Berry Asset Management has inked a strategic partnership deal with outsourcing outfit SEI as the wealth manager looks to expand its offering in the high net worth space.
Berry said the link-up, which will see SEI provide an administration support function, will allow it to focus on its core activities of managing assets for high net worth individuals and supporting introducers. "The transition to SEI will be seamless for our clients and for introducers and the partnership will deliver a platform on which we can expand our offering, whilst continuing to deliver a first class service," said Berry chief executive officer Jamie MacLeod. The deal comes on the back of a busy few months for for SEI in which the business outsourcing firm has struck deals with...
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