Berry Asset Management signs partnership deal with SEI

Berry Asset Management has signed a strategic administration partnership agreement with SEI.

The deal will see SEI provide administrative support to the private client wealth management firm.

Berry Asset Management chief executive Jamie MacLeod says: “By investing in SEI’s technologies, and working in close collaboration, we can focus on our core activity, managing assets for high net worth individuals and supporting our introducers, while SEI delivers some, but not all, of the administration support function.

“Our partnership with SEI represents a very significant investment in time and financial resource for our business, and it makes good sense for Berry to deploy its resources in this way.”