SEI Canada Expands Team With New Appointment
Andy Mitchell Named Managing Director, Head of Asset Management
TORONTO -- (Marketwired) -- 06/13/13 -- SEI (NASDAQ: SEIC) announced
today the appointment of Andy Mitchell as Managing Director, Head of
Asset Management Distribution for SEI's Canadian office.
"Andy is highly respected in the Canadian investment industry. He's
in tune with the challenges facing investment advisors today and will
be instrumental in shaping the future of our Canadian retail
business," said Kevin Barr, Head of SEI's Investment Management Unit.
Andy will be responsible for developing and maintaining strategic
relationships with large distribution partners, driving sales and
revenue growth with existing and new clients, and managing SEI's
strategic sales plan. He brings more than 23 years of experience to
the role. Prior to joining SEI, Andy was President of Worldsource
Financial Management, a leading independent advisor network.
"I am delighted to be joining SEI Canada," said Andy Mitchell. "SEI
has been a thought leader in the area of managed, fee-based portfolio
solutions, and I feel it is uniquely positioned to help advisors meet
industry challenges while delivering investments that are aligned
with clients' goals. I look forward to working closely with our
clients and partners."
About SEI Canada
SEI founded its Canadian business in 1994 with an
office in Toronto and sales offices across the country. SEI's
manager-of-managers approach provides multi-manager, globally
diversified strategies with an appropriate home-country bias for
Canadian investors. The SEI Goals-Based Portfolios, Strategic
Portfolios and Asset Allocation Funds are available to retail
investors through select dealer relationships. The SEI Target Date
Funds and Asset Allocation Funds are available to institutional
investors including pension plans and nonprofit organizations. For
more information, visit www.seic.com/enCA.
SEI (NASDAQ: SEIC) is a leading global provider of
investment processing, fund processing, and investment management
business outsourcing solutions that help corporations, financial
institutions, financial advisors, and ultra-high-net-worth families
create and manage wealth. As of March 31, 2013, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $495 billion in mutual fund and
pooled or separately managed assets, including $206 billion in assets
under management and $289 billion in client assets under
administration. For more information, visit www.seic.com.
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