News, Vision & Voice for the Advisory Community


After a decade of unsteady results, SEI Investments is attracting financial advisors again

Wayne Withrow is taking a patient approach to growth that is helping the TAMP to regain trust among advisors

Tuesday, January 19, 2010 – 5:55 AM by Brooke Southall
no description available
Kevin Crowe: We’re operating on a model that looks like we did 10 years ago.

Related Moves

Envestnet just named an ESG head to meld 'wellness,' 'The Intelligent Financial Life' and 'sustainable investing' into a single nirvana -- that starts outside of the product realm

Ron Ransom earned CEO Bill Crager's trust as chief business development officer and now will define how Envestnet conducts itself as a global citizen and vendor of wellness.

July 27, 2022 – 2:27 AM

Walt Bettinger sheds 'president' title and Bernie Clark gets new boss as Schwab appoints Rick Wurster as president and No. 2 in charge

The Schwab CEO gets 2016 'Windhaven' hire to share burden of governance from enormity of $8-trillion post-TDA, post-USAA, post-Motif growth.

December 20, 2021 – 11:59 PM

Envestnet and Edmond Walters end odd couple 'Apprise' relationship with buyout, but leave open the door to jointly pursue RIA-to-entrepreneur dashboard... later

The MoneyGuidePro owner and eMoney founder execute clean break with Apprise IP rebranded as 'Wealth Studio.' Walters off to the races with a startup and vague promise to collaborate later.

April 6, 2021 – 12:50 AM

Envestnet turns to former FIS executive -- and replaces a CTO -- to help shape up the firm's disparate offerings into a unified whole around the concept of 'wellness'

The Chicago outsourcer gets Donna Peeples to harmonize products and marketing to move beyond the 'TAMP' label as Orion contends for market share with Brinker added.

November 10, 2020 – 2:45 AM

Mentioned in this article:

Tiburon Strategic Advisors
Consulting Firm
Top Executive: Charles Roame

Russell Investments
Top Executive: Jennifer Tice

Envestnet Inc
Top Executive: Jud Bergman

SEI Advisor Network
Top Executive: Wayne Withrow

Rob S

Rob S

January 19, 2010 — 3:09 PM

Nice fluff piece on SEI. Why is there no mention of SEI’s performance? And how many of those 100 or so people constructing the portfolios are actual senior people? There is no mention of their CIO either, why is that?



January 20, 2010 — 12:50 AM

True, Rob, there is no mention in the article of “SEI’s performance” or the seniority of the “people constructing portfolios” or “their CIO”.

I also noted no mention of the Super Bowl, the Yankees, Battlestar Gallactica or President Obama.

Since it is quite obviously, you have an axe to grind with SEI, why don’t you just grow some balls and say what you you want to say, rather than gutlessly casting negative aspersions without backing-up your thinly veiled attack with FACTS ????


Bill Winterberg

Bill Winterberg

January 20, 2010 — 6:23 AM

The benefits of SEI’s TAMP come with the cost of decreased granular control over portfolios and cumbersome management via fax-based order instructions.

Want dividends to be paid in cash rather than reinvested? Fax a form. Want to set aside a portion of cash in the portfolio so it doesn’t get automatically invested into the TAMP? Fax a form.

Loss harvesting and tax management can be achieved in TAMP account, but it is difficult to implement and advisors must do so on an account-by-account basis (rather than across the advisor’s entire book).

Bill @ <a href="http://fppad.com">FPPad.com</a>

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

RIABiz Directory sponsored by:

Directory Sponsor Logo