South Carolina Bank and Trust
has inked a multi-year contract with SEI Investments
for outsourced separately managed accounts and trust services.
The regional bank, a subsidiary of SCBT Financial Corporation, with 36 financial centers in South Carolina and client assets of $1.6 billion, will offer SEI's mutual fund wrap and overlay managed account to its high-net worth, defined benefit and non-profit customers.
SEI Private Trust Company will also handle trust accounting and processing for SCBT.
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