, SEI Investments
(Nasdaq: SEIC ), a leading global provider of asset management and investment
technology solutions, today announced findings of a recent survey of financial
advisors addressing views on the changing wealth marketplace . More than 50% of advisors ranked that clients who'd
experienced a life event required a significant change in their financial
strategy - yet astoundingly, less than 50% of those advisors suggested that
they were paid for executing those services.

Company Contact: Media Contact:
Dana Grosser Caralyn Gilotti
SEI Investments Braithwaite Communications
610. Nuveen
Investments, Inc.

However, it may also be applied to those firms who manage the investment assets of smaller individual investors as well.

Money Mangers may also be known as Investment Managers, Investment Advisers, or Investment Advisors.

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" The group cited their greatest
obstacle to growth, however, was a limited capacity to evolve their roles over
the next five years .
"Advisors can see where the industry is headed and agree that it's drastically
changing. In total , the
Company manages approximately $119 billion in assets.

Monthly Portfolio Holdings Now Available For Nuveen's Taxable Closed-End ETFs

(NYSE: STA).

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"
"Today's wealthy clients demand a deeper set of services from their
financial advisors, which most independent advisors can't deliver on their
own," Guarino continued.

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The term is normally used in reference to the asset manager of large institutions such as bank trust departments, pension funds, insurance companies and mutual funds.

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The emerging need for "holistic advice" was a pressing concern for
advisors, ranking "accurate and unbiased advice " as the key to delivering
trusted advice in 35% of the survey respondents.com/etf
Nuveen Investments provides high-quality investment services that
contribute to the building of well-diversified investment portfolios.

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Respondents also indicated that the burden of day-to-day
tasks and responsibilities are overwhelming their ability to take advantage of
opportunities emerging from that shift.

Monthly Portfolio Holdings Now Available for Nuveen Closed-End ETFs

Nuveen Investments, Inc.

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Despite listing "holistic advice" as the
most important factor in delivering trusted advice, when asked about their
firms ' plans for success in the coming next five years, plans to include
additional specialists and add better services were some of the least cited.
"The findings of this survey confirmed that the traditional advisor model
needs to change," said Carl Guarino, head of the SEI Advisor Network.

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com .
Wacker Drive, Chicago, IL 60606.

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The SEI Advisor Network "Survey of Advisor Evolution" was conducted among
nearly 200 of SEI's independent financial advisor clients.

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Nearly 60% of advisors polled said that "offering competitively superior
services that help clients achieve their goals " defined their view of success
for their firms, but a majority of those advisors stated their strategy for
achieving success hinged on executing better marketing - again, not adding
specialists or broader services. The Company serves
institutional clients, financial advisors and high-net-worth
investors.

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For more information
about the survey results or the SEI Advisor Network, please call one of the
contacts listed.2459 215.564.

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As of the period ending March 31,
2005 , through our subsidiaries and partnerships in which we have a significant
interest, SEI administers $291.

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The industry gap between client expectations and today's advisory model
extends to compensation . The information will also be posted
to Nuveen's web site at www.

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Additional
questions and findings addressed areas such as firms' largest revenue sources,
as well as roles in the client/advisor relationship . To order a
hard copy, call 800-257-8787 or write to Nuveen Investments, 333 W. is listed on the New York Stock Exchange and trades
under the symbol "JNC. The firm's asset management capabilities are
marketed through four distinct brands, each with an independent
investment team and area of expertise: Nuveen, focused on fixed-income
investments; NWQ, specializing in value-style equities; Rittenhouse,
dedicated to conservative growth-style equities; and Symphony, with
expertise in alternative investment portfolios.
(NYSE: JNC) is an affiliate of The St. Paul Travelers Companies , Inc.

A Money Manager firm is paid a fee to supervise and make the investment decisions of others.

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SEI Survey Reveals Widening Gap Between What Wealthy Want and What Financial Advisors Are Delivering

Business Editors

CHICAGO----Nuveen Investments, a
leading provider of diversified investment services, today announced
that monthly portfolio holdings for its municipal closed-end ETFs as
of April 29, 2005, and monthly portfolio holdings for its taxable
closed-end ETFs as of March 31, 2005 , are now available. In total, the Company
manages approximately $115 billion in assets.

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The survey pointed to the
inconsistency between advisors' desire to offer holistic advice and the future
actions they planned for their firms.9 billion in assets, and operates 22 offices in 12 countries.nuveen."

The information will also be
posted to Nuveen's web site at www.

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The company 's innovative
solutions help corporations, financial institutions, financial advisors, and
affluent families create and manage wealth. For
more information, visit http://www. The firm's asset management capabilities are marketed
through four distinct brands, each with an independent investment team
and area of expertise: Nuveen, focused on fixed-income investments;
NWQ, specializing in value -style equities; Rittenhouse, dedicated to
blue chip growth equities; and Symphony, with expertise in alternative
investments and structured equity and income portfolios.

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More than 50% of advisors stated the industry "was in the middle of the
biggest change they'd ever experienced. Yet they just can't seem to keep up with it by relying on their
current resources.

About the SEI Advisor Network
The SEI Advisor Network provides independent advisors with outsourced
wealth management platforms that are designed to meet the demands of a new
generation of wealthy clients. To
order a hard copy, call 800-257-8787 or write to Nuveen Investments,
333 W.

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Demonstrating the shift in wealthy clients' attitudes toward goal
achievement rather than financial performance, when asked about their clients'
view of wealth, 33% of advisors ranked "overall well-being for the client and
family" number one -- above protection of assets, financial independence and
even accumulation of assets, which ranked last.seic.

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In an evolving wealth management industry, the
group offers an end-to-end process for successfully transforming their
clients' businesses in every critical area , including lead generation,
practice management, investment strategy and client relationship platforms .

About SEI
SEI Investments (Nasdaq: SEIC) is a leading global provider of asset
management and investment technology solutions.1 billion in mutual fund and pooled assets,
manages $123.676 .

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The survey
touched on a number of industry trends, but overall survey respondents
overwhelmingly agreed that the financial advisor industry was in the midst of
a fundamental shift.

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Wacker Drive , Chicago, IL 60606.

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com

com/etf

Nuveen Investments provides high-quality investment services
designed to help secure long-term client goals.

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SEI Survey Highlights Impediments to Delivering Holistic Advice Wealthy Demand

OAKS, Pa.3200 x12
cgilotti@braithwaitepr.

Business Editors

CHICAGO----Nuveen Investments, a
leading provider of diversified investment services , today announced
that monthly portfolio holdings for its taxable closed-end
exchange-traded funds as of January 31, 2005, are now available.nuveen.
The Company serves institutional clients, financial advisors and
high-net-worth investors.