SEI Investments Company (SEIC) announced an enhanced integration with Canoe Intelligence ("Canoe") to boost operational efficiency for family offices via the SEI Archway Platform. This expanded relationship between both entities aims to automate the transmission of private equity and hedge fund valuations alongside private equity call and distribution data. Per a Preqin report, global alternative assets are projected to reach $23 trillion by 2027. Family offices allocated 42% of their investment portfolios ...

SEI Sphere Recognized for Advancements in Network Security, Threat Intelligence, and Managed Security Services Capabilities Company Contact: Media Contact: Emily Baldwin Kerry Mullen SEI Vested +1 610-676-3262 +1 201-674-4185 [email protected] [email protected] OAKS, Pa., July 31, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the company has been recognized with three awards for SEI Sphere®, which provides comprehensive cybersecurity and IT solutions designed to protect and optimize enterprise te ...

Integration Enhances Operational Efficiency and User Experience for Family Offices Sandy Ewing, Head of SEI's Family Office Services business, said: "Investors expect a personalized wealth management experience tailored to meet their individual financial goals, and alternatives can play an important role in portfolio diversification. Family offices require solutions that help make alternatives data more accessible and accurate given the complex and historically manual nature of the ongoing data management p ...

SEI Investments Co.'s (SEIC) second-quarter 2024 earnings of $1.05 per share surpassed the Zacks Consensus Estimate by a penny. The bottom line reflected a rise of 18% from the prior-year quarter's level. Net income was $139.1 million, up 17% from the year-ago quarter's level. Our estimate for the metric was $129.4 million. Total revenues were $519 million, up 6% year over year. The rise was driven by higher asset management, administration and distribution fees. However, the top line missed the Zacks Conse ...

Financial Services Leader's Diverse Experience to Bolster Strategic Growth OAKS, Pa., July 25, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced that Michael Lane will join SEI on Sept. 16, 2024 as an Executive Vice President and Head of Asset Management, reporting to CEO Ryan Hicke. In his role as a member of the Executive Management team, Lane will be responsible for the business and growth strategy for the company's Advisor and Institutional businesses in North America, as well as leading SEI's in ...

SEI Investments Company (NASDAQ:SEIC) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Leslie Wojcik - Investor Relations Ryan Hicke - Chief Executive Officer Sean Denham - Chief Financial Officer Sanjay Sharma - Members of Executive Committee Paul Klauder - Executive Vice President & Head of Advisor Business Phil McCabe - Members of Executive Committee Jay Cipriano - Members of Executive Committee Crispin Love - Piper Sandler Ryan Kenny - Morgan Stanley Owen Lau - Oppenheimer Jeff Schmitt - Willia ...

SEI Investments (SEIC) reported $518.99 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.1%. EPS of $1.05 for the same period compares to $0.89 a year ago. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Here is how SEI performed in the just reported quarter in terms of the ...

Investor/media contact: OAKS, Pa., July 24, 2024 – SEI Investments Company (NASDAQ:SEIC) today announced financial results for the secondquarter 2024. Diluted earnings per share were $1.05 in second-quarter 2024 compared to $0.89 in second-quarter 2023. 1 FOR IMMEDIATE RELEASE | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------|-----------------------------------|---------------------------|-------|-------------------------------------|---------------------|----- ...

Consolidated Overview "Our second-quarter results reflect 6% profit growth quarter over quarter, as our focus on capital allocation, operational leverage, and revenue growth is seeing real traction and delivering results. We also have momentum across our markets, particularly with the increased adoption of our platforms in our technology and operational businesses," said CEO Ryan Hicke. OAKS, Pa., July 24, 2024 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the s ...

SEI Investments (SEIC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of busin ...