{"schema_version":"secwatch.filing_event.v1","accession":"0000350894-24-000078","form_type":"8-K","ticker":"SEIC","cik":"0000350894","company_name":"SEI INVESTMENTS CO","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.561749+00:00","generated_at":"2026-06-03T09:58:14.641829+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"SEI Q1 EPS $0.99 (+25% YoY), revenue $511.6M (+9%); Private Banks OP up 103%","bullets":["Diluted EPS $0.99 vs $0.79 Q1 2023 (+25%); revenue $511.6M (+9%).","Private Banks operating profit surged 103% to $17.2M; Investment Advisors operating margin 45%.","Net sales events in Private Banks & Investment Managers totaled $24.5M, expected to generate ~$20.7M annual recurring revenue.","LSV earnings rose to $31.6M (+9%) on market appreciation and performance fees; repurchased 808k shares for $56M.","Free cash flow $92.9M; capitalized software $6.3M for SWP and new IM platform."],"urls":{"canonical":"https://secwatch.observer/filing/0000350894-24-000078","json":"https://secwatch.observer/filing/0000350894-24-000078.json","markdown":"https://secwatch.observer/filing/0000350894-24-000078.md","text":"https://secwatch.observer/filing/0000350894-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/350894/000035089424000078/0000350894-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/350894/000035089424000078/seic-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:58:14.641829+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":"d50affdb5894666d32e524a476214b803861ecc6","claim":"SEI INVESTMENTS CO reported first quarter ended March 31, 2024 results: revenue $511,579, net income 131,400, EPS $0.99.","evidence_excerpt":"2024 compared to $0.79 in first-quarter 2023. Consolidated Overview (In thousands, except earnings per share) For the Three Months Ended March 31, 2024 2023 % Revenues $511,579 $469,119 9% Net income 131,400 107,015 23% Diluted earnings per share $0.99 $0.79 25% “We entered 2024 with continued momentum, reflecting our strategic focus on increasing sales","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/350894/000035089424000078/0000350894-24-000078-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$511,579"},{"label":"Net income","value":"131,400"},{"label":"EPS","value":"$0.99"},{"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"}