SEI, a global provider of investment processing, management and operations, has created The SEI American Funds Strategies designed for independent financial advisors, the firm announced Monday.

The funds, which will be offered by Independent Advisor Solutions by SEI, are designed to provide greater flexibility for advisors and clients, the firm said.

The funds were created with a core of American Funds by Capital Group using its low-cost, F3 share class. They support a goals-based wealth management approach, align with growth-, stability- and income-focused goals, and benefit from the safety and security of assets being held within SEI Private Trust Company, SEI said.

"Our commitment, resources and insights to help advisors build better portfolios coupled with financial advice from a client's advisor is an important combination for clients to reach their long-term financial goals," said Bill Brady, senior vice president and head of wealth management distribution at Capital Group, a manager of equity assets.

The SEI American Funds Strategies span a range of risk-return options, allowing investors to seek different targeted levels of returns commensurate with different targeted levels of risk, SEI said.