Oaks, PA-based SEI has appointed Paul Swanson as head of U.S. asset management distribution, responsible for developing and maintaining strategic relationships with large distributors, driving asset and revenue growth, and managing SEI’s strategic sales plan for the company’s U.S. asset management distribution efforts.
Target firms will include wirehouses, insurance companies, retirement platforms, and regional, national, and global banks.
Paul joins SEI from Lincoln Financial Distributors where he served as head of sales for the defined contribution intermediary channel.
“Paul’s background in financial services and extensive experience in sales will be valuable as we continue to build momentum and achieve our goals for future growth,” stated Kevin Barr, Head of SEI’s Investment Management Unit.
“SEI’s investment programs are powered by a disciplined, institutional investment process and Paul’s appointment will help us to continue our success and develop new business opportunities.”
SEI is a provider of investment processing, fund processing, and investment management business outsourcing services. As of December 31, 2011, SEI manages or administers $404 billion in mutual fund and pooled or separately managed assets.