Brooke Southall

Unravelling why a big, loyal SEI advisor moved its assets to Schwab

Dick Smith: SEI’s gone through a lot of iterations and they made special considerations for us. Yet, still, you’re constrained by the standardization they employ.

Schwab

Focus Financial

Adhesion Wealth Advisor Solutions

Stier

Callan Associates

ActiFi

Spenser Segal

Dick Smith

Outsourced investments are one of the fastest-growing categories in the financial advisory world. Perched between
the asset custodian and the financial advisor, these (mostly) turnkey asset management programs can handle all or a 
portion of their investing, technology and fiduciary duties.

Advocates of using these TAMPs point to how it's better for the advisor because it frees up more time to spend with clients and prospects. It's also better for clients because the duties are being handled by specialized professionals who benefit from economies of scale.

Skeptics say that it adds a layer of cost and takes away an element of control from the advisors in executing according to a client's financial plan.

TAMPs

In automating wealth management, Dick Smith chose Adhesion and needed custody

Unravelling why a big, loyal SEI advisor moved its assets to Schwab

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