Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:PA Firm Enhances Wrap Program Not Rated 4.0 Email Routing List Email & Route  Print Print
Monday, October 21, 2002

PA Firm Enhances Wrap Program

by: Ki Kim

SEI Investments' enhanced managed-accounts program, which was spiffed up to optimize tax management and provide for better customization and coordination across portfolios, is up and running after about nine months of development.

The Integrated Managed Accounts Program uses a tax overlay strategy to boost the tax-efficiency of the portfolios. Bruce Higgins, a product manager at SEI, says the equity-investment floor for accounts in the program is about $250,000 and that many projected users will have accounts that fall in the $600,000-700,000 range.

SEI expects the program to attract both new and current SEI clients primarily through its primary distribution channel, which is comprised of some 3,500 independent financial advisors.

SEI worked with Parametric Portfolio Associates to simulate the effects of a hypothetical tax overlay portfolio. SEI claims that the portfolio outperformed non tax-managed separate accounts by up to 65 basis points per year on an after-tax basis. The simulations also found that the strategy outperformed traditional tax-efficient separate accounts by up to 35 basis points a year on an after-tax basis, according to SEI.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

4.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use