SEI Names Managing Director of DC Business

September 4, 2013 ( – SEI named Scott Brooks managing director of the Defined Contribution (DC) Business for SEI’s Institutional Group.

Brooks will lead the DC team in the ongoing strategy, development and execution of SEI’s DC solution to the corporate, nonprofit, government and multi-employer plan markets. Over the past few years, increased governmental regulations, public scrutiny and a challenging investment environment have led many plan sponsors to seek partnering with an investment outsourcing provider for added expertise and fiduciary management in helping their participants meet their retirement goals, according to SEI.

In his new role, Brooks will be responsible for the efficacy of SEI’s investment solutions in meeting DC clients’ goals, and implementing strategies for innovation and new business development.

Brooks has 24 years of investment experience working with retirement plan sponsors, advisers, consultants and recordkeepers. Prior to joining SEI, he served most recently as head of U.S. Defined Contribution for Deutsche Asset & Wealth Management’s Global Client Group – Alternatives, where he led all DC distribution and relationship management for the company’s real estate and infrastructure capabilities. Brooks has also held investment distribution leadership positions at JP Morgan Asset Management, Affiliated Managers Group and OppenheimerFunds, Inc.

SEI’s Institutional Group is a global provider of outsourced fiduciary management investment services.