Wealth management consolidator Succession Advisory Services has added manager of managers SEI to its outsourced investment proposition, which it makes available to partner firms.
SEI's Strategic Portfolios combine modern portfolio construction theory with behavioural finance to provide a range of investment options for clients.
Succession's Investment Matrix, which also partners with Seven Investment Management, Frontier Capital Management and Vestra Wealth, enables advisers at its 30 partner firms to outsource their investment management functions.
"I am delighted we are able to offer Succession's partner firms and their advisers access to SEI as our sole provider of manager of manager portfolios," Succession chief operating officer Andrew Smith (pictured) says.
"SEI is a global leader in this area and employs the world's top investment managers and combines them to create highly diversified portfolios for institutional, private bank and adviser clients."
Chris Keogh, director of asset management EMEA at SEI, added: "Our partnership [with Succession] is strong evidence that advisers are seeking to outsource asset management capabilities."
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