Advisor Flipbooks

Goals-based management series. How we help protect your assets. SEI Private Trust Company does not commingle your assets with its own or other investors. Brokers and banks can commingle investor funds. They can lend securities, offer margin lending and use their clients' assets as collateral for their own borrowing. As a federal savings association, SEI Private Trust Company does not commingle funds or use client funds in its own account for any use because all client assets are held in an account under the client's name. SEI Private Trust Company does not participate in margin lending, in which client assets are used as collateral for the broker's or bank's lending activities. SEI Private Trust Company cannot pledge, lend or margin client assets that are held in its custody. SEI Private Trust Company — not an outside firm — maintains custody of all client assets. SEI does not allow custody of client assets by any of the investment firms with which we work. Instead, all assets are held at SEI Private Trust Company. While advisors and our third-party money managers are responsible for security selection, we do not send client funds to these firms. We do not purchase products from these firms. They are simply granted access to trade securities on our platform, which we then monitor. And even though we do not allow outside firms to custody our clients' assets, we still perform rigorous due diligence on each of those firms. Insurance To help protect investors from employee errors and omissions events, SEI maintains a current Errors and Omissions Profes- sional Liability policy. In addition, SEI provides fidelity bond coverage for protection against employee dishonesty, including forgery or alteration, premises, transit, counterfeit currency, computer systems and other coverages. Services As the custodian of your financial assets, SEI Private Trust Company is responsible for the following services: Safekeeping: Storage of your financial assets Reporting package: Periodic statement reporting that details your account value and activity, quarterly performance reports, and year-end tax reporting to assist you in completing your income tax forms Trade settlement: Receipt and delivery of securities and collection and distribution of proceeds from purchases and sales Income distribution: Collection and payment of dividends and interest payments Custodian-to-custodian transfers: Accounting for the movement of securities from and to other custodians Cash processing: Collection of assets and distribution of withdrawals Corporate action accounting: Accounting for activities such as stock splits and mergers One of the most powerful aspects of wealth is that its impact can extend beyond today.

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