---
schema_version: "secwatch.filing_event.v1"
accession: "0000350894-24-000076"
form_type: "8-K"
ticker: "SEIC"
cik: "0000350894"
company_name: "SEI INVESTMENTS CO"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T12:39:23.097734+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# SEI Investments reorganizes business segments effective Jan 1, 2024; provides reclassified historical financials

## Summary
- Effective Jan 1, 2024: Private Banks client moved to Investment Managers; family office services moved to Investments in New Businesses.
- Reclassified segment results for 2022 and 2023 show no change to total revenues ($1.991B in 2022; $1.920B in 2023) or income from operations.
- Private Banks revenue restated to $570M (2022) and $496M (2023), including $88M one-time termination fee in 2022.
- Investment Managers revenue restated to $600M (2022) and $645M (2023); Investments in New Businesses operating loss improved to -$18.5M in 2023.
- Historical asset balances and averages reclassified for all periods; total assets under management rose to $432B at Dec 31, 2023.

## SEC filing metadata
- accession: 0000350894-24-000076
- form_type: 8-K
- ticker: SEIC
- cik: 0000350894
- company_name: SEI INVESTMENTS CO
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350894/000035089424000076/0000350894-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350894/000035089424000076/seic-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350894-24-000076
- JSON: https://secwatch.observer/filing/0000350894-24-000076.json
- Plain text: https://secwatch.observer/filing/0000350894-24-000076.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.