Q2 2026 SEI Investments Co Earnings Call Transcript
Key Points
- SEI Investments Co (SEIC) reported a 15% increase in revenue, a 36% rise in adjusted operating profit, and a 38% increase in adjusted earnings per share, marking quarterly records.
- The company is seeing strong growth in its ETF business, with assets growing from $3 billion to over $8 billion in the past year.
- SEI Investments Co (SEIC) is experiencing significant sales success, with $43 million in sales events during the quarter, driven by new client wins and expanded relationships.
- The company is making strategic investments in technology, data, automation, and AI to enhance client experience and business scalability.
- SEI Investments Co (SEIC) has a robust pipeline of non-SEI acquisition opportunities at attractive valuations, indicating potential for future growth.
- The institutional segment's operating profit remained flat compared to the previous year due to ongoing investments in asset management initiatives.
- Despite strong sales events, net sales events were modestly negative in the advisors and institutional segments during the quarter.
- The company is facing challenges in the private banking segment, with margins declining modestly from the first quarter due to significant client implementations and continued investment in resources.
- SEI Investments Co (SEIC) is still in the early stages of seeing financial results from its new product developments and strategic partnerships.
- The company acknowledges the need for continued investment in technology and infrastructure to meet growing demand and scale operations effectively.
Greetings. Welcome to SEI's second-quarter 2026 earnings call. (Operator Instructions) Please note this conference is being recorded.
I will now turn the conference over to Brad Burke, Head of Investor Relations and Treasurer. Thank you, sir. You may begin.
Thank you and welcome, everyone, to SEI' second-quarter 2026 earnings call. We appreciate you joining us today. On the call we have Ryan Hicke, SEI's Chief Executive Officer; Sean Denham, our Chief Financial and Chief Operating Officer; and members of our executive management team, including Michael Lane; Phil McCabe; Mike Peterson; Sneha Shah; Sanjay Sharma; and Amy Sliwinski
Before we begin, I'd like to point out that our earnings press release and the presentation accompanying today's talk can be found under the Investor Relations section of our website at seic.com. This call is being webcast live, and a replay will be available on the events and webcast page of our website.
With that, I'll now turn the call over to
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
