SEI Investments FY Conference Summary Company Overview - **Company**: SEI Investments (NasdaqGS:SEIC) - **CEO**: Ryan Hicke - **Focus Areas**: Wealth management, asset management, administration, and advice services following the acquisition of Stratos [2][3] Core Business Segments - **Investment Managers Services**: Provides fund administration to alternative and traditional investment managers [3] - **Banking Business**: Offers technology capabilities combined with back-office services to large global banks and regional/community banks in the U.S. and U.K. [3] - **Asset Management**: Targets institutional clients, including defined benefit schemes and foundations, and leverages expertise for intermediary advisors [4] Strategic Growth Areas 1. **Reimagining Asset Management**: Transitioning from turnkey asset management to a more open architecture for larger advisors, with 8,000 advisors as clients [6][7] 2. **Wealth Management Capability**: Expansion into the advice space through the acquisition of Stratos, aiming to capture fee-based advisory revenue [9][10] 3. **International Market Growth**: Focus on improving international margins, with 85% of revenue from the U.S. and 15% from non-U.S. markets [11] 4. **Data-Driven Decision Making**: Shift towards strategic investments in specific segments based on market opportunities and competitive landscape [12] 5. **Professional Services Expansion**: Introduction of SEI Data Cloud to enhance client offerings and operational capabilities [13][14] Financial Performance and Capital Allocation - **Strong Balance Sheet**: SEI maintains a robust financial position with significant cash flow, prioritizing reinvestment in business growth [21][22] - **Investment in Technology**: Recent investments include AI-native platforms like Avantos to enhance operational efficiency and client service [24][25] - **Venture Opportunities**: Exploring M&A and partnerships to integrate world-class capabilities, as demonstrated by the acquisition of Stratos [23][24] Market Position and Competitive Advantage - **Private Credit Administration**: SEI is a leading private credit administrator, focusing on committed capital rather than mark-to-market revenue [41][42] - **Client Referenceability**: Strong relationships with existing clients enhance SEI's reputation and attract new business through positive referrals [50][51] - **Complexity Handling**: SEI's ability to manage complex operational needs positions it favorably against competitors in the investment management space [48][49] AI and Technology Integration - **Proactive AI Strategy**: SEI has been integrating AI capabilities for over two years, focusing on automation and enhancing service delivery [25][26] - **Client Demand for AI Solutions**: Clients are increasingly seeking SEI's expertise in leveraging AI for operational improvements [34] Conclusion - SEI Investments is strategically positioned for continued growth through its diversified service offerings, strong financial health, and proactive approach to technology integration. The company is focused on expanding its market presence, particularly in wealth management and international markets, while maintaining a commitment to client satisfaction and operational excellence.

SEI Investments Investor Day Summary Company Overview - **Company**: SEI Investments (NasdaqGS:SEIC) - **Event**: 2025 Investor Day - **Date**: September 18, 2025 Key Points Vision and Strategy - **Long-term Focus**: The leadership emphasizes building sustainable growth rather than short-term stock performance, highlighting the importance of repeatable wins and client satisfaction [6][9][60] - **Sales Events**: The company has experienced significant success in sales events, with three of the largest quarters occurring in the last six quarters, indicating a strong sales trajectory [8][10] - **Client Engagement**: Improved client engagement is a priority, with a focus on understanding client needs and expanding relationships across different units [11][20] Leadership and Talent - **Leadership Changes**: The company has made significant changes in leadership, infusing new talent to drive growth and innovation [13][29] - **Cultural Shift**: A cultural transformation is underway, promoting collaboration and breaking down silos within the organization [31][85] Growth Areas - **Asset Management**: The company is reimagining its asset management business, aiming for high single-digit annualized growth in assets under management (AUM) [71][72] - **International Expansion**: There is a focus on boosting international returns, with plans to improve margins and revenue in international markets [73][76] - **Enterprise RIAs and Community Banks**: The company is targeting enterprise registered investment advisors (RIAs) and regional community banks as key growth segments [49][48] Financial Performance - **Revenue Sources**: Over two-thirds of revenue comes from alternative asset classes, with a strong focus on private credit [68][70] - **Cost Management**: The company aims to improve operating margins through disciplined cost management and optimization strategies, including the establishment of a Global Capability Center in India [79][81] Capital Allocation - **Strategic Investments**: The company is shifting its capital allocation strategy to include more mergers and acquisitions (M&A) alongside traditional share buybacks and dividends [58][110] - **Balance Sheet Strength**: SEI maintains a strong balance sheet with zero debt and approximately $700 million in cash, targeting a positive leverage ratio to enhance investment capabilities [106][108] Operational Changes - **Segment Simplification**: The company is restructuring its reporting segments from five to three to simplify operations and improve clarity for investors [114][116] - **Horizontal Integration**: A shift from vertical to horizontal operational structures is being implemented to enhance collaboration and efficiency across business units [85][90] Market Positioning - **Competitive Landscape**: The leadership believes SEI is well-positioned to capitalize on market trends, particularly in the alternative investment space, and is focused on becoming a leader in this area [61][52] Employee Engagement - **Workforce Strategy**: The company is focusing on optimizing its workforce strategy, including the use of AI and automation to enhance productivity without compromising service quality [100][104] Additional Insights - **Client Perception**: The company is working to change how clients perceive SEI, moving from a single-threaded provider to a comprehensive service partner [21][20] - **Cultural Buzz**: There is a palpable excitement among employees and stakeholders, indicating a positive shift in company morale and outlook [119][120]