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SEI Investments Company (SEIC) is a Pennsylvania-based corporation that provides innovative solutions, services, and infrastructure to wealth managers, financial advisors, investment managers, family offices, and institutional and private investors. The company specializes in investment processing, investment operations, and investment management, offering a range of technology-enabled platforms and outsourcing services. SEIC supports its clients in creating and managing wealth through comprehensive investment strategies and operational capabilities.
- Investment Operations Fees - Provides business process outsourcing services for investment managers and asset owners, supporting traditional and alternative investments with technology-enabled analytics, administrative services, and fund accounting capabilities.
- Investment Management Fees from Investment Management Agreements - Offers investment management services through agreements with clients, delivering tailored solutions for wealth creation and management.
- Investment Management Fees from Pooled Investment Products - Manages pooled investment products, enabling clients to access diversified investment opportunities.
- Investment Processing Fees - PaaS (Platform as a Service) - Delivers platform-based investment processing services, including advisory and client relationship technologies for wealth managers.
- Investment Processing Fees - SaaS (Software as a Service) - Provides software-based investment processing solutions, focusing on accounting and back-office processing services.
- Account Fees and Other - Includes additional fees related to account management and other miscellaneous services.
- Professional Services Fees - Offers specialized consulting and professional services to support client-specific needs.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Alfred P. West, Jr. ExecutiveBoard | Executive Chairman | None | Founder of SEIC, served as CEO from 1968 to 2022, and transitioned to Executive Chairman in June 2022. | View Report → |
Mark A. Warner Executive | Chief Accounting Officer (CAO) | Member, American Institute of Certified Public Accountants and Pennsylvania Institute of CPAs | With SEIC since 1990; promoted to CAO in March 2023 after serving as Director of Financial Accounting and Reporting. | |
Michael N. Peterson Executive | General Counsel | None | Joined SEIC in June 2018; previously a partner at Morgan, Lewis & Bockius LLP and Reed Smith LLP. | |
Philip N. McCabe Executive | Executive Vice President | None | With SEIC since 1989; promoted to EVP in March 2022 after serving as Senior Vice President. | |
Ryan P. Hicke Executive | Chief Executive Officer (CEO) | Board Member, Philadelphia Alliance for Capital and Technologies | CEO since June 2022, with 24 years at SEIC in asset management and technology roles. | View Report → |
Sean J. Denham Executive | Chief Financial Officer (CFO) | None | Joined SEIC in March 2024; previously a partner at Grant Thornton with expertise in accounting, audit, and M&A. | |
Carl A. Guarino Board | Director | CEO, WizeHive, Inc. | Director since 2014; former EVP at SEIC and CEO of Procurian Inc., with expertise in IT and investment advisor segments. | |
Carmen V. Romeo Board | Director | None | Director since 2004; former CFO and EVP at SEIC, with a background as a CPA and private investor. | |
Jonathan A. Brassington Board | Director | Board Member, University of Pennsylvania (Engineering); Board Member, Philadelphia Alliance for Capital and Technology; Trustee, Misericordia University | Director since 2022; expertise in digital transformation and technology, previously CEO of LiquidHub. | |
Kathryn M. McCarthy Board | Director | Director, Rockefeller Trust Company, NA; Member of several family office boards and investment committees | Director since 1998; extensive experience in wealth management and financial advisory roles. | |
Stephanie D. Miller Board | Director | CEO and Director, Hazeltree | Director since 2023; extensive leadership experience in financial services, including CEO roles at Intertrust Group and Hazeltree. | |
William M. Doran Board | Director | Trustee for multiple SEI-related investment trusts and funds | Director since 1985; former partner at Morgan, Lewis & Bockius LLP, with extensive legal expertise in regulated subsidiaries. |
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Despite recent improvements in client retention within the private banking segment, which has historically faced significant client cancellations and recontracting events, what specific measures have you implemented to mitigate these risks, and how sustainable are these improvements moving forward?
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Given your record stock repurchases of $259 million in Q4—the highest in SEI's history—does this signal a strategic shift in capital allocation away from M&A towards returning capital to shareholders, and how do you justify this in light of potential growth opportunities through acquisitions?
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With ongoing headwinds in the institutional investors segment due to client annuitizations and defined benefit plan terminations, how do you plan to offset these structural challenges and stabilize or grow revenue in this segment?
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The increased incentive compensation had a 210 basis point negative impact on consolidated margins in Q4; how do you plan to manage compensation expenses to ensure margin expansion while continuing to reward employees in future periods?
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As you aim to consolidate overlapping areas within your asset management businesses to fund new market investments, how will this restructuring impact current operations, and what risks might it pose to your existing business and employee morale?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
LifeYield | 2024 | SEI Investments Company announced its acquisition of LifeYield on December 11, 2024, to integrate real‑time, automated unified managed household (UMH) capabilities and tax‑smart solutions (asset location, tax‑loss harvesting, etc.) into its SEI Wealth PlatformSM, although the deal is not considered material to overall operations. |
Altigo | 2023 | SEI acquired Altigo, a cloud‑based technology platform focused on alternative investments, on December 21, 2023. The acquisition is intended to streamline the investment process and expand SEI’s alternatives offerings via a SaaS model, while being non‑material to financial results. |
XPS Pensions (Nexus) Limited | 2023 | SEI Investments (Europe) Limited completed an option agreement to acquire XPS Pensions (Nexus) Limited, announced on July 13, 2023, with a total cash consideration of up to £42.5 million (including deferred performance‑based payments). The deal bolsters SEI’s presence in the UK defined contribution pensions market, subject to regulatory approvals and a strategic carve‑out of assets. |
Finomial Corporation | 2021 | SEI acquired Finomial Corporation on October 18, 2021; the cloud‑native fintech firm specializes in investor lifecycle and compliance solutions. Although the deal was not financially material, it strategically enhanced SEI's technology platform and regulatory compliance capabilities. |
Novus Partners | 2021 | SEI Investments Company acquired Novus Partners on November 12, 2021, gaining a global portfolio intelligence platform that provides advanced analytics, performance measurement, and reporting tools. The acquisition, which included 49 full‑time employees and expanded geographic reach to New York, London, Austin, and Zurich, supports SEI’s one‑stop digital solution for institutional investors despite its non‑material impact on financial results. |
Recent press releases and 8-K filings for SEIC.
SEI Investments Co Increases Share Repurchase Program
- SEI Investments Co boosted its share repurchase program by an additional $500 million, bringing the total authorization to approximately $556 million (including $56 million remaining from the previous program).
- The company, a leading global provider of financial technology, operations, and asset management services managing approximately $1.6 trillion in assets as of Dec. 31, 2024, aims to support its clients' growth objectives.
SEI Investments Increases Stock Repurchase Authorization
- SEI Investments Company increased its stock repurchase program by an additional $500 million, bringing the total available authorization to approximately $556 million (including $56 million remaining from prior authorization).
- The announcement was made on March 18, 2025, with details communicated via a press release and incorporated in their Form 8-K.