SEI Investments Company (NASDAQ:SEIC) Q4 2023 Earnings Call Transcript January 31, 2024 4:30 PM ET Company Participants Alex Whitelam - IR Ryan Hicke - CEO Dennis McGonigle - CFO Sanjay Sharma - EVP and Global Head of Private Banking & Wealth Management Paul Klauder - EVP and Head of Advisor Business Phil McCabe - EVP and Head of Investment Manager Services Conference Call Participants Crispin Love - Piper Sandler Ryan Kenny - Morgan Stanley Owen Lau - Oppenheimer Mike Brown - KBW Operator Ladies and gentle ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-Q ________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ☐ ACT OF 1934 For the transition period from_________to ________ Commission File Number: 0-10200 _______________________________ ...

财务数据和关键指标变化 - 第三季度收入为4.77亿美元,同比增长1% [9] - 第三季度净利润为1.16亿美元,每股收益0.87美元 [9] - 去年第三季度受到自愿离职计划的一次性费用影响,剔除该影响后,今年第三季度每股收益同比增长13% [9] 各条业务线数据和关键指标变化 - 投资管理业务收入和利润均保持强劲增长 [12] - 私人银行业务签约3笔新客户,续约5个客户,成功实施5个客户的SEI财富平台,带来超过1.5亿美元的经常性收入 [15][16] - 投资顾问业务净现金流入6.12亿美元,主要来自独立账户、策略合作伙伴解决方案和开放式架构技术和托管 [18] - 机构投资者业务受到企业养老金计划退出和年金化的不利影响,公司采取了一些战略性调整以应对 [22] 各个市场数据和关键指标变化 - 投资管理业务在替代投资、传统投资和全球市场均保持强劲增长 [13] - 私人银行业务在英国私人客户投资经理和美国地区社区银行市场表现出色 [15][16] - 投资顾问业务在独立顾问渠道的增长是重点关注领域 [18][20] - 机构投资者业务受到企业养老金计划退出和年金化的不利影响 [22] 公司战略和发展方向及行业竞争 - 公司专注于销售、人才和技术投资,以提升服务质量和实现长期收益增长 [8] - 投资管理业务通过优质服务和技术投资持续增强竞争力,在替代投资、传统投资和全球市场保持领先地位 [12][13][49] - 私人银行业务通过专注于地区社区银行和英国私人客户投资经理市场取得成功 [15][16] - 投资顾问业务正在加强独立顾问渠道的拓展,并推出新的产品和解决方案 [18][20][21] - 机构投资者业务面临企业养老金计划退出和年金化的挑战,正在调整资源配置以提高竞争力 [22][23] 管理层对经营环境和未来前景的评论 - 尽管面临挑战,但公司在收入和利润方面保持了良好增长 [8][9] - 公司专注于销售、人才和技术投资,以提升服务质量和实现长期收益增长 [8] - 投资管理业务的增长势头良好,预计未来发展空间广阔 [12][13][49] - 私人银行业务正在通过新客户签约和成本管理提高盈利能力 [15][16][17] - 投资顾问业务正在加强独立顾问渠道的拓展,并推出新的产品和解决方案 [18][20][21] - 机构投资者业务面临挑战,但正在调整资源配置以提高竞争力 [22][23] 其他重要信息 - 公司在第三季度回购了140万股SEI股票,平均价格为61.43美元,总金额为8600万美元 [10] - 公司计划在今年年底前完成对National Pensions Trust的收购 [39] - 公司在第三季度进行了一次性裁员,主要影响机构投资者业务,预计可带来持续性成本节约 [37] - 公司与LSV的合作保持良好 [24] 问答环节重要的提问和回答 问题1 **Owen Lau 提问** 投资管理业务表现强劲,毛利率也在不断提升,能否进一步分析这一业务的驱动因素和未来增长机会 [42][43][44][45][46][47][48][49] **Ryan Hicke 和 Phil McCabe 回答** - 公司专注于为客户提供优质服务,赢得了新基金的大部分业务 [43][44] - 公司持续投资于技术,增强了产品和服务能力,在全球市场也取得了进展 [43][44][45][46][47][48][49] - 公司看好替代投资、传统投资和全球市场的增长机会,正在积极拓展这些领域 [13][48][49] 问题2 **Ryan Kenny 提问** 关于私人银行业务的利润率提升情况,未来目标利润率水平是多少,以及TRUST 3000系统的后续规划 [60][61][62][63][64][65][66][67] **Ryan Hicke 和 Dennis McGonigle 回答** - 公司保持之前的目标,即未来几年将私人银行业务的利润率提升至历史水平 [64][65][66] - 公司正在积极与TRUST 3000客户沟通,了解他们的转换时间表,同时也在推动更多客户向SWP平台迁移 [60][61][62][63][67] - TRUST 3000向SWP的成功转换,为公司在科技即服务模式下的发展带来了新的机遇 [60][61] 问题3 **Mike Brown 提问** 在经济环境可能进一步恶化的情况下,公司的利润率水平可能会下降到什么程度,公司有哪些应对措施 [80][81][82][83][84][85][86][87] **Dennis McGonigle 回答** - 公司过去在2008-2009年经济危机期间的经验表明,不同业务线的利润率下降幅度不同 - 资产管理类业务利润率下降相对较小,保持在20%-40%左右 - 运营类业务如银行和投资管理服务,由于收入来源较为多样化,利润率下降也较为有限 - 公司在成本管理、人员调整、聚焦长期发展等方面采取了多种措施来应对经济下行 [81][82][83][84][85][86][87]

SEI Investments Company (NASDAQ:SEIC) Investor Presentation, Q2 2023 What we do. We deliver technology and investment solutions that connect the financial services industry. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-Q ________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ☐ ACT OF 1934 For the transition period from_________to ________ Commission File Number: 0-10200 ____________________________________ ...

SEI Investments Company (NASDAQ:SEIC) Q2 2023 Earnings Conference Call July 26, 2023 4:30 PM ET Company Participants Alex Whitelam – Director-Investor Relations Ryan Hicke – Chief Executive Officer Dennis McGonigle – Chief Financial Officer Sanjay Sharma – Executive Vice President and Global Head-Private Banking Conference Call Participants Ryan Kenny – Morgan Stanley Jeff Schmitt – William Blair Owen Lau – Oppenheimer Mike Brown – KBW Operator Ladies and gentlemen, thank you for standing by. Welcome to the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________________________ FORM 10-Q ________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or TRANSITION REPORT PURSUANT TO SECTION 13 OF 15(d) OF THE SECURITIES EXCHANGE ☐ ACT OF 1934 For the transition period from_________to ________ Commission File Number: 0-10200 ___________________________________ ...

SEI Investments Company (NASDAQ:SEIC) Q1 2023 Earnings Conference Call April 20, 2023 4:30 PM ET Company Participants Lindsey Opsahl - Head of Investor Relations Ryan Hicke - Chief Executive Officer Dennis McGonigle - Executive Vice President, Chief Financial Officer Sanjay Sharma - Executive Vice President and Global Head of Private Banking & Wealth Management Phil McCabe - Executive Vice President, Head of Investment Manager Services Paul Klauder - Executive Vice President, Head of the Institutional Group ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_________to ________ Commission File Number: 0-10200 ________________________________________ ________________________________________ SEI INVESTMENTS COMPANY (Exact name of R ...

SEI Investments Company (NASDAQ:SEIC) Q4 2022 Earnings Conference Call January 25, 2023 4:30 PM ET Company Participants Lindsey Opsahl - Head-IR Ryan Hicke - CEO Dennis McGonigle - CFO Paul Klauder - EVP, Head of the Institutional Group Phil McCabe - EVP, Head-Investment Manager Services Sanjay Sharma - EVP and Global Head-Private Banking Conference Call Participants Ryan Kenny - Morgan Stanley Owen Lau - Oppenheimer Mike Brown - KBW Operator Ladies and gentlemen, thank you for standing by. Welcome to the S ...