Sei Invts Co Stock Price, News & Analysis

SEI Investments Company (NASDAQ: SEIC) will release its second-quarter 2022 earnings on July 20, 2022, after market close. A conference call will follow at 4:30 p.m. Eastern Time to discuss the financial results. The public can listen to the call and access replays via the SEI website. As of March 31, 2022, SEI managed approximately $1.3 trillion in assets across investment processing, operations, and asset management.

SEI (NASDAQ: SEIC) has launched the SEI Strategies featuring Dimensional, a suite of model portfolios using ETFs from Dimensional Fund Advisors. This initiative aims to enhance investment flexibility for independent advisors and registered investment advisors (RIAs) via the SEI Wealth Platform. The six model portfolios address various investment goals and risk levels, integrating SEI's asset allocation with Dimensional's ETFs. The partnership focuses on meeting growing investor demands for personalized wealth management.

SEI (NASDAQ: SEIC) has announced its commitment to accelerate growth in the registered investment advisor (RIA) market, supported by a comprehensive range of services and solutions. SEI has appointed Gabriel Garcia as the Head of RIA Client Experience to drive strategy. With over $29 billion in RIA assets under custody, SEI emphasizes integrated technology and custody solutions, open-architecture investment platforms, and business consulting services. The company's focus is on providing personalized support to RIAs, enhancing their ability to grow and adapt in a changing financial landscape.

SEI (NASDAQ: SEIC) has appointed Sanjay Sharma as the leader of its Private Banking business segment, effective immediately. With over 25 years of experience in financial services, Sharma's focus will be on driving growth via technology, operational, and investment solutions for wealth management organizations in the U.S. and U.K. Previously, he served as Chief Technology Officer at SEI, where he oversaw IT strategy and platform delivery. CEO Ryan Hicke emphasized that Sharma's expertise aligns with SEI's commitment to leveraging technology for business growth.

SEI (NASDAQ:SEIC) announced a new strategy to enhance talent attraction and development, launching a voluntary separation program for long-tenured employees. This program aims to provide professional development opportunities and increase advancement for existing and new talent. Eligible employees in the U.S. can choose to participate until early July 2022, with departures expected before year-end. The financial impact of this program will be reflected in the third-quarter results. CEO Ryan Hicke emphasized the need for this change to foster growth and diverse perspectives within the company.

Vontobel has partnered with SEI Trust Company to launch a suite of Collective Investment Trusts, enhancing investor access to reliable retirement solutions. This initiative features four strategies: Vontobel International Equity Trust, Vontobel Global Equity Trust, Vontobel Emerging Markets Equity Trust, and Vontobel US Equity Trust. The Quality Growth Boutique at Vontobel aims for absolute returns and risk mitigation through stable growth investments. The low-cost CIT structure is expected to improve investment outcomes for retirement participants, aligning with growing demand for such vehicles.

The Board of Directors of SEI Investments Company (NASDAQ: SEIC) announced a semi-annual dividend of $0.40 per share on June 1, 2022, payable to shareholders of record on June 13, 2022, with a payment date of June 22, 2022. Additionally, the company increased its stock repurchase program by $200 million, bringing the total authorization to approximately $264 million. As of March 31, 2022, SEI manages about $1.3 trillion in assets.

SEI (NASDAQ: SEIC) announced the launch of its first ETF suite on May 18, 2022, featuring four factor-based large-cap strategies designed for goals-based wealth management. The ETFs include:

• SEI Enhanced U.S. Large Cap Quality Factor ETF
• SEI Enhanced U.S. Large Cap Momentum Factor ETF
• SEI Enhanced U.S. Large Cap Value Factor ETF
• SEI Enhanced Low Volatility U.S. Large Cap ETF

These actively managed funds aim for long-term capital appreciation with a 15 bps management fee. As of March 31, 2022, SEI managed approximately $1.3 trillion in assets.

SEI (NASDAQ: SEIC) has launched 12 new tax-sensitive investment strategies featuring Capital Group ETFs and American Funds, aimed at enhancing wealth management for independent advisors. These hybrid portfolios aim to maximize tax efficiency in equity and fixed income allocations while providing customization options within the SEI Wealth Platform. J. Womack emphasized the need for personalization in investment portfolios, while Holly Framsted highlighted the strategic flexibility these solutions offer to investors. SEI manages approximately $1.3 trillion in assets as of March 31, 2022.