SEI Reports Second-Quarter 2025 Financial Results

Rhea-AI Summary

SEI Investments (NASDAQ:SEIC) reported strong Q2 2025 financial results with significant growth across key metrics. The company achieved a 70% increase in EPS to $1.78, including a $0.58 benefit from special items, notably a $94.4 million gain from selling its Family Office Services business. Revenue grew 8% to $559.6 million, while operating income increased 9% to $148.6 million with a 27% operating margin.

The company reported record trailing 12-month net sales events of $160.4 million, with Q2 contributing $29.2 million. Notable segment performance included Investment Advisors' 19% operating profit growth and Private Banks' 11% operating profit growth. During Q2, SEI repurchased 2.2 million shares for $180.8 million at an average price of $83.60 per share.

Positive

• EPS increased 70% year-over-year to $1.78
• Revenue grew 8% to $559.6 million
• Operating income rose 9% to $148.6 million
• Record trailing 12-month net sales events of $160.4 million
• $94.4 million gain from Family Office Services business sale
• Investment Advisors segment saw 19% operating profit growth
• Significant share buyback: 2.2 million shares for $180.8 million

Negative

• Institutional Investors segment revenue declined 3% year-over-year
• Investment Advisors and Institutional Investors segments saw flat revenue growth vs Q1 2025
• Corporate Overhead Expenses increased 22% year-over-year
• Over $1 billion in net outflows from Institutional Investors and Investment Advisors segments

Insights

Financial Analyst

SEI delivers strong Q2 with 70% EPS growth, though 75% of this came from one-time gains rather than core operations.

SEI Investments delivered impressive headline numbers with Q2 EPS of $1.78, representing a dramatic 70% year-over-year increase. However, it's critical to note that $0.58 of this EPS (about 33% of total) came from non-operational items, primarily the $94.4 million gain from selling their Family Office Services business. Adjusting for these one-time benefits, the core EPS growth would be approximately 14% – still solid but significantly less dramatic.

The company's revenue grew at 8% to $559.6 million, with operating income increasing 9% to $148.6 million. This produced a modest operating margin improvement to 27%, up from 26% in Q2 2024. The slight margin expansion demonstrates some operational leverage despite the company's increased investments in talent and technology.

Looking at segment performance, Investment Advisors was the standout with 19% operating profit growth, driven by their integrated cash program which contributed $21 million ($11 million higher than Q2 2024). The Investment Managers segment, SEI's largest by revenue, saw 8% revenue growth but slightly lower 7% profit growth due to proactive hiring ahead of anticipated new business.

The company continues returning capital to shareholders, repurchasing 2.2 million shares for $180.8 million at an average price of $83.60 per share during Q2. Over the trailing twelve months, they've repurchased 9.0 million shares, demonstrating a substantial commitment to enhancing shareholder value.

Net sales events of $29.2 million for Q2 and a record $160.4 million for the trailing twelve months indicate healthy future revenue streams. However, the flat quarter-over-quarter revenue in both Investment Advisors and Institutional Investors segments suggests potential growth challenges in these areas despite the positive market movements in May and June.

OAKS, Pa., July 23, 2025 /PRNewswire/ -- SEI Investments Company (NASDAQ:SEIC) today announced financial results for the second quarter 2025. Relative to the second quarter 2024, EPS increased by 70%, and revenue and operating income grew by 8% and 9%, respectively, with operating margin increasing to 27%. Q2 2025 EPS benefited by $0.58 from several items affecting comparability against prior quarters, most notably the $94.4 million gain on the sale of SEI's Family Office Services business.

Consolidated Overview
(In thousands, except earnings per share)		For the Three Months Ended June 30,						For the Six Months Ended June 30,
		2025		2024		%		2025		2024		%
Revenues		$559,601		$518,986		8 %		$1,110,945		$1,030,565		8 %
Operating income		148,635		136,514		9 %		305,732		262,365		17 %
Operating margin		27 %		26 %		4 %		28 %		25 %		12 %
Net income		227,083		139,120		63 %		378,600		270,520		40 %
Diluted earnings per share		$1.78		$1.05		70 %		$2.95		$2.04		45 %

"SEI achieved another strong quarter across our core businesses. We are executing with conviction and discipline, positioning the company for sustained growth. As we prepare SEI to support that growth and our clients' evolving needs, we are making intentional investments in our talent, technology, and infrastructure to enhance our capabilities and scale," said CEO Ryan Hicke.

"Our strategic investment in Stratos demonstrates our commitment to challenging ourselves to change and innovate in the pursuit of our goal to be the leading provider of wealth management solutions and services. We will continue to invest capital in areas where we have conviction that the long-term opportunity will maximize the return for our clients, employees, and shareholders.

"We're excited to welcome two highly experienced, independent directors to our Board. Karin Risi and Tom Naratil bring tremendous expertise and insight that will be invaluable as we continue to execute our growth strategies."

Summary of Second-Quarter Results by Business Segment
(In thousands)		For the Three Months  Ended June 30,						For the Six Months Ended June 30,
		2025		2024		%		2025		2024		%
Investment Managers:
Revenues		$195,067		$179,868		8 %		$387,115		$352,521		10 %
Expenses		121,636		111,287		9 %		238,847		220,837		8 %
Operating Profit		73,431		68,581		7 %		148,268		131,684		13 %
Operating Margin		38 %		38 %				38 %		37 %
Private Banks:
Revenues		141,449		132,401		7 %		279,163		262,538		6 %
Expenses		118,724		111,890		6 %		233,473		224,864		4 %
Operating Profit		22,725		20,511		11 %		45,690		37,674		21 %
Operating Margin		16 %		15 %				16 %		14 %
Investment Advisors:
Revenues		137,193		120,587		14 %		273,769		243,305		13 %
Expenses		75,801		68,953		10 %		148,256		135,911		9 %
Operating Profit		61,392		51,634		19 %		125,513		107,394		17 %
Operating Margin		45 %		43 %				46 %		44 %
Institutional Investors:
Revenues		69,343		71,507		(3) %		137,849		143,285		(4) %
Expenses		35,857		38,426		(7) %		71,727		78,535		(9) %
Operating Profit		33,486		33,081		1 %		66,122		64,750		2 %
Operating Margin		48 %		46 %				48 %		45 %
Investments in New Businesses:
Revenues		16,549		14,623		13 %		33,049		28,916		14 %
Expenses		18,430		18,580		(1) %		36,926		36,963		— %
Operating Loss		(1,881)		(3,957)		(52) %		(3,877)		(8,047)		(52) %
Totals:
Revenues		$559,601		$518,986		8 %		$1,110,945		$1,030,565		8 %
Expenses		370,448		349,136		6 %		729,229		697,110		5 %
Corporate Overhead Expenses		40,518		33,336		22 %		75,984		71,090		7 %
Income from Operations		$148,635		$136,514		9 %		$305,732		$262,365		17 %

Second-Quarter Business Highlights:

• SEI achieved diluted EPS of $1.78, up 70% from the prior year, reflecting continued momentum in SEI's business in addition to the $0.58 impact of several items affecting comparability in the quarter, specifically:
  • A $0.60 benefit associated with the gain on sale of the Family Office Services business, and a settlement gain from the resolution of a long-standing vendor negotiation.
  • A $0.02 combined loss from FX transaction losses and M&A legal fees from our recently announced acquisition of Stratos Wealth Holdings, reflected in Corporate Overhead.
• Net sales events during the second quarter 2025 were $29.2 million, bringing net sales events for the trailing 12 months to $160.4 million, a new record. Sales events were driven by the Investment Managers business, which achieved a balanced mix of wins across alternatives, traditional and international investment managers.
  • Sales pipelines across all of SEI's businesses remain healthy, including Private Banking and the Asset Management businesses, where net sales events have improved considerably against 2024 losses.
• Consolidated revenues and operating income increased by 8% and 9%, respectively, from Q2 2024. SEI's consolidated operating margin of 27% represents a modest improvement over the prior year and a decline vs. Q1 2025, reflecting increased investments in both talent and technology to support expected growth.
  • Private Banks operating profit growth of 11% reflects continued momentum and the positive impact of several clients going live in the quarter.
  • Investment Managers operating profit growth of 7% was driven by a double-digit increase in alternative manager revenue, partially offset by a slight decline in traditional revenue due to volatile Q2 market valuations.
    • Investment Managers operating profit margin declined vs. Q1 2025 due to hiring ahead of expected new business and a challenging comparison due to first quarter delays in hiring.
  • Investment Advisors operating profit growth of 19% reflects the $21M contribution from SEI's integrated cash program, up $11M from Q2 2024.
  • Investment Advisors and Institutional Investors realized flat revenue growth relative to Q1 2025 as market appreciation in May and June offset significant declines realized in April.
• Average assets under administration increased by 4%, and average assets under management increased 2% relative to Q1 2025. Ending assets under management increased by 6% from Q1 to Q2, reflecting significant market appreciation realized during the months of May and June.
  • Institutional Investors and Investment Advisors net flows have improved year-to-date, posting just over $1 billion of net outflows against more than $7 billion of net outflows in the first half of 2024.
• SEI repurchased 2.2 million shares of common stock for $180.8 million during the second quarter 2025 at an average price of $83.60 per share, bringing total shares repurchased to 9.0 million for the trailing 12 months.

Earnings Conference Call
A conference call and presentation to review earnings is scheduled for 5 p.m. Eastern time on July 23, 2025. Analysts and investors are invited to join the call by completing the registration form. The public is invited to review the presentation and listen to the call and replay at ir.seic.com/events-presentations/events.

Link for registration form: https://edge.media-server.com/mmc/p/hxy2xx8e/

About SEI^®
SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of June 30, 2025, SEI manages, advises, or administers approximately $1.7 trillion in assets. For more information, visit seic.com.

This release contains forward-looking statements within the meaning or the rules and regulations of the Securities and Exchange Commission. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "expect," "believe" and "continue" or "appear." Our forward-looking statements include our current expectations as to:

• whether we are positioned for sustained growth;
• the nature of our internal investments and the factors that drive these investments;
• our goals;
• the strength of our pipelines;
• our focus on profitability and cost leverage;
• our cost discipline and its effects on profitability;
• our investment priorities; and
• when and if we will generate net annualized recurring revenues from sales events that occurred during the quarter, as well as the amount of any such revenue.

You should not place undue reliance on our forward-looking statements, as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties, many of which are beyond our control or are subject to change. Although we believe the assumptions upon which we base our forward-looking statements are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in our forward-looking statements can be found in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended Dec. 31, 2024, filed with the Securities and Exchange Commission.

 

SEI INVESTMENTS COMPANY CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited)
		For the Three Months Ended June 30,				For the Six Months Ended June 30,
		2025		2024		2025		2024
Asset management, admin. and distribution fees		$437,543		$409,398		$869,686		$813,764
Information processing and software servicing fees		122,058		109,588		241,259		216,801
Total revenues		559,601		518,986		1,110,945		1,030,565
Subadvisory, distribution and other asset mgmt. costs		49,709		46,542		97,241		93,310
Software royalties and other information processing costs		9,191		8,096		18,272		16,567
Compensation, benefits and other personnel		199,574		185,878		390,358		378,794
Stock-based compensation		13,891		12,469		28,029		23,528
Consulting, outsourcing and professional fees		56,942		53,991		112,943		105,967
Data processing and computer related		41,801		38,074		81,120		75,234
Facilities, supplies and other costs		21,744		18,570		40,499		37,173
Amortization		10,449		10,485		21,159		20,871
Depreciation		7,665		8,367		15,592		16,756
Total expenses		410,966		382,472		805,213		768,200
Income from operations		148,635		136,514		305,732		262,365
Net gain from investments		1,759		666		2,252		2,922
Interest and dividend income		9,283		11,552		19,504		22,371
Interest expense		(92)		(139)		(277)		(278)
Gain on sale of business		94,412		—		94,412		—
Other income		4,500		—		4,500		—
Equity in earnings of unconsolidated affiliate		33,640		34,219		62,387		65,862
Income before income taxes		292,137		182,812		488,510		353,242
Income taxes		65,054		43,692		109,910		82,722
Net income		$227,083		$139,120		$378,600		$270,520
Basic earnings per common share		$1.82		$1.06		$3.02		$2.06
Shares used to calculate basic earnings per share		124,470		130,815		125,516		131,116
Diluted earnings per common share		$1.78		$1.05		$2.95		$2.04
Shares used to calculate diluted earnings per share		127,278		132,073		128,364		132,409
Dividends declared per common share		$0.49		$0.46		$0.49		$0.46

 

SEI INVESTMENTS COMPANY CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited)
		June 30,		December 31,
		2025		2024
Assets
Current Assets:
Cash and cash equivalents		$746,349		$840,193
Receivables from investment products		49,095		54,118
Receivables, net of allowance for doubtful accounts of $2,124 and $1,435		637,568		567,634
Securities owned		31,682		29,583
Other current assets		66,310		60,282
Total Current Assets		1,531,004		1,551,810
Property and Equipment, net of accumulated depreciation of $503,326 and $493,219		155,690		159,643
Operating Lease Right-of-Use Assets		26,693		28,905
Capitalized Software, net of accumulated amortization of $653,008 and $641,071		235,601		236,023
Investments		290,466		315,567
Goodwill		168,738		170,287
Intangible Assets, net of accumulated amortization of $41,550 and $55,835		65,189		77,370
Deferred Contract Costs		47,218		45,855
Deferred Income Taxes		51,379		51,984
Other Assets, net		54,288		47,162
Total Assets		$2,626,266		$2,684,606
Liabilities and Equity
Current Liabilities:
Accounts payable		$13,084		$13,081
Accrued liabilities		214,507		347,513
Current portion of long-term operating lease liabilities		7,400		7,900
Deferred revenue		12,583		12,019
Total Current Liabilities		247,574		380,513
Long-term Income Taxes Payable		—		803
Long-term Operating Lease Liabilities		21,646		24,235
Other Long-term Liabilities		18,607		26,943
Total Liabilities		287,827		432,494
Shareholders' Equity:
Common stock, $0.01 par value, 750,000 shares authorized; 123,697 and 126,840 shares issued and outstanding		1,236		1,268
Capital in excess of par value		1,619,133		1,539,816
Retained earnings		739,453		758,003
Accumulated other comprehensive loss, net		(21,383)		(46,975)
Total Shareholders' Equity		2,338,439		2,252,112
Total Liabilities and Shareholders' Equity		$2,626,266		$2,684,606

 

SEI INVESTMENTS COMPANY CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)
		For the Six Months Ended June 30,
		2025		2024
Cash flows from operating activities:
Net income		$378,600		$270,520
Adjustments to reconcile net income to net cash provided by operating activities		(135,595)		(43,490)
Net cash provided by operating activities		$243,005		$227,030
Net cash provided by/(used in) investing activities		$65,268		($61,082)
Net cash used in financing activities		($419,220)		($229,687)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		17,103		(2,667)
Net decrease in cash, cash equivalents and restricted cash		(93,844)		(66,406)
Cash, cash equivalents and restricted cash, beginning of period		840,193		834,998
Cash, cash equivalents and restricted cash, end of period		$746,349		$768,592

 

ENDING ASSET BALANCES (In millions)  (Unaudited)
		Jun. 30		Sep. 30		Dec. 31		Mar. 31		Jun. 30
		2024		2024		2024		2025		2025
Investment Managers:
Collective trust fund programs (A)		$192,747		$204,429		$202,384		$209,491		$225,690
Liquidity funds		221		233		188		244		307
Total assets under management		$192,968		$204,662		$202,572		$209,735		$225,997
Client assets under administration		998,315		1,022,515		1,032,812		1,061,067		1,128,325
Total assets		$1,191,283		$1,227,177		$1,235,384		$1,270,802		$1,354,322
Private Banks:
Equity and fixed-income programs		$25,031		$26,565		$25,523		$25,590		$27,839
Collective trust fund programs		5		5		4		4		3
Liquidity funds		2,699		2,948		2,688		3,670		2,796
Total assets under management		$27,735		$29,518		$28,215		$29,264		$30,638
Client assets under administration		7,813		8,349		8,340		8,365		8,431
Total assets		$35,548		$37,867		$36,555		$37,629		$39,069
Investment Advisors:
Equity and fixed-income programs		$74,556		$78,361		$76,283		$75,689		$80,618
Liquidity funds		4,301		2,790		3,105		3,153		3,457
Total Platform assets under management		$78,857		$81,151		$79,388		$78,842		$84,075
Platform-only assets		21,908		24,501		25,244		25,591		29,848
Platform-only assets-deposit program		894		2,447		2,398		2,216		2,155
Total Platform assets		$101,659		$108,099		$107,030		$106,649		$116,078
Institutional Investors:
Equity and fixed-income programs		$75,542		$79,252		$75,481		$76,491		$80,112
Collective trust fund programs		1		1		1		1		—
Liquidity funds		2,309		1,829		1,511		1,580		1,768
Total assets under management		$77,852		$81,082		$76,993		$78,072		$81,880
Client assets under advisement		7,886		8,038		5,955		5,573		6,090
Total assets		$85,738		$89,120		$82,948		$83,645		$87,970
Investments in New Businesses:
Equity and fixed-income programs		$2,285		$2,825		$2,747		$2,661		$2,867
Liquidity funds		631		246		297		288		244
Total assets under management		$2,916		$3,071		$3,044		$2,949		$3,111
Client assets under administration (E)		14,848		15,110		14,791		14,846		—
Client assets under advisement		1,886		2,021		2,185		2,219		2,593
Total assets		$19,650		$20,202		$20,020		$20,014		$5,704
LSV Asset Management:
Equity and fixed-income programs (B)		$90,197		$93,855		$86,501		$87,114		$91,795
Total:
Equity and fixed-income programs (C)		$267,611		$280,858		$266,535		$267,545		$283,231
Collective trust fund programs		192,753		204,435		202,389		209,496		225,693
Liquidity funds		10,161		8,046		7,789		8,935		8,572
Total assets under management		$470,525		$493,339		$476,713		$485,976		$517,496
Client assets under advisement		9,772		10,059		8,140		7,792		8,683
Client assets under administration (D)		1,020,976		1,045,974		1,055,943		1,084,278		1,136,756
Platform-only assets		22,802		26,948		27,642		27,807		32,003
Total assets		$1,524,075		$1,576,320		$1,568,438		$1,605,853		$1,694,938

(A)	Collective trust fund program assets in the Investment Managers segment are included in assets under management since SEI is the trustee. Fees earned on this product are less than fees earned on customized asset management programs.
(B)	Equity and fixed-income programs include $1.4 billion of assets managed by LSV in which fees are based solely on performance and are not calculated as an asset-based fee (as of June 30, 2025).
(C)	Equity and fixed-income programs include $6.7 billion of assets invested in various asset allocation funds (as of June 30, 2025).
(D)	In addition to the assets presented, SEI also administers an additional $11.4 billion in Funds of Funds assets on which SEI does not earn an administration fee (as of June 30, 2025).
(E)	Client assets under administration related to the Family Office Services business divested on June 30, 2025.

 

AVERAGE ASSET BALANCES (In millions) (Unaudited)
		2nd Qtr.		3rd Qtr.		4th Qtr.		1st Qtr.		2nd Qtr.
		2024		2024		2024		2025		2025
Investment Managers:
Collective trust fund programs (A)		$189,884		$198,839		$204,954		$208,720		$215,085
Liquidity funds		227		245		223		256		288
Total assets under management		$190,111		$199,084		$205,177		$208,976		$215,373
Client assets under administration		982,806		1,005,111		1,034,500		1,061,282		1,098,925
Total assets		$1,172,917		$1,204,195		$1,239,677		$1,270,258		$1,314,298
Private Banks:
Equity and fixed-income programs		$24,859		$25,823		$26,067		$25,894		$26,533
Collective trust fund programs		5		5		4		4		3
Liquidity funds		2,734		2,858		2,814		2,961		2,771
Total assets under management		$27,598		$28,686		$28,885		$28,859		$29,307
Client assets under administration		7,884		8,074		8,395		8,488		8,266
Total assets		$35,482		$36,760		$37,280		$37,347		$37,573
Investment Advisors:
Equity and fixed-income programs		$73,793		$76,111		$77,866		$77,287		$76,629
Liquidity funds		4,348		4,264		3,031		3,119		3,464
Total Platform assets under management		$78,141		$80,375		$80,897		$80,406		$80,093
Platform-only assets		20,897		23,194		25,109		25,939		27,288
Platform-only assets-deposit program		886		1,176		2,186		2,187		2,152
Total Platform assets		$99,924		$104,745		$108,192		$108,532		$109,533
Institutional Investors:
Equity and fixed-income programs		$75,203		$77,473		$77,399		$76,492		$77,843
Collective trust fund programs		1		1		1		1		—
Liquidity funds		1,893		2,046		2,154		1,655		1,853
Total assets under management		$77,097		$79,520		$79,554		$78,148		$79,696
Client assets under advisement		7,508		7,925		6,991		5,741		5,841
Total assets		$84,605		$87,445		$86,545		$83,889		$85,537
Investments in New Businesses:
Equity and fixed-income programs		$2,234		$2,432		$2,819		$2,801		$2,732
Liquidity funds		471		546		269		274		244
Total assets under management		$2,705		$2,978		$3,088		$3,075		$2,976
Client assets under administration (E)		14,713		14,973		14,961		14,630		14,917
Client assets under advisement		2,014		1,885		2,110		2,205		2,329
Total assets		$19,432		$19,836		$20,159		$19,910		$20,222
LSV Asset Management:
Equity and fixed-income programs (B)		$90,849		$93,195		$88,880		$87,790		$89,422
Total:
Equity and fixed-income programs (C)		$266,938		$275,034		$273,031		$270,264		$273,159
Collective trust fund programs		189,890		198,845		204,959		208,725		215,088
Liquidity funds		9,673		9,959		8,491		8,265		8,620
Total assets under management		$466,501		$483,838		$486,481		$487,254		$496,867
Client assets under advisement		9,522		9,810		9,101		7,946		8,170
Client assets under administration (D)		1,005,403		1,028,158		1,057,856		1,084,400		1,122,108
Platform-only assets		21,783		24,370		27,295		28,126		29,440
Total assets		$1,503,209		$1,546,176		$1,580,733		$1,607,726		$1,656,585

(A)	Collective trust fund program average assets in the Investment Managers segment are included in assets under management since SEI is the trustee. Fees earned on this product are less than fees earned on customized asset management programs.
(B)	Equity and fixed-income programs during second-quarter 2025 include $1.4 billion of average assets managed by LSV in which fees are based solely on performance and are not calculated as an asset-based fee.
(C)	Equity and fixed-income programs include $6.5 billion of average assets invested in various asset allocation funds during second-quarter 2025.
(D)	In addition to the assets presented, SEI also administers an additional $11.2 billion of average assets in Funds of Funds assets during second-quarter 2025 on which SEI does not earn an administration fee.
(E)	Client assets under administration include $14.9 billion of average assets during second-quarter 2025 related to the Family Office Services business which was divested on June 30, 2025.

 

SALES EVENTS (In thousands) (Unaudited)
Net Recurring Sales Events
		2nd Qtr.		3rd Qtr.		4th Qtr.		1st Qtr.		2nd Qtr.
		2024		2024		2024		2025		2025
Investment Processing-related Businesses:
Investment Managers		$      17,180		$      23,319		$      18,027		$      25,296		$      21,928
Private Banks		4,331		9,417		9,245		7,059		254
Total Investment Processing-related Businesses		$      21,511		$      32,736		$      27,272		$      32,355		$      22,182
Asset Management-related Businesses:
Private Banks-AMD		$         (494)		$         (854)		$          495		$          (58)		$         (174)
Investment Advisors		(3,299)		2,686		1,339		888		(1,654)
Institutional Investors		(1,787)		(576)		(2,673)		41		2,544
Total Asset Management-related Businesses		$      (5,580)		$       1,256		$         (839)		$          871		$          716
Newer Initiatives:
Investments in New Businesses		$          (43)		$          936		$       1,778		$       3,614		$       1,245
Total Net Recurring Sales Events		$      15,888		$      34,928		$      28,211		$      36,840		$      24,143
Non-Recurring Sales Events
		2nd Qtr.		3rd Qtr.		4th Qtr.		1st Qtr.		2nd Qtr.
		2024		2024		2024		2025		2025
Investment Processing-related Businesses:
Investment Managers		$          930		$          712		$       2,465		$          835		$       1,102
Private Banks		4,431		8,796		6,622		7,060		2,373
Total Investment Processing-related Businesses		$       5,361		$       9,508		$       9,087		$       7,895		$       3,475
Newer Initiatives:
Investments in New Businesses		$          717		$       1,976		$          921		$       1,834		$       1,552
Total Non-Recurring Sales Events		$       6,078		$      11,484		$      10,008		$       9,729		$       5,027
Total Sales Events
		2nd Qtr.		3rd Qtr.		4th Qtr.		1st Qtr.		2nd Qtr.
		2024		2024		2024		2025		2025
Investment Processing-related Businesses:
Investment Managers		$      18,110		$      24,031		$      20,492		$      26,131		$      23,030
Private Banks		8,762		18,213		15,867		14,119		2,627
Total Investment Processing-related Businesses		$      26,872		$      42,244		$      36,359		$      40,250		$      25,657
Asset Management-related Businesses:
Private Banks-AMD		$         (494)		$         (854)		$          495		$          (58)		$         (174)
Investment Advisors		(3,299)		2,686		1,339		888		(1,654)
Institutional Investors		(1,787)		(576)		(2,673)		41		2,544
Total Asset Management-related Businesses		$      (5,580)		$       1,256		$         (839)		$          871		$          716
Newer Initiatives:
Investments in New Businesses		$          674		$       2,912		$       2,699		$       5,448		$       2,797
Total Sales Events		$      21,966		$      46,412		$      38,219		$      46,569		$      29,170

 

Investor contact:	Media contact:
Brad Burke	Leslie Wojcik
SEI	SEI
+1 610-676-5350	+1 610-676-4191
bburke2@seic.com	lwojcik@seic.com

View original content:https://www.prnewswire.com/news-releases/sei-reports-second-quarter-2025-financial-results-302512385.html

SOURCE SEI Investments Company

FAQ

What were SEI Investments' (SEIC) Q2 2025 earnings per share?

SEI reported Q2 2025 EPS of $1.78, a 70% increase from Q2 2024, including a $0.58 benefit from special items such as the Family Office Services business sale.

How much revenue did SEI (SEIC) generate in Q2 2025?

SEI generated $559.6 million in revenue during Q2 2025, representing an 8% increase from the same period last year.

What was SEI's stock buyback activity in Q2 2025?

SEI repurchased 2.2 million shares for $180.8 million at an average price of $83.60 per share during Q2 2025.

How did SEI's Investment Managers segment perform in Q2 2025?

The Investment Managers segment reported 8% revenue growth to $195.1 million and 7% operating profit growth, driven by double-digit growth in alternative manager revenue.

What was the impact of the Family Office Services business sale on SEI's earnings?

The sale of SEI's Family Office Services business contributed a $94.4 million gain, adding approximately $0.60 to the company's Q2 2025 EPS.