Under the agreement SEI will provide administrative support to Berry which will ensure that the firm maintains the quality of service it is offering to its clients.
Commenting on the partnership Jamie MacLeod, CEO Berry Asset Management, said, "By investing in SEI’s technologies, and working in close collaboration, we can focus on our core activity, managing assets for High Net Worth Individuals and supporting our introducers, whilst SEI delivers some, but not all, of the administration support function.
"Our partnership with SEI represents a very significant investment in time and financial resource for our business, and it makes good sense for Berry to deploy its resources in this way."