Assign Fees
The Assign Fees action allows a user to replace, add, or remove an existing fee package on an Account or Fee Group.
SEI Private Trust Company will continue to add the account level fees per the application.
Create Trade Set
Create Trade Set will allow you to buy, sell, or exchange assets for a client's account via the SEI Wealth Platform Advisor Desktop. When entering a Ticker or Asset Name that is not currently subscribed, you will receive a message, stating "No matches were found." If you are looking to buy an asset which has not yet been subscribed, the buy will need to be submitted to SEI using the appropriate Trading Form and you will not be able to use the screens to complete the buy.
Disburse Cash
The Disburse Cash action was designed to allow advisors to easily submit a disbursement for a client on-line without having to complete a form and send it to the SEI Private Trust Company.
The Disburse Cash action also has the ability for a client or authorized signer to electronically sign the distribution through the use of DocuSign, where applicable. The Electronic Signature feature is discussed in detail after the Complete Disbursement Request section.
Initiate Rebalance
Initiate Rebalance will allow for an off-schedule rebalance of a Firm Custom Strategy or SEI Strategy and will report the trade orders needed to rebalance the strategy.
Manage Fee Groups
The Manage Fee Groups action allows a user to easily Create, Modify, or Delete Fee Groups without having to complete a form and send it to the SEI Private Trust Company.
Manage Fees
The Manage Fees action allows a user to easily Create Fee Packages (Schedules) without having to complete a form and send it to the SEI Private Trust Company.
This includes Flat and Tiered amounts, with the options of: Flat Amount, Flat Percentage, and Tiered Percentage. The ability to exclude specific assets from the fee package is also available.
Manage Statement
The Manage Statement action will allow you to change a statements destination address, add a statement package to an account or group of accounts, or add a statement package to an existing statement group. The ability to create a new statement package or modify an existing statement group is not available through the Manage Statement action at this time. In the case that an ability is not available through the Manage Statement action, the Consolidated Statement Set Up/Change Form will need to be submitted through the Manage Forms action.
Modify Contact Information
The Modify Contact Information action will allow you to change, add, or remove the address, phone number or email address for a client or third party via the SEI Wealth Platform Advisor Desktop. Changing an existing client address will also update any purpose linked to that existing client address i.e., investor statement or disbursement. Such purposes will not be mailed to the newly updated client address, although an address confirmation letter will be sent to the old and new address.
Modify Strategy Assignment
Modify Strategy Assignment will allow you to replace or remove a strategy on an account's portfolio. Please note: In order to change the strategy on an SEI Managed Account or DFS Account, you must continue to submit the appropriate SEI form.
Schedule Cash Receipt
The Schedule Cash Receipt action allows you to set up and invest recurring cash receipts (also known as AIP or Auto Invest Program) to a specific portfolio. The action can be launched from the Client or the Account level within the Actions menu.
Strategies Management
The Manage Strategies dashboard provides the ability to view all available strategies and their usage within your firm. If you are entitled to firm level strategy management, you will also be able to create, copy, modify, and delete custom strategies within this dashboard.
Please note that modifying a custom strategy will affect all accounts within your firm that are assigned to that strategy.
Tax Harvesting
Step-by-step guide to harvesting tax gains and losses from your clients' accounts.
Transfer Cash
The Transfer Cash action allows you to transfer cash between portfolios within an account.