Sei Investments Management CORP
Assets Under Management
$198.1B
Number of Clients
99,622
Number of Advisors
125
Average Client AUM
$2.0M
AUM per Advisor
$1.6B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
SIMC offers investment advisory services, including portfolio and financial management, and estate planning. They manage assets on both a discretionary and non-discretionary basis. SIMC primarily recommends investing in their proprietary investment products and programs, including mutual funds, ETFs, hedge funds, private equity funds, and their wrap fee program, Managed Account Solutions (MAS). They typically work with retail investors with $10 million in net worth.
Fee Structure
SIMC charges an asset-based fee ("Advice Fee") on the value of assets under management, paid quarterly in arrears. In certain cases, a flat fee may be charged for advice. Fees increase with the amount of assets in the account. MAS fees include most transaction costs and custodian fees, making them higher than typical asset-based advisory fees. Certain transaction costs and product fees (like for proprietary funds and ETFs) are not included in the MAS fee. Clients may be required to custody assets at an affiliated custodian and pay them a fee. Administrative fees may also apply to certain MAS strategies, paid quarterly in arrears.
Areas of Practice
Location
One Freedom Valley Drive, Oaks, PA, 19456