SEI Investments Acquires LifeYield, Boosts Multi-Account Tax Management

SEI Investments Co. (SEIC) acquired a Boston-based, tax-smart technology provider — LifeYield. This acquisition will enable SEIC to provide cost-effective automated, real-time unified managed household (UMH) capabilities in a fully bundled overlay solution. This approach will allow advisors to look across all account registrations and optimize clients' after-tax returns.The acquisition is not deemed significant in terms of asset size or material impacts on SEI's operations or financial performance. The Life ...