SEI Investments CompanySEIC

Thompson, Siegel & Walmsley (TSW) has selected SEI's turnkey fund platform to launch its new international equity fund. SEI provides the underlying technology and administrative services that allow investment firms to run funds without building their own back-office systems. This is a routine but positive win for SEI. It adds to the company's steady stream of fee-based revenue and reinforces its role as the central infrastructure for mid-sized asset managers.

Source: PRNewsWire

SEI and the investment firm Carlyle have launched the SEI Carlyle Private Markets Fund. This is an interval fund, a type of investment that lets individual investors access private markets, like private equity and debt, which are usually reserved for large institutions. It is designed to be easier to buy and sell than traditional private funds by using a single ticker symbol.

This move is a direct step in SEI's plan to grow its higher-margin services. By offering these specialized products to its network of banks and wealth managers, SEI can earn more in fees than it does from standard stock and bond funds. It also makes SEI's technology platform more valuable to its clients, who are seeing more demand for private investments from their own customers.

Source: PRNewsWire

CEO Ryan Hicke recently detailed how the company is moving beyond basic record-keeping to handle more complex investments like private equity and debt. This shift is showing up in the numbers, with revenue growing 14 percent to $662 million last quarter and total new sales for the year already surpassing any previous full year in the company's history.

This matters because these specialized services for private markets earn higher fees and are harder for clients to replace than traditional stock and bond tracking. By positioning itself as the essential infrastructure for large banks and wealth managers, the company is successfully turning a period of heavy technology spending into faster profit growth.

Source: After Earnings

Piper Sandler raised its target price for the stock from $127 to $129 while keeping an overweight rating, which is a signal that they expect the stock to perform better than the broader market. This small adjustment follows the company's recent earnings report that showed widening profit margins. The new target suggests the stock has room to rise about 23 percent from its current price. Other analysts have a similar view, with the average target across all firms currently sitting at $127.

Source: Piper Sandler

SEI launched the SEI Charitable Fund, a donor-advised fund that lets clients set aside money for charity and manage those donations through their existing wealth accounts. The tool is powered by TIFIN Give and helps advisors keep more of a family's total wealth on SEI’s platform.

This is a smart move to deepen ties with wealthy families across generations. By making it easier for clients to manage their giving in the same place they manage their investments, SEI makes its software more central to their daily lives and harder to switch away from.

Source: PRNewsWire

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