Generally speaking, Rafa is correct that VSI can be installed anywhere you have the vSphere Client installed.  But unfortunately that does not apply to the SRA Utilities feature.  The reason is that VSI - SRA Utilities needs to talk directly to the EMC SRDF SRA (and also write out some .xml options files), so they need to be co-located.  This is the reason why it must be run from the SRM Server.  Brandon, what is it that you'd like to be able to do from your client using SRA Utilities?
I don't want to install vSphere Client and run the VSI on my SRM server.  Is there a way to avoid that?  Does everyone here run it like that on your SRM server?  
Why can't I install the SRA Utilities for VSI on my vCenter server?