Safeguarding your clients’ assets
There is no greater responsibility than the security and safety of your clients’ assets. It helps protect futures for the next generation.
SEI Private Trust Company maintains custody of all client assets and holds them separately, in the client’s name. This is a different approach from a bank or brokerage firm that is able to commingle client assets with its own assets. This commingling of funds has been a factor in many fraud situations.
|Safeguards in place|
All client assets segregated and held in client’s name—no commingling of investor funds
Regularly audited by independent and internal auditors
Subject to examination by the Office of the Comptroller of the Currency (OCC).
May not pledge, lend, or margin assets held in custody
Insurance coverage includes errors and omissions and fidelity bond coverage in an effort to protect investors from any SEI employee errors and omissions events as well as employee dishonesty
Safekeeping/storage of financial assets
Corporate action accounting
Our techstodiansm approach
There is no daylight between our technology and custody services. That tight integration reinforces our single-point-of-contact accountability, and makes it easier for you to deliver a superior Advice+ experience for your clients.
- Connect with your clients
- Power wealth with no assembly required
- Personalize the experience with digital tools
Helping protect the security of client assets
In addition to the benefits of our custody structure, we deploy a robust cybersecurity infrastructure to guard against threats to client assets. Our goal is to keep all our systems as safe and secure as possible to increase the security of all client assets.
Custody services provided by SEI Private Trust Company (SPTC), a federally chartered limited purpose savings association. Platform services provided by SEI Global Services, Inc. (SGS). SPTC and SGS are wholly owned subsidiaries of SEI Investments Company (SEI).
Investing involves risk including possible loss of principal.