SEI LifeYield

Managing director Jack Sharry has long wanted a unified managed household (UMH) approach to his own finances. Life got in the way. But not anymore. Read Jack’s newest contribution to FA Magazine about how he and his wife switched financial advisors to one with the smarts, experience, and technology to: -?Generate tax alpha for their household. -?Prepare for when they’ll decide to begin taking #retirementincome. -?Advise on financing and debt strategies. -?Create an estate plan that addresses their family and charitable intentions. #seic https://lnkd.in/eBADu_JZ?

The midlife crisis isn’t entirely a cliché, as this week’s WealthTech on Deck guest explains. Steven Miyao, an executive coach and mid-career transition expert, described to podcast host Jack Sharry how he works with clients to redefine their purpose – their “why?” – and pivot to opportunities that align with their values and desired lifestyle and not the other way around. A longtime entrepreneur, Miyao works with many executives in financial services to identify their “zone of genius” – where their skills and passion intersect – then chart a course toward living the life they want, not the one others expect of them. https://lnkd.in/eSH6ijdS

Edward Jones continues to think big. Listen to this week’s WealthTech on Deck podcast with Jack Sharry to hear his eye-opening conversation with Russell Tipper, who is now the General Partner in charge of Products at Edward Jones. This includes strategy, platform construction and management for Edward Jones Investment Advisory solutions.? An experienced leader who’s worked at Capital Group/American Funds, Merrill Lynch and other name brands. Tipper described Edward Jones’s fast-moving and far-reaching investments in financial planning, portfolio development, insurance underwriting, and generative AI. #wealthmanagement #fintech #financialadvisors https://lnkd.in/eRRUw7i9

Wealth management technology consulting has been a successful business for Doug Fritz, founder and executive chairman of F2 Strategy. But, as Fritz told host Jack Sharry on this week’s WealthTech on Deck podcast, “every dog has its day.” To continue to meet the needs of wealth managers – whether they manage $5 million or $50 billion – F2 added marketing talent and technology to its services. “Martech makes it real … and we know our clients needed it,” Fritz said. https://lnkd.in/eBUpVp2x

Matthew Gray is head of employer markets at Allianz Life. He’s also an actuary, so when he says he can show you the math, he’s serious. Gray joined WealthTech on Deck host Jack Sharry this week to discuss his company’s recent announcement of its alliance with wealth and retirement benefits titan Empower to offer a fixed index annuity option within defined contribution plans. The product has a host of features that may be attractive to workplace savers counting on their 401(k), 403(b) and 457 plans for a large measure of their retirement income, Gray said. Listen to hear more about how the product addresses workers’ hunger for products and services to help them prepare for a financially secure retirement. ? #definedcontributiont #annuities #retirementincome https://lnkd.in/e5-5d7xN

It’s textbook design for organic growth in financial services. 1.?Make it easy to do business with you. 2.?Give financial professionals technology that enables conversations with investors. 3.?Listen to your producers, then act on their suggestions. This week’s guests on WealthTech on Deck with Jack Sharry are Jan Buchsbaum, chief product officer of Nassau Financial Group and Mark Fitzgerald, national sales manager. They described how Nassau Financial Group executed this strategy to enjoy strong sales growth, in part through its integration of SEI LifeYield technology. ? https://lnkd.in/ewrEscSb

No matter if you count AUM in millions, billions, or trillions, if you’re a wealth manager, you’re facing the same challenges: enlarged client expectations, the rise of AI, the need for organic growth.? This week’s WealthTech on Deck podcast is a replay of a conversation between host Jack Sharry and Jay Link, managing director at Bank of America Merrill Lynch and head of fiduciary programs and platforms. Link describes where he’s focusing his team and resources – on creating tax efficiency in clients’ portfolios, integrating formerly standalone platforms, and becoming a one-stop service provider. “I believe there’s never been a better time to be in the wealth management industry,” he said. “There’s so much change creating so many compelling opportunities for the bold and the curious.” https://lnkd.in/expY6kVV?

It seemed so obvious that a business like hers was needed that Lacy Garcia figured someone else had already started one. No one had, it turned out. So, she did. ?? Garcia is the CEO of Willow, a wealthtech platform serving advisors – with education, coaching, and marketing – and women and next-generation investors looking to be matched with advisors who “get them.” Listen to this week’s WealthTech on Deck podcast with host Jack Sharry to learn about what Willow does and why it attracted a minority investor in asset management giant BlackRock. https://lnkd.in/eN7tA92v

You can’t help but notice Harrison Ford is still acting at 82, and Bruce Springsteen is still rocking at 75. ? Ken Dychtwald, this week’s guest on WealthTech on Deck, said financial advisors had better be tuned into the paradigms of aging of those and other prominent people – like Warren Buffett (94) and Tom Cruise (62) – present. ?? ? “More and more people today are realizing that they don't want to live a longer life just to be old longer,” Dychtwald told host Jack Sharry. “They want a more cyclic life. They want to maybe retire a couple of three times, maybe take sabbaticals, maybe go back to school.” ? Financial advisors need to ask people approaching retirement or living it, “What are you thinking about in this next chapter in your life?” ? https://lnkd.in/ehnUZvnF

In his latest article for FA Magazine, Jack Sharry writes about how smart firms are identifying the best use of their intellectual capital and property and seeking out the top partners for the rest. Case in point: Michael Lane, EVP and head of asset management at SEI. Lane has a packed calendar of meetings with other industry leaders about working together to create better experiences and solutions for advisors and investors. Jack identifies the trends that Lane and others see as opportunities through partnerships, including: - Investors’ appetite for alternative investments. - RIAs seeking greater automation to grow their businesses and serve their clients. - A swelling of interest in tax-efficient investing and retirement income solutions. #futureofwealthmanagement #seic