Welcome to our dedicated page for SEI Investments Co news (Ticker: $SEIC), a resource for investors and traders seeking the latest updates and insights on SEI Investments Co stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SEI Investments Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SEI Investments Co's position in the market.
Rhea-AI Summary
SEI Investments Company (NASDAQ:SEIC) reported a 10% increase in diluted earnings per share for the fourth quarter of 2023 compared to the same period in 2022. Revenues for the quarter were $484,858, reflecting a 6% increase year over year. The company's net income also saw an 8% increase, reaching $120,731. However, the full-year results showed a 4% decrease in revenues and a 3% decrease in net income. The CEO expressed confidence in the company's future growth, particularly in technology, investment processing, and operations segments. The report also detailed the performance of different business segments, highlighting both positive and negative trends. Overall, the company is positioned to capitalize on market trends and deliver sustainable growth for stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
Tags
-
Rhea-AI Summary
SEI (NASDAQ: SEIC) plans to release its Q4 2023 earnings on Jan. 31, 2024, followed by a conference call at 4:30 p.m. Eastern time. The public can listen to the call at www.seic.com/ir-events and access replays afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
-
Rhea-AI Summary
SEI (NASDAQ: SEIC) and the Philadelphia Phillies partner to commission a local artist to create a mural for display at Citizens Bank Park during the 2024 MLB season, showcasing Philadelphia's culture, spirit, and SEI's mission to build brave futures through connection.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
Tags
Rhea-AI Summary
SEI (NASDAQ: SEIC) announced the departure of Wayne Withrow, Executive Vice President and Head of Global Asset Management, effective Feb. 28, 2024. Withrow's 30-year tenure contributed to the company's growth and evolution, leading in various roles across technology, operations, and asset management. SEI will conduct a search for his replacement internally and externally. Withrow's recent leadership in aligning SEI's asset management businesses globally aimed to strengthen the company's offerings and capitalize on market opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
Tags
-
News
Rhea-AI Summary
SEI (NASDAQ:SEIC) acquires Altigo, a cloud-based technology platform for alternative investments, to meet the rising demand for alts among investors aged 25 to 44. Global alternative assets expected to reach $23 trillion by 2027. SEI aims to streamline the investment process for alternatives and provide efficient access to high-quality investment products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
-
Rhea-AI Summary
SEI Investments Company (NASDAQ: SEIC) increases share repurchase program by $250 million, declares a regular semi-annual dividend of $0.46 per share, payable to shareholders of record on Dec. 28, 2023, with a payment date of Jan. 9, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
News
Rhea-AI Summary
SEI (NASDAQ: SEIC) announced that CastleArk Management, a $3 billion Chicago-based investment manager, selected the Advisors' Inner Circle Fund as its operational platform to launch the CastleArk Large Growth ETF, its first active ETF. This comes amid a significant uptick in active ETF launches and a 158% increase in assets under management in active ETFs from 2021 to Q3 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
-
Rhea-AI Summary
SEI® (NASDAQ:SEIC) has released the findings of its Behavioural Coaching Survey, highlighting the importance of a goals-based wealth management approach for advisors and investors. The survey revealed that both advisors and investors can be influenced by behavioural biases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
-
Rhea-AI Summary
SEI Investments Company (NASDAQ:SEIC) announced financial results for Q3 2023. Diluted earnings per share were $0.87, a 93% increase from Q3 2022. Net income increased by 88%. Revenues for the quarter were $476.8 million, a 1% increase from the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
Tags
Rhea-AI Summary
Hazeltree announces that Stephanie Miller, President and CEO, has joined the SEI Board of Directors. Miller brings more than 25 years of experience in financial services and technology, and will provide expertise on SEI's capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
SEI Investments Co
Nasdaq:SEIC
SEIC Rankings
SEIC Stock Data
8.75B
108.99M
17.39%
72.92%
1.66%
Investment Banking and Securities Dealing
Finance and Insurance
United States of America
OAKS
About SEIC
sei (nasdaq:seic) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. for more information, visit seic.com.