SEI Investments Co 2024年度报告

SEI®is a leadingglobal providerof technology,operations, andasset managementservices withinthe financialservices industry. We tailor our solutionsto help our clients moreeffectively deploy their capital—whether that’smoney, time, or talent—so they can better servetheir clients andachieve their growth goals. Ryan P. HickeChief Executive Officer TO OUR SHAREHOLDERS: Walter Russell, American impressionist painter, sculptor, and author, said, “The essenceof strategy is to align your ends with your means: to match your goals and your resources.”Since becoming CEO in 2022, we have been executing against our strategy to accelerategrowth by aligning our talent, organizational structure, and capital to market opportunitiesand embracing an enterprise mindset—while reinforcing and building upon our 57-yearfoundation. It’s paying off. With significant momentum in the second half of 2024, SEI achieved record revenue, netsales events, operating income, and earnings per share last year. Asset appreciation and theeconomic environment bolstered our performance, but much of our success was the resultof our focused execution of our enterprise approach and strategic initiatives that exploit thebreadth of our capabilities. Importantly, there isn’t a single business segment, client, or winthat drove these results, and we have not changed our pricing or value propositions—saleswere broad-based across the organization, coming from both existing and new clients in theU.S. and globally. Expand, invest, optimize. With our eyes on industry trends, we are relentlessly focused on allocating capital to where we see thegreatest return on investment. We are investing in our infrastructure, capabilities, client experience, andincreasing awareness of the value we can deliver to our clients—and we will maximize new client growthand expansion in the markets and segments where we want to win. The increased demand for alternative investment products is driving a rapid proliferation of productsfrom traditional and alternative investment managers. Providing the technology and operationsinfrastructure to these managers has been core to our growth, and as investors want more access,SEI is uniquely positioned to seize this opportunity to widen entry points for wealth managers andintermediaries, as well as the distribution network for fund managers. With the launch of SEI AccessTM,we are delivering an end-to-end alternatives platform designed to improve product selection, education,and the investment experience. The platform’s marketplace seeks to arm clients with productintelligence that helps them confidently discuss asset allocation with investors and make decisionsaligned with their financial goals. Asset managers are navigating a complex global ecosystem of providers to support their technologyand operational needs. We have enhanced—and will continue to enhance—our offering and operationalfootprint to support those needs, particularly in Luxembourg, which serves as the second-largest fundcenter in the world.1We have been deliberate and consistent in focusing our resources on marketsegments where we can power growth-oriented wealth management organizations. With U.S. regionaland community banks and private client investment managers in the U.K., our truly integrated andcomprehensive offering is driving significant momentum for our company. Our capabilities, modernplatform, services, and approach to helping these firms through transformation are resonating, andthey are turning to us for data and cloud strategies that enable them to scale as they grow. We believethis value proposition will also resonate in other markets we serve, such as investment managers andregistered investment advisors (RIAs). The intermediary space continued to experience consolidation, specifically in the broker-dealer and RIAsegments. With private equity taking a foothold, we believe the opportunity is twofold. The stability ofa strategic partner has increasingly become a part of our conversations in the market, and our fortressbalance sheet, depth of industry knowledge and experience, and breadth of capabilities differentiateus in the competitive industry dynamics. Additionally, the demographics of wealth holders are shifting,and the demand for advice—from the mass affluent to the high net worth—is growing. Through ouracquisition of LifeYield, we will deliver the industry’s most comprehensive unified managed householdcapabilities that enable tax-efficient investing and asset location at scale. 1“Luxembourg: The Global Fund Centre,” Association of the Luxembourg Fund Industry, 2021. Finalist in the“WealthTech Providerof the Year”categoryINVESTMENTNEWSAWARDS 2025Military Friendly®Employerin the “Gold”category Winner in“Custodians -Practice Management”category and finalist in“Transition Support”and“Client Portals”categoriesWEALTH MANAGEMENTINDUSTRY AWARDS RECOGNITION:2024 HIGHLIGHTS “Master Trust Offeringof the Year”EUROPEAN PENSIONS AWARDS Alargest money mana