SEI INVESTMENTS Business Summary

SEI Investments Co (SEIC) operates a diversified financial services model, generating revenue primarily through asset-based fees on assets under management (AUM) and administration (AUA), transaction-based processing fees, and professional service engagements. The company’s operations are organized into four primary business segments: Private Banking, Investment Advisors, Institutional Investors, and Investment Managers. By integrating its proprietary SEI Wealth Platform (SWP) with comprehensive investment management and operations outsourcing, SEI positions itself as a critical infrastructure provider for global financial institutions. Its direct competitors include BlackRock, SS&C Technologies, FIS, and Northern Trust; SEI distinguishes itself by offering a unique "connective tissue" approach that combines front-to-back office technology with fiduciary management, currently overseeing or administering approximately $1.8 trillion in assets. Founded in 1968 by Alfred P. West, Jr., who transitioned to Chairman Emeritus in early 2026, the company is now led by CEO Ryan Hicke, a 27-year SEI veteran and former Chief Information Officer. The executive team includes Sean J. Denham as Executive Vice President, CFO, and COO, and Zach Womack as Chief Technology Officer, who oversees global technology strategy and cloud architecture. Carl A. Guarino serves as the Executive Chairman of the Board as of January 2026, bringing nearly four decades of industry leadership. Notable board members include Jonathan Brassington of NewSpring Capital and Tom Naratil of Lightyear Capital, while the company maintains a strong institutional investor base led by the Vanguard Group, which holds a significant ownership stake.