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 (NASDAQ:SEIC) reported a significant expansion of its institutional business, adding 11 clients and nearly $3.8 billion in new outsourced chief investment officer (OCIO) and fiduciary management assets in H1 2021. The firm has seen over $9.1 billion in new assets globally since January 2020. SEI's ability to deliver comprehensive solutions and a strong infrastructure has made it a preferred choice for over 440 institutional investors. Key new clients include Greater Philadelphia YMCA and Real Estate Council of Ontario.
SEI (NASDAQ: SEIC) has launched five new asset allocation-based models under its SEI Domestic ETF Strategies, enhancing investment options for independent advisors via the SEI Wealth Platform. These strategies focus on domestic equity and fixed income securities, aiming to maximize risk-adjusted returns. J. Womack highlighted the growing demand for low-cost, tax-efficient solutions, while Erich Holland emphasized the importance of personalized investment options for advisors and their clients. As of June 30, 2021, SEI manages approximately $399 billion in assets under management.
SEI (NASDAQ:SEIC) announced its participation in upcoming industry conferences, including Oppenheimer's Technology, Internet & Communications Conference, Morningstar's Management Behind the Moat Conference, and UBS' FinTech One-on-One Conference. The company will engage in one-on-one meetings and fireside chats to discuss its strategic direction. Key dates include:
- Oppenheimer Conference: Aug. 10, 3:45 p.m. ET
- Morningstar Conference: Sept. 15, 11 a.m. ET
- UBS Conference: Sept. 16
SEI manages approximately $1.3 trillion in assets, highlighting its role as a leader in investment solutions.
SEI (NASDAQ: SEIC) announced a new partnership with Wealthbox, a CRM for financial advisors, enhancing its SEI Wealth Platform. This integration will allow advisors to access client information seamlessly through a single sign-on. Key features include improved contact management, social profile integration, customizable workflows, and a mobile app for on-the-go access. SEI continues to support over 7,500 advisors managing approximately $95.2 billion in total platform assets. The integration aims to drive improved client experiences through advanced technology.
SEI (NASDAQ: SEIC) released a report highlighting the evolution of private markets and opportunities for investors. Conducted in partnership with Preqin and ANZU Research, the survey covered over 400 managers and investors, revealing a shift towards greater exposure to private assets. Key findings include rising retail access, with 80% of managers supporting non-accredited investments, and increased participation in secondary markets. As of June 30, 2021, SEI manages approximately $1.3 trillion in assets, indicating substantial growth potential fueled by broader access and enhanced liquidity for investors.
SEI Investments Company (NASDAQ:SEIC) reported its second-quarter 2021 financial results, showing a 37% increase in diluted earnings per share to $0.93 compared to $0.68 in Q2 2020. Revenues grew 19% to $475,651 thousand, driven by market appreciation and strong sales momentum. Net income rose 32% to $133,778 thousand. Average assets under administration increased 28% to $858.2 billion. The company repurchased 2.1 million shares for $129.2 million. An earnings call is scheduled for July 21, 2021.
SEI Investments Company (NASDAQ: SEIC) will announce its second-quarter 2021 earnings on July 21, 2021, after market close, followed by a conference call at 4:30 p.m. Eastern time. The public can access the call via the SEI investor relations website. SEI, with over 50 years in the industry, manages around $1 trillion in assets across various investment vehicles, including $384 billion in assets under management and $836 billion in client assets under administration as of March 31, 2021. For further details, visit seic.com.
SEI (NASDAQ: SEIC) has expanded its partnership with Capital Group to include U.S.-focused strategies in the SEI American Funds Strategies family. This development enhances investment flexibility for independent advisors using the SEI Wealth Platform. The new solutions cater to various risk tolerances and investment objectives, allowing advisors to select between U.S. and global exposures. With approximately $77.4 billion in assets under management as of March 31, 2021, SEI continues to support advisors with an innovative, goals-based investment approach.
SEI (NASDAQ:SEIC) announced a strategic realignment of its Independent Advisor Solutions to enhance service to financial advisors adapting to market changes. The realignment focuses on advisors' business growth goals with a revamped management team for distribution, sales, investment products, digital experience, and practice management. Recent initiatives, like the acquisition of Oranj, reflect SEI's commitment to flexibility and customization for advisors.
SEI (NASDAQ: SEIC) will participate virtually in two upcoming conferences: Piper Sandler's Global Exchange & FinTech Conference on June 10, 2021, and Morgan Stanley's U.S. Financials, Payments & CRE Conference on June 15, 2021. Key executives, including CFO Dennis McGonigle, will engage in fireside chats to discuss SEI's strategic direction and growth opportunities. Live webcasts will be accessible on SEI's Investor Relations page, with replays available for 90 days and six months post-event.
