SEI Investments Acquires LifeYield, Boosts Multi-Account Tax Management
Portfolio Pulse from
SEI Investments (SEIC) has acquired LifeYield to enhance its multi-account tax management capabilities. This acquisition will allow SEIC to offer automated, real-time Unified Managed Household (UMH) capabilities in a cost-effective, fully bundled overlay solution.
December 13, 2024 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SEI Investments has acquired LifeYield to improve its multi-account tax management services. This strategic move is expected to enhance SEIC's offerings by providing automated, real-time UMH capabilities.
The acquisition of LifeYield by SEI Investments is a strategic move to enhance its product offerings in tax management. This is likely to positively impact SEIC's stock price in the short term as it strengthens its market position and service capabilities.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90