trillion in assets, including 35 of the top 100 managers worldwide. For more information, visit seic.com/ims. SEI Trust Company (the "Trustee") serves as the Trustee of the Fund and maintains ultimate fiduciary authority over the management of, and the investments made in, the Fund. The Trustee is a trust company organized under the laws of the Commonwealth of Pennsylvania and is a wholly owned subsidiary of SEI Investments Company (SEI). To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/addenda-capital-launches-collective-investment-trust-to-capture-us-market-300480251.html


News Article | July 19, 2017
Site: globenewswire.com

OAKS, Pa., July 19, 2017 (GLOBE NEWSWIRE) -- SEI Investments Company (NASDAQ:SEIC) intends to release earnings for the second-quarter 2017 on Wednesday, July 26, 2017, after the market closes. The company will hold a conference call to discuss these financial results beginning at 4:30 p.m. Eastern time. The public is invited to listen to the call at seic.com/investors. The live webcast may also be accessed at many financial services websites, including Google Finance and Yahoo Finance. Replays will be available shortly after the call at the above websites, and also at (USA) 800-475-6701; (International) 320-365-3844; Access Code: 427384. About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $779 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $297 billion in assets under management and $478 billion in client assets under administration. For more information, visit seic.com.


News Article | August 2, 2017
Site: globenewswire.com

OAKS, Pa., Aug. 02, 2017 (GLOBE NEWSWIRE) -- SEI (NASDAQ:SEIC) reported continued growth in its institutional defined contribution business with the addition of six new clients representing over $2 billion in new assets since the start of 2016, including $800 million in the first two quarters of 2017. SEI’s new defined contribution clients added over that time include Teradyne Inc., Northwest Community Healthcare, Nice-Pak Products and Iron Workers Local #399. SEI currently manages retirement plan assets for over 350 plan sponsors worldwide, representing over $60 billion in assets. “SEI’s solution helps address three critical areas of concern for defined contribution plan sponsors – fees, fiduciary oversight and improved investment options for participants,” said Paul Klauder, Executive Vice President, SEI and Head of SEI Institutional Group. “Our clients are very forward thinking organizations and are making proactive changes to improve the retirement benefit for participants while also strengthening the management of their plan.  We are proud to partner with them.” Implementation varies across clients and has ranged from the development of a single, custom multi-manager white label option to the development of a new, simplified fund line-up including custom target date funds.  SEI helps simplify plan line-ups by reducing overall fund options for participants and building asset class specific funds that can also be delivered in a “white label” or unbranded format. These funds leverage multiple managers with different styles and expertise, providing participants with a well-diversified portfolio that can adapt moving forward. SEI takes on fiduciary responsibility for oversight of the managers and any allocation or manager change within the fund can be made with almost no disruption to participants. This allows plan sponsors to add fiduciary oversight and provide participants with professionally managed funds while focusing on more strategic plan design initiatives. “SEI’s defined contribution clients benefit from institutional quality money managers at a reduced overall plan investment expense, improved investment options in their plan’s line-up, additional fiduciary governance and a plan management process that can adjust to a constantly changing investment landscape,” said Michael Cagnina, Vice President and Managing Director, SEI Institutional Group. “We believe SEI’s capabilities are an ideal fit for these new clients and we fully expect our defined contribution business to continue to grow as more plan sponsors adopt this approach.” About SEI Institutional Group SEI Institutional Group is one of the first and largest global providers of outsourced investment management services. The company delivers integrated retirement, healthcare and non-profit solutions to more than 475 clients in 13 countries. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board designated funds. For more information visit: seic.com/institutions. About SEI SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $809 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $307 billion in assets under management and $497 billion in client assets under administration. For more information, visit seic.com.

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