Welcome to our dedicated page for Sei Invts Co news (Ticker: SEIC), a resource for investors and traders seeking the latest updates and insights on Sei Invts Co stock.
SEI Investments Company (NASDAQ: SEIC) delivers integrated investment processing and wealth management solutions to financial institutions worldwide. This dedicated news hub provides investors and professionals with centralized access to SEIC's latest corporate developments and strategic initiatives.
Track official press releases covering earnings results, technology innovations, and partnership announcements alongside third-party analysis of SEIC's market position. Our curated feed includes updates on asset management services, operational solutions, and regulatory developments impacting the financial technology sector.
Key content focuses include quarterly financial disclosures, leadership changes, product enhancements, and industry recognition. Bookmark this page for real-time updates on SEIC's evolving solutions for private banks, institutional investors, and wealth advisors.
SEI Investments Company (NASDAQ:SEIC) reported strong financial results for Q2 2024. Diluted earnings per share increased to $1.05, up 18% from $0.89 in Q2 2023. Revenues grew 6% to $518.99 million, while net income rose 17% to $139.12 million. The company saw significant growth in its Investment Managers segment, with revenues up 13% and operating profit increasing 22%.
CEO Ryan Hicke highlighted the company's focus on capital allocation, operational leverage, and revenue growth. SEI is investing in areas such as talent, professional services, innovation, private assets, and emerging technology. The company also reported strong momentum across its markets, particularly in the adoption of its platforms in technology and operational businesses.
SEI (NASDAQ: SEIC) has announced that it will release its second-quarter 2024 earnings on Wednesday, July 24, 2024, after the market closes. The company will hold a conference call to discuss the financial results at 4:30 p.m. Eastern time. The public is invited to listen to the call via the company's website at www.seic.com/ir-events. Replays of the call will be available shortly after, accessible through both domestic and international phone numbers with an access code.
SEI (NASDAQ:SEIC) has launched GrowthLink, a practice management hub tailored for Canada-based advisors. GrowthLink aims to provide actionable tools and resources to help advisors achieve business growth, focusing on key themes such as achieving business goals, gaining referrals, and finding ideal clients. Designed as an on-demand platform, GrowthLink will allow advisors to implement these tools into their practices efficiently. Shauna Mace, Head of Practice Management, emphasized that GrowthLink aims to help advisors deliver personalized client experiences and scale their businesses globally.
On May 29, 2024, the Board of Directors of SEI Investments Company (NASDAQ: SEIC) declared a semi-annual cash dividend of $0.46 per share.
This dividend will be payable to shareholders who are on record as of June 10, 2024, with the payment date set for June 18, 2024.
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