Evercore Wealth Management offers high net worth individuals and institutional investors investment, trust, and financial planning services. In May this year Evercore acquired the Bank of America Special Fiduciary Services Division and established the Evercore Trust Company to focus on investment management, independent fiduciary, and trustee services to independent benefit plans of large corporations.

Approaching its one-year anniversary, Evercore has accumulated approximately $21 billion in assets under management and administration.

SEI is providing Evercore its Wealth Processing Solution. Services include operational outsourcing and browser-based applications, integrated with a system to help firms manage clients across their lifecycles and manage money across market cycles.

SEI provides outsourced asset management, investment processing and investment operations solutions. At 30 September 2009, through its subsidiaries and partnerships in which the company has a significant interest, SEI administered $383 billion in mutual fund and pooled assets and manages $156 billion in assets.