Wells Fargo to implement SEI’ next-generation wealth platform

Wells Fargo has decided to adopt SEI's next-generation, wealth management technology solution, SEI Wealth Platform.

Wells Fargo to implement SEI’ next-generation wealth platform

Wells Fargo has decided to adopt SEI’s next-generation, wealth management technology solution, SEI Wealth Platform, to meet future needs of clients.

Wells Fargo will migrate to the new platform from SEI’s TRUST 3000 solution, which currently supports its wealth management, retirement, and corporate trust groups’ fiduciary and custodial businesses.

SEI Wealth Platform is an integrated solution designed to support client relationship management including front-, middle-, and back-office fiduciary investment and account administration processing services.

Wells Fargo senior executive vice president and head of wealth, brokerage and retirement group David Carroll said: “We look forward to continuing our 40-year relationship with SEI and using recent technology advancements to enable Wells Fargo team members to continue serving the expectations of our clients into the future.

“The capabilities and features of the Platform are a good fit for our business, helping Wells Fargo give our clients efficient and exceptional service.”