PFP Group, a UK-based provider of financial planning and wealth management solutions, has selected SEI Investments Company, a US-based provider of outsourced asset management, investment processing and investment operations solutions, to provide Global Wealth Services.

At the heart of SEI’s offering is the Global Wealth Platform (GWP) which will provide PFP with an operating platform to administer its discretionary business. PFP will also take advantage GWP’s client reporting tools designed to enhance the experience for existing and future clients.

Joseph Ujobai, executive vice president for private banking segment at SEI, said: "Signing PFP as a client in the UK continues to demonstrate the appeal our GWS solution has in market and its applicability to a broad range of firm types and needs presented by clients. This is further reflected by several strategic partnerships SEI has already announced this year, including UK wealth management earlier this week and the Cavanagh Group in February.

"PFP recognizes the importance of focusing on servicing clients and adopting a discretionary, fee-based model. The organization shares our ongoing commitment to growth and transformation and we are uniquely positioned to support them achieving their goals."