Top Compass Advisors: Omar Mian, Tom Licciardello and Tim Shanahan, this week all attended the SEI Strategic Advisor Council National Meeting in Washington DC . The conference was attended by the country’s top 250 financial advisors who use SEI as an investment solution for their clients. The theme of this conference was SEI’s Client-First Commitment. This theme is consistent with the values of all Compass advisors as we are committed to putting our client’s interest first.
Compass Capital is now in its 25th year of working with SEI as our primary platform for client investments. Compass has used the SEI practice management, operational and investment and trust services to help grow its business by a factor of 10 in that time. You may have heard us mention that we try to have a “deep bench” at Compass and our partnership with SEI is a significant part of deepening our bench.
We congratulate SEI founder and Chairman Al West on SEI’s 50 years of business success. SEI is an amazing story with its start as a class project for Al West and some classmates while getting advanced degrees at the Wharton School of Business in 1968.
We also commend Carmen Romeo for his vision and leadership in starting and managing the firm’s investment advisors business. Carmen V. Romeo has been an Independent Director of SEI Investments Co. since June 1979 and was previously SEI’s Executive Vice President from December 1985 to December 2004 and Treasurer and Chief Financial Officer from June 1979 to September 1996.
Today SEI has 3,200 employees worldwide, serves about 8,600 clients, including banks, trust institutions, wealth management organizations, independent investment advisors like Compass Capital, retirement plan sponsors, corporations, not-for-profit organizations, investment managers, hedge fund managers, and high-net-worth families.
SEI manages or administers $869 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $335 billion in assets under management and $530 billion in client assets under administration.
We hope that our putting some light on SEI helps our clients to understand why we’ve chosen to partner with SEI for so many years.