OAKS, PA — SEI® (NASDAQ: SEIC) is rolling out a broad expansion of its tax-management and overlay capabilities across its separately managed account (SMA) and unified managed account (UMA) platforms, giving financial advisors more sophisticated tools to customize portfolios and strengthen after-tax returns for investors.
The enhancements deepen SEI’s long-running focus on tax minimization, an area that high-net-worth advisors consistently rank as their top priority. According to Cerulli data, 73% of such advisors say tax minimization is the most important objective in their investment process.
SEI’s upgraded system integrates tax considerations throughout the full wealth-management workflow—from transition analysis and initial portfolio design to daily oversight, tax-lot processing, and client reporting. The company says the revamped structure aims to give advisors greater control and transparency at every stage.
A key feature of the expansion is a more flexible tax-transition process, allowing advisors to incorporate both individual securities and ETFs into new portfolios while evaluating potential tax impacts. Coordinated overlay management also helps reduce wash-sale risk across SMAs, direct-indexing strategies, and multi-manager UMAs.
SEI has added tools that allow advisors to set annual capital-gains budgets, automate daily tax-loss harvesting, and generate clearer client reporting. That includes an “Estimated Taxes Saved” report quantifying year-to-date and since-inception tax benefits.
“These enhancements underscore our focus on simplifying the complex and empowering investors,” said Erich Holland, head of client experience for SEI’s Advisor business. “Taxes are the biggest drag on investor returns, and for advisors, that means every dollar saved through tax optimization is an opportunity to deepen client relationships and deliver measurable value.”
Holland said the expanded capabilities create a more modern tax-optimization framework, enabling advisors to operate with greater agility while helping clients keep more of their investment gains.
SEI’s updated platform is designed to support long-term tax efficiency at scale—something the firm says will be increasingly important as advisors look to differentiate their offerings and manage customized portfolios more efficiently.
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