Cavanagh Group, the AIM-listed IFA, has selected SEI to support its expansion strategy and transform the firm's business model in the run-up to the RDR.
The IFA, which has £1.5m AUM, has chosen SEI's wealth management offering as it looks to consolidate its client proposition and establish a foundation for future growth. In particular, SEI's global wealth platform will support its expansion strategy by providing a scaleable, repeatable acquisition model for new businesses and a conversion plan for existing client assets. "In the current wealth management landscape, IFA solutions are generally limited and unable to support large businesses," says Joseph Ujobai, executive vice president, SEI's private banks segment. "The move by Cava...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes