Sei Invts Co Stock Price, News & Analysis

On January 31, 2022, SEI (NASDAQ: SEIC) announced a partnership with Maybank Group to provide investment services to Malaysian clients. The collaboration features SEI's manager selection platform and asset allocation strategies. As part of this initiative, Maybank launched the MAMG Liquid Alternative Fund, a private label feeder fund that aims to replicate the performance of the SEI Liquid Alternative Fund, traditionally available to accredited investors. This fund offers reduced fees and daily liquidity, enhancing investment opportunities for Malaysian investors.

SEI (NASDAQ: SEIC) announced a significant milestone, surpassing $100 billion in assets managed by independent advisors via the SEI Wealth Platform. This achievement reflects the company's commitment to enhancing its services through advanced technology and investment solutions. Initiatives in 2021 included the acquisition of Oranj, the launch of Digital Account Open, and the release of Digital Model Management. SEI also introduced new investment strategies, including SEI Systematic Core Strategies and SEI Domestic ETF Strategies, to improve investment flexibility for advisors.

SEI Investments Company (NASDAQ: SEIC) reported a strong financial performance for Q4 2021, achieving diluted earnings per share of $1.03, up 20% from $0.86 in Q4 2020. Total revenues rose to $501.65 million, a 13% increase year-over-year. The company's net income increased by 15% to $145.3 million. For the full year 2021, SEI reported revenues of $1.92 billion and net income of $546.6 million, both reflecting year-over-year growth.

Strategic acquisitions and a focus on R&D continue to drive SEI's growth prospects, positioning the company for increased shareholder value.

SEI Investments Company (NASDAQ: SEIC) will announce its earnings for Q4 2021 on January 26, 2022, after market close. A conference call discussing these results is scheduled for 4:30 p.m. Eastern time. Investors can participate via the company’s website, where replays of the call will also be available. As of September 30, 2021, SEI managed approximately $1.3 trillion in assets, delivering technology and investment solutions within the financial services sector.

SEI (NASDAQ:SEIC) launched two major technology enhancements—Digital Account Open and Digital Model Management—aimed at independent advisors using the SEI Wealth Platform. The Digital Account Open tool streamlines the onboarding process, allowing for fully digital account openings with features such as error detection and a cohesive dashboard. Meanwhile, Digital Model Management enhances portfolio management capabilities, enabling advisors to customize client portfolios seamlessly. SEI continues to advance its cloud transformation, improving how advisors deliver personalized wealth management services.

SEI (NASDAQ: SEIC) has announced the immediate departure of Steve Meyer, Executive Vice President and Head of Global Wealth Management Services. This change is not related to the company's strategy or financial results. The Global Wealth Management Services team will be led by seasoned executives: Albert Chiaradonna, Sandy Ewing, Phil McCabe, and Brett Williams, all of whom possess extensive experience in their respective fields. SEI manages approximately $1.3 trillion in assets as of September 30, 2021, and remains focused on delivering comprehensive solutions for clients.

SEI Investments Company (NASDAQ: SEIC) announced a semi-annual dividend of $0.40 per share, payable to shareholders of record on Dec. 21, 2021, with a payment date of Jan. 7, 2022. Furthermore, the Board approved an increase in its stock repurchase program by an additional $200 million, raising the total authorization to approximately $261 million. As of Sept. 30, 2021, SEI manages around $1.3 trillion in assets, showcasing its significant role in the financial services industry.

SEI (NASDAQ:SEIC) announced significant upgrades to its Archway Platform, adding 20 new clients and $125 billion in assets since early 2021. This platform supports family offices and financial institutions, enhancing efficiency with automated accounting workflows and improved data collection features. The upgrade addresses the growing complexities of managing generational wealth and aims to provide clients with better financial reporting tools. As of September 30, 2021, SEI Family Office Services managed $540 billion in assets on the platform, affirming its strong market position.