secwatch.observer — SEC 8-K summary
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Issuer:     SEI INVESTMENTS CO (SEIC)
CIK:        0000350894
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000350894-23-000086
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SEI Q3 2023 EPS $0.87, up 93% YoY; revenue $476.8M, net income +88%
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- Diluted EPS $0.87 vs $0.45; Q3 2022 included $57M voluntary separation cost ($0.32 EPS impact).
- Revenue $476.8M (+1% YoY); net income $115.7M vs $61.7M.
- Investment Managers segment revenue up 9%; Private Banks op profit +39%.
- Average AUM (ex-LSV) $170.3B (+2%); average AUA $893.7B (+14%).
- Net sales events of $22.3M in Private Banks/Investment Managers; repurchased 1.4M shares for $86M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350894/000035089423000086/0000350894-23-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350894/000035089423000086/seic-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000350894-23-000086

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer