SEI Survey: Investment Managers See Operations as Competitive Advantage
Marketwire - 28 mins ago
Improving operations remains a priority for investment managers as investors and regulators continue to demand deeper levels of transparency. However, a new survey from SEI (NASDAQ: SEIC) indicates operational capabilities are also becoming a key competitive advantage. The poll reveals that more than three-quarters (77 percent) of investment managers believe there is a 'somewhat strong' or 'very strong' link between their operational capabilities and their business competitiveness and performance, while 69 percent believe that their investors also see a 'somewhat strong' or 'very strong' link.
Earnings Flashback: Since Reporting Quarterly Results 2 Weeks Ago SEI Investments Is Down 0.2% (SEIC)
Comtex SmarTrend(R) - Mon May 12, 11:01AM CDT
19 days ago, on April 23rd, 2014, SEI Investments (NASDAQ:SEIC) reported its earnings. Analysts, on average, expected earnings of $0.40 per share on sales of $304.0 million. The company actually reported EPS of $0.41 on sales of $302.4 million, beating EPS estimates by $0.01 and missing revenue estimates by $1.6 million. Since the company's report, shares of SEI Investments have fallen from $32.25 to $32.18, representing a loss of 0.2% in the past 19 days.
SEI Wealth Platform(SM) Extends Strategic Partnership With Towry
Marketwire - Mon May 12, 8:00AM CDT
SEI (NASDAQ: SEIC) announced today that Towry, the wealth adviser, has extended its contract with the company for an additional seven years, until July 2021. Towry originally launched on the SEI Wealth Platform(SM) (the Platform) in 2009 and was the second client to go live.
SEI Study: Grasp of Complete Financial Picture Critical to Wealth Managers Retaining High-Net-Worth Clients
Marketwire - Thu May 08, 8:02AM CDT
the world's up-and-coming wealthy, customer focus is the number one factor in their ongoing relationship with their wealth manager, and, generally, wealth managers are meeting clients' fundamental expectations. A global study released today by SEI (NASDAQ: SEIC), Scorpio Partnership, and NPG Wealth Management finds that 64 percent of high-net-worth individuals report their main money manager has a good knowledge of their core financial needs. The study, "The Futurewealth Report 2014: Enhancing the Customer Curriculum," surveyed 3,025 respondents globally with an average net worth of $2.9 million. Examining what these high-net-worth individuals value during their ongoing relationship with a financial firm, the study delves into the factors that contribute to customer loyalty and examines whether this group of investors feels as though their wealth manager truly understands their financial goals.
Henderson wins SEI mandate
PR Newswire - Thu May 08, 8:00AM CDT
Henderson Global Investors has been awarded a concentrated unconstrained global equity mandate by SEI for $150m. The strategy is led by Matthew Beesley, Henderson's head of global equities.
SEI Selected by Iridian Asset Management to Provide Operational Support for New UCITS
Marketwire - Wed May 07, 8:01AM CDT
SEI (NASDAQ: SEIC) today announced that it will provide fund administration, accounting, investor servicing, and Irish trustee and custody services for Iridian Asset Management LLC's ("Iridian"
Post Earnings Update: SEI Investments Has Climbed 0.3% Higher in Past Week (SEIC)
Comtex SmarTrend(R) - Mon May 05, 7:12AM CDT
A week ago on April 23rd, 2014 SEI Investments (NASDAQ:SEIC) reported earnings and analysts, on average, expected earnings of $0.40 on sales of $304.0 million. SEI Investments actually reported earnings of $0.41 per share on sales of $302.4 million, beating EPS estimates by $0.01 and missing revenue estimates by $1.6 million. Shares of SEI Investments have climbed from $32.25 to $32.36, representing a gain of 0.3% since the company reported earnings 12 days ago.
SEI Paper: Investment Management Firms Must Maximize Technology Initiatives to Increase Business Value
Marketwire - Wed Apr 30, 8:04AM CDT
As the asset management industry goes through a transformative period dominated by the conflicting trends of growth and uncertainty, investment management firms must maximize their technology initiatives to add value to their businesses, according to a paper released today by SEI (NASDAQ: SEIC).The paper, "Reinventing Buy-Side Infrastructure," explains how outsourcing, especially with regard to middle- and back-office solutions, can create streamlined processes and operational efficiencies that allow firms to focus their efforts on adding proprietary value.
SmartStream Announces New TLM Reconciliations Premium Deployment with SEI
Business Wire - Wed Apr 30, 2:00AM CDT
SmartStream Technologies, the financial Transaction Lifecycle Management specialist, today announced the enhanced collaboration with SEI (NASDAQ: SEIC), the global provider of asset management, in which both companies will build and deploy a reconciliations utility that enables SEI to serve its wealth management clients with cash, transactions and securities positions from a single reconciliation platform. This utility will be based on the latest version of SmartStream's TLM Reconciliations Premium(TM) solution.
SEI Investments Rises on Q1 Earnings Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Apr 24, 8:40AM CDT
Shares of SEI Investments Co. (SEIC) rose nearly 1.6% on Wednesday following its first-quarter 2014 adjusted earnings per share of 41 cents, which beat the Zacks Consensus Estimate by a penny.
Pre-market Insights on Capital Markets Equities -- Research on BlackRock, Eaton Vance, Artisan Partners Asset Management, and SEI Investments
PR Newswire - Wed Apr 23, 11:43AM CDT
On Tuesday, April 22, 2014, the NASDAQ Composite ended at 4,161.46, up 0.97%, the Dow Jones Industrial Average advanced 0.40% to 16,514.37, and the S&P 500 closed at 1,879.55, up 0.41%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index finished the day at 296.36, up 0.69%, while the same has lost 1.96% in the last one month. Investor-Edge has initiated coverage on the following equities: BlackRock Inc. (NYSE: BLK), Eaton Vance Corp. (NYSE: EV), Artisan Partners Asset Management Inc. (NYSE: APAM) and SEI Investments Co. (NASDAQ: SEIC). Free technical research on BLK, EV, APAM and SEIC can be downloaded upon signing up at:
SEI Reports First-Quarter 2014 Financial Results
Marketwire - Wed Apr 23, 7:31AM CDT
SEI Investments Company (NASDAQ: SEIC) today announced financial results for the first-quarter 2014. Diluted earnings per share were $.43 in first-quarter 2014 compared to $.41 in first-quarter 2013. Diluted earnings per share reflect pre-tax gains of $5.6 million, or $.02 per share, and $22.1 million, or $.08 per share, from the sale of SEI Asset Korea, in the first-quarter 2014 and 2013, respectively.
SEI Investments Canada Company announces termination of the U.S. MidCap Synthetic Fund
CNW Group - Mon Apr 21, 3:33PM CDT
SEI Investments Canada Company, a wholly owned subsidiary of SEI Investments Company (NASDAQ: SEIC) and manager of the SEI Canada mutual funds, announced today its intention to terminate the U.S. MidCap Synthetic Fund ("the Fund"
SEI to Announce First-Quarter 2014 Earnings on Wednesday, April 23, 2014
Marketwire - Wed Apr 16, 2:00PM CDT
SEI Investments Company (NASDAQ: SEIC) announced today that it intends to release first-quarter 2014 earnings on Wednesday, April 23, 2014, before the market opens. The company will also hold a conference call to discuss these financial results beginning at 1:00 p.m. ET.
Kimmel Center Showcases Provocative Sculpture Series in Second SEI Innovation Studio Installation
Marketwire - Wed Apr 16, 8:00AM CDT
Find yourself face to face with some of the world's greatest composers at the Kimmel Center's most recent art installation. Internationally acclaimed Taiwanese artist Long-Bin Chen's unusually realistic sculptures, aptly named "The Composers," is the second of public art installation in the Kimmel Center Plaza. The sculptures are on loan until June from the West Collection through a partnership with SEI (NASDAQ: SEIC). The first exciting installation, Jonathan Schipper's "The Slow and Inevitable Death of American Muscle," simulated a head-on collision of two-muscle cars and was on display for 90 days.
SEI Survey: Changes to Tax Laws Impact Portfolio Recommendations of Financial Advisors
Marketwire - Tue Apr 15, 11:29AM CDT
Recent changes to the tax laws have financial advisors looking to revise their recommendations for portfolio implementation to better manage the impact of taxes, according to a survey released today by SEI (NASDAQ: SEIC). The survey revealed that nearly 9 in 10 advisors polled (88 percent) said that, in light of new tax laws, they are considering making changes to their portfolio strategies in order to reduce the overall effect of taxes. The survey, of more than 250 financial advisors, comes at a time when taxes are top of mind for advisors and their clients.
Strategic Agreements, Client Support Website Launch, and Earnings Release Schedules - Analyst Notes on BofI Holding, AmTrust Financial Services, Xoom, SEI, and First Midwest
PR Newswire - Tue Apr 15, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding BofI Holding Inc. (NASDAQ: BOFI), AmTrust Financial Services, Inc. (NASDAQ: AFSI), Xoom Corporation (NASDAQ: XOOM), SEI Investments Co. (NASDAQ: SEIC), and First Midwest Bancorp Inc. (NASDAQ: FMBI). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1151-100free http://www.analystsreview.com/register
SEI White Paper: Behavioral Segmentation Drives Long-Term Profitability for Wealth Management Industry
Marketwire - Thu Apr 10, 8:06AM CDT
While traditional wallet-based segmentation approaches have historically been the norm in the wealth management industry, future long-term profitability will be driven by a firm's ability to adapt its segmentation model to the evolving needs of its clients, according to a whitepaper released today by SEI (NASDAQ: SEIC). "SEI Insights: Can Segmentation Lead to Sustainable Profits?" explores the benefits of enhancing current segmentation models to incorporate investors' behavior patterns. The paper concludes that unified technology platforms, which enable flexible model-based portfolio construction and provide advisors with varied tools, offer wealth managers the resources necessary to develop and execute more effective segmentation strategies.
SEI Launches Innovative New Website for Private Wealth Management Clients
Marketwire - Tue Apr 08, 8:02AM CDT
SEI (NASDAQ: SEIC) today announced the launch of its new Private Wealth Management client website. This innovative online resource provides individual and family clients an overview of all their assets in relation to their established goals, which can be organized by self, family, and community, in one, centralized place. The enhanced website gives clients the reporting flexibility and full transparency to customize views of their data and drill down to track how each goals-based portfolio is doing in achieving its objective. It provides clients with a more holistic picture of their current assets as well as the wealth they want to pass on to future generations. The new offering is the latest goals-based offering from SEI Private Wealth Management.
Financial Companies Report Appointments, Agreements, Dividends and Stock Movements - Analyst Notes on JPMorgan Chase, SEI Investments, JLL, Hatteras Financial, and Hudson Pacific Properties
PR Newswire - Wed Apr 02, 7:00AM CDT
Today, Analysts Review released its analysts' notes regarding JPMorgan Chase & Co. (NYSE: JPM), SEI Investments Co. (NASDAQ: SEIC), Jones Lang LaSalle Inc. (NYSE: JLL), Hatteras Financial Corp (NYSE: HTS), and Hudson Pacific Properties, Inc. (NYSE: HPP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register