Core Insights - SEI has been selected by Summit Wealth Group to support its transition to a registered investment advisor (RIA) model, enhancing flexibility and control over business growth [1][4] - Summit Wealth Group aims to improve client experience and drive organic growth by establishing an independent RIA, moving away from its previous model [2][3] Company Overview - Summit Wealth Group, founded in 1985 by CEO Randy Morris, operates 10 offices across five states and specializes in a planning-first approach to client relationships [2][8] - SEI is a leading global provider of financial technology, operations, and asset management services, managing approximately $1.6 trillion in assets as of March 31, 2025 [6] Strategic Partnership - The partnership with SEI is characterized by a collaborative approach, focusing on cultural alignment and support for Summit's growth vision [3][5] - Summit Wealth Group plans to migrate approximately $2.1 billion in assets to the SEI Wealth Platform, leveraging SEI's integrated custody and investment management services [4][7] Service Offerings - SEI's Wealth Platform provides an outsourcing solution for wealth managers, combining wealth processing services with business process expertise to support strategic objectives [7] - SEI emphasizes a relationship-driven and client-centered approach, aiming to empower investors and revolutionize business operations for RIAs [5][6]