SEI Investments Company announced enhancements to its integrated tax management capabilities for separately managed accounts (SMAs) and unified managed accounts (UMAs), expanding advisors’ ability to personalize portfolios, manage embedded unrealized gains, and pursue improved after-tax outcomes for investors. SEI’s integrated approach to tax management is designed to incorporate tax considerations across portfolio design, implementation, trading, and ongoing management. The latest enhancements build on SEI’s nearly two decades of tax overlay experience and a significant expansion of tax-management capabilities in 2025, further strengthening the firm’s offering by broadening the universe of eligible securities, increasing flexibility during portfolio transitions, and providing advisors with greater systematic control over capital gains realization.
The enhancements further support coordinated tax-loss harvesting, wash-sale awareness, portfolio optimization, and investor reporting through SEI’s integrated tax-management process. New capabilities are designed to give advisors greater control and flexibility, including: Expanded asset eligibility designed to incorporate eligible mutual funds* alongside exchange-traded funds (ETFs) and individual securities within SEI’s tax-management framework, expanding opportunities to transition existing portfolios while seeking to minimize tax consequences. Enhanced tax transition optionality, where a new implementation option provides greater flexibility for investors with significant unrealized gains, enabling portfolios to transition over time based on balancing tax-sensitive objectives with traditional tracking-error constraints.
Greater gains budget control and systemization that enables advisors to establish specific annual net realized gains targets, helping them align portfolio implementation and ongoing management with investor tax preferences and planning objectives.
