SEI Investments Company announced on November 12, 2025 that it is adding new tax‑management and overlay tools to its separately managed account (SMA) and unified managed account (UMA) platforms. The update builds on nearly two decades of experience in tax overlay services and introduces a comprehensive workflow that covers tax transition analysis, implementation, portfolio design, ongoing management, and client‑centric reporting. The new capabilities give advisors deeper control over tax outcomes, allowing them to adjust holdings, manage capital gains, and optimize after‑tax returns in real time.
The expansion is a strategic response to a clear market demand: 73% of high‑net‑worth advisors say tax minimization is their top priority. By providing a more robust, end‑to‑end solution, SEI aims to strengthen client relationships and capture additional revenue from tax‑management services. The company’s assets under management reached approximately $1.8 trillion as of September 30, 2025, and the SMA and UMA markets have been growing at 24.4% and 34% annually, respectively, underscoring the commercial potential of the new tools.
Management emphasized the importance of the move. Erich Holland, Head of Client Experience for SEI’s Advisor business, said, “These enhancements underscore our focus on simplifying the complex and empowering investors. We are setting a new standard for how modern portfolios are optimized by giving advisors and their clients the agility to transition portfolios and achieve materially improved after‑tax outcomes.” The quote signals SEI’s intent to embed tax optimization as a core competency rather than a peripheral feature.
While the announcement itself does not include financial results, it follows a Q3 2025 earnings report in which SEI posted earnings per share of $1.30—$0.05 above consensus—despite revenue of $578.51 million falling short of the $584.33 million estimate. The earnings beat was attributed to disciplined cost management and a favorable mix of high‑margin advisory services, suggesting that the company can sustain profitability while investing in new capabilities. The tax‑management expansion is therefore positioned as a growth lever that should help offset future revenue pressure and support the company’s broader strategy of deepening advisor capabilities.
The move also signals SEI’s intent to compete more aggressively in the tax‑management space, where other asset‑management firms are offering similar overlay solutions. By enhancing its SMA and UMA platforms, SEI aims to differentiate itself through a more integrated, client‑centric approach that can attract advisors seeking advanced tax‑optimization tools. The expansion is expected to drive incremental revenue and reinforce SEI’s position as a leading provider of technology‑enabled investment solutions.
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