OAKS, PA — SEI Investments Co. (NASDAQ: SEIC) has expanded its Board of Directors with the appointment of Karin Risi and Tom Naratil, two seasoned executives with decades of leadership experience in wealth and asset management. Their appointments are effective immediately.
The announcement comes as Stephanie Miller steps down from the board to take on a new leadership role in the financial services industry, effective July 22, 2025. With these changes, SEI’s board now includes Executive Chairman Alfred P. West, Jr., CEO Ryan Hicke, and six other directors spanning diverse backgrounds in finance, technology, and operations.
“We’re thrilled to welcome Karin and Tom to SEI’s Board of Directors,” said West. “They bring a breadth and depth of leadership experience and expertise across wealth management. I’m confident they will provide strategic insight that will be invaluable as we continue to transform our company and deliver long-term value to our clients and shareholders.”
Risi previously spent nearly 30 years at Vanguard, where she led the firm’s $2.5 trillion Personal Investor and Wealth Management businesses and helped launch Vanguard’s hybrid advisory platform. She currently serves as an Independent Director at HarbourVest Partners and is involved with several nonprofit boards. At SEI, she will also join the Compensation and Nominating & Governance Committees.
“SEI has a long track record of embracing innovation and delivering long-term value,” said Risi. “They continue to redefine enterprise solutions with scale and flexibility to better meet client needs.”
Naratil brings more than 39 years of experience from UBS, where he held multiple senior roles, including Co-President of Global Wealth Management and Group Chief Financial Officer. He is now an Operating Partner at Lightyear Capital and a Finance Senior Fellow at the U.S. Military Academy. At SEI, he will serve on the Audit and Legal & Regulatory Oversight Committees.
“There are seismic shifts happening across the industry,” Naratil said. “SEI’s ecosystem and unmatched breadth of capabilities can drive meaningful impact and empower investors.”
The board additions signal SEI’s commitment to deepening its strategic capabilities as it navigates an increasingly competitive and fast-changing financial services landscape.
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