{"schema_version":"secwatch.filing_event.v1","accession":"0000350894-23-000052","form_type":"8-K","ticker":"SEIC","cik":"0000350894","company_name":"SEI INVESTMENTS CO","filed_at":"2023-04-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.802561+00:00","generated_at":"2026-06-16T22:52:40.909678+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SEI Q1 2023 EPS $0.79 vs $1.36; revenue down 19% to $469M","bullets":["Net income $107M, operating profit $102M (-53% YoY).","Private Banks revenue fell 43% to $122.6M due to prior-year $88M one-time fee.","Average AUM (ex LSV) down 14% to $167.8B from $194.5B.","Net sales events of $21.2M expected to generate $17.1M annualized recurring revenue.","Repurchased 1.4M shares for $80.3M at avg $59.03/share."],"urls":{"canonical":"https://secwatch.observer/filing/0000350894-23-000052","json":"https://secwatch.observer/filing/0000350894-23-000052.json","markdown":"https://secwatch.observer/filing/0000350894-23-000052.md","text":"https://secwatch.observer/filing/0000350894-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/350894/000035089423000052/0000350894-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/350894/000035089423000052/seic-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T22:52:40.909678+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ed9365f7fcff31d2318ee46cfa1edfc9352888c","claim":"SEI INVESTMENTS CO reported first quarter ended March 31, 2023 results: revenue $469,119, net income $107,015, EPS $0.79.","evidence_excerpt":"Consolidated Overview (In thousands, except earnings per share) For the Three Months Ended March 31, 2023 2022 Revenues $469,119 $581,443 Net income 107,015 190,308 Diluted earnings per share $0.79 $1.36","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/350894/000035089423000052/0000350894-23-000052-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$469,119"},{"label":"Net income","value":"$107,015"},{"label":"EPS","value":"$0.79"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}