The Growth Potential of Bank Trusts and Private Banks with Allie Carey

In this episode, Jack Sharry talks with Allie Carey, Chief Strategy Officer, SEI Private Banking and Wealth Management. Allie focuses on strategic planning, global wealth management industry assessment, global go-to-market strategies, channel partnerships, and M&A opportunities.

Jack and Allie talk about the role of bank trusts and private banks in wealth management. Allie shares how banks can harness their vast client base to drive organic growth, the opportunities in private banking, and how technology and data transform how banks serve their clients.

In this episode:

(00:00) - Intro

(01:51) - Allie's role at SEI

(03:10) - The need for evolving skill sets in the industry

(04:19) - How SEI serves clients

(08:03) - Opportunities for wealth management in the bank channel

(13:00) - SEI's growth strategies

(16:45) - Allie's thoughts on UMH

(18:14) - The future of private banks

(24:25) - Allie's key takeaways

(25:08) - Allie's interests outside of work

Quotes