Product & Service Launches

Madison Investments Expands Retirement Plan Offerings With CIT Launch

Madison Investments, an employee-owned investment management firm, announced the launch of its collective investment trust offerings, with SEI Trust Co. serving as the CIT trustee.

The new CITs are designed to allow retirement plans to provide actively managed stock or bond portfolios to help plan participants pursue their retirement goals. The strategies include mid-cap, large-cap and core bond. The CITs are available to all qualified retirement plans that utilize CITs.

“Our CITs offer the same disciplined, active management that has earned our portfolios a reputation for reliability and quality,” said Steve Carl, chair of Madison’s executive committee, in a statement. “We are excited to be partnering with SEI on this new endeavor and believe this continues to exhibit to the marketplace our commitment to providing our clients efficient and cost-effective solutions.” 

Zeplyn Launches New Workflow Capabilities for Advisers

Zeplyn, an artificial intelligence platform for wealth management firms, announced a suite of practice management capabilities for advisers. Built on AI, the new features leverage insights captured during client meetings and extend them into new workflows that identify “actionable trends” and streamline the client engagement experience.

“While wealth management firms have been largely cautious about AI, testing the field with low-barrier tools like note-takers, we’ve seen a significant shift,” said Era Jain, co-founder and CEO of Zeplyn. “The combination of our note-taking solution and intelligent workflows has sparked genuine interest about other critical business aspects AI can address.”

The suite of offerings introduces more than 15 new features, including an adviser hub, advanced meeting prep, custom meeting intelligence, comprehensive client recaps and compliance checklists.

SEI Launches Alternative Investment Product Marketplace

SEI announced the launch of its alternative investment product marketplace through SEI Access—a platform designed to provide increased access for wealth managers and financial advisers.

SEI Access is broadly available to all registered investment advisers, wealth managers and broker/dealers in the U.S., subject to applicable eligibility and regulatory requirements.

SEI Access offers wider access to alternative investment products across a variety of asset classes and fund managers, including recent additions Constitution Capital Partners, Golub, Neuberger Berman, OpenVC, StepStone Group and Tall Trees Capital Management, as well as long-time subscription automation technology clients Cantor Fitzgerald, Capital Square and InvestX.

“Access to alternative investment products remains largely exclusive to institutions and high-net-worth investors—and challenges with disclosures, fee structures, valuations, reporting, and manual processes persist,” said Kevin Crowe, senior vice president and head of SEI Access. “SEI Access not only provides automated processing power, but it will deliver wider access to in-demand alternative investments, increased transparency, and robust educational tools to help advisers make confident, personalized financial decisions that align with their clients’ wealth goals.”