SEI Investments Company
| SEI Investments Company | |
| Company type | Public |
|---|---|
| Nasdaq: SEIC | |
| Industry | Financial Services |
| Founded | 1968  |
| Headquarters |  Oaks, Pennsylvania |
Key people | Alfred West, Chairman & CEO |
| Total assets | $751 billion in mutual fund and pooled or separately managed assets (as of September 30, 2016) |
Number of employees | Approximately 2,900 (September 2016) |
| Website | www.seic.com Facebook |
SEI Investments Company (NASDAQ:SEIC) is a financial services company headquartered in Oaks, Pennsylvania, United States. SEI is a global provider of investment processing, investment management, and investment operations solutions. SEI provides products and services to corporations, financial institutions, financial advisors, and ultra-high-wealth individuals.[1] As of September 30, 2016, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $751 billion in mutual fund and pooled or separately managed assets, including $281 billion in assets under management and $470 billion in client assets under administration.[2]
SEI’s campus is located on 90 acres (360,000 m2) outside Center City, Philadelphia. SEI operates principal offices in Toronto, London, Dublin, The Netherlands, Hong Kong, South Africa, and Dubai.[citation needed]
History
SEI was founded as Simulated Environments Inc. in 1968 by its current Chairman and CEO, Alfred P. West, Jr. (also known as Al West). West created the first computer-simulated training technology for loan officers.[citation needed]
The 1970s
- SEI developed an automated trust and investment accounting system for bank trust departments.
The 1980s
- SEI made its initial public offering on March 25, 1981 on NASDAQ.
- SEI integrated modern portfolio theory with comprehensive asset allocation models.
The 1990s
- SEI launched a wealth management operating platform for independent, fee-based advisors.
- SEI offered Manager-of-Managers investment programs to institutional and individual investors in the United States, Canada, Europe, South Africa, and Asia.
The 2000s
SEI introduced:
- A pension management solution that integrates pension decisions with corporate finance objectives.
- Total Operational Outsourcing, an integrated platform for investment managers that provides processing of all investment types.
- Goals-based investment strategies for clients.
- The SEI Wealth Platform.[3]