SEI Investments

(SEIC) - Get Report

, a provider of outsourced asset management and investment operations services, signed a distribution agreement with broker-dealer Next Financial Group.

Under the agreement, the companies plan to provide independent investment advisers greater access to SEI's services through Next's global management account program.

SEI's shares were trading up 23 cents at $56.68 Wednesday.

This story was created through a joint venture between and IRIS.