Products November 5, 2007

SEI Offers Distribution Service for Advisers

SEI has launched Distribution-Focused Strategies (DFS), which enables advisers to provide clients with consistent distribution levels for retirement.
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An SEI news release said DFS, which is available to more than 6,500 SEI advisers, aligns clients’ available assets with life goals. The new product actively manages a portfolio of mutual funds to generate a consistent level of distribution for investors. The company said advisers determine distribution levels through a discovery process developed by SEI and customized to the advisers ‘ individual style. The announcement said DFS also features asset allocation.

“Today’s clients want a retirement that suits their lifestyles and the changes they’ll face — traditional products alone just can’t do that,” said Kevin Barr, Senior Managing Director, Program Development, SEI Advisor Network, in the news release.

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In a 2007 survey conducted by the SEI Advisor Network, reported that the number one reason for loss of clients is “unrealistic expectations,” while “lack of communication” ranked number two. The company said the new offering helps advisers communicate an investment approach they can explain to clients in a realistic manner.

Deals & People November 5, 2007

Osteopathic Group Works Out Lincoln Adviser Service Pact

Lincoln Financial Advisors has hammered out an agreement with the American Osteopathic Association (AOA) to give AOA members access to Lincoln advisers’ services.
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A Lincoln news release said that under the agreement, the more than 61,000 osteopathic physicians represented by the AOA are able to access the fee-based services by the Lincoln advisers including retirement income security planning, business continuation planning and wealth preservation.

“As business owners and professionals, doctors of osteopathic medicine face complex financial decisions daily. Having support from the right financial adviser can make a tremendous difference,” said Jeffrey Concepcion, Lincoln Senior Vice President of Market Access, in the news release.

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The AOA’s mission is to advance the philosophy and practice of osteopathic medicine by promoting education, research, and the delivery of quality, cost-effective health care.

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