SEI research finds 71% of wealthy investors say advisors never ask to manage more assets

• SEI research found 71% of high-net-worth investors say their advisor has never asked to manage more assets.
• Surveys showed 88% keep some assets held away; 47% keep 75% or less with their primary advisor.
• Tax savings was the top consolidation trigger at 46%; more than one-third would move assets within a year if savings were quantified.
• Advisors reported heavy operational drag: 48 hours per month on household-level tasks, rising to 65-67 hours for larger books.
• Only 49% said they can quantify benefits across every household practice; 30% cited inadequate technology as a scaling barrier.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SEI Investments Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609100900PR_NEWS_USPR_____PH43883) on September 10, 2026, and is solely responsible for the information contained therein.