SEI Investments Company has agreed to sell its Family Office Services division to Aquiline, a private investment firm specializing in financial services and technology. Post-transaction, the unit will operate under the Archway brand, known for its services to family offices.
This division offers technology and outsourced solutions for accounting, investment management, and reporting to family offices and financial intermediaries. As of December 31, 2024, the Archway Platform managed $723 billion in assets.
The sale, valued at $120 million, is expected to conclude in the late second quarter of 2025. Employees, including leadership, will transition to Aquiline, maintaining operations in Indianapolis, Denver, and Oaks.
Aquiline’s Managing Partner, Vincenzo La Ruffa, expressed enthusiasm for investing in and expanding the Archway Platform. Sandy Ewing, Head of SEI’s Family Office Services, acknowledged the team’s contributions and voiced confidence in Aquiline’s strategic focus to drive further growth. citeturn0search0