Industry

The firm’s new report finds there is unmet demand among financial advisors for ETFs with alternative investment strategies.

The deal will help SEI provide tax optimization unified managed household capabilities across the SEI Wealth Platform.

According to charges filed by the Securities and Exchange Commission and the Justice Department, a trio of Nigerian nationals stole more than $2.9 million from at least 28 investors.

Wealth advisors in the U.S. will move from two divisions to four regional units.

The purchase of Avitas Wealth Management expands Lido’s presence in the city where it is headquartered. It’s the latest large deal for the RIA since Constellation Wealth Capital bought a minority stake earlier this year.