OAKS, PA — SEI Investments Company (Nasdaq: SEIC) closed out 2025 with a strong fourth quarter, reporting double-digit growth in earnings and operating income as the financial services firm benefited from broad-based momentum across its business lines.
The company said diluted earnings per share for the fourth quarter rose 16 percent to $1.38 compared with the same period a year earlier, while revenue increased 9 percent to $607.9 million and operating income climbed 11 percent to $161.6 million. Operating margin expanded to 27 percent, up from 26 percent in the fourth quarter of 2024.
For the full year, SEI reported net income attributable to the company of $715.3 million, a 23 percent increase from 2024. Annual diluted earnings per share rose 28 percent to $5.63, while revenue grew 8 percent to $2.3 billion and operating income increased 14 percent to $627.3 million. The company’s operating margin for the year held at 27 percent.
SEI said the quarter’s performance was not driven by a single business or one-time event, but rather by steady execution across its integrated platform, which spans investment managers, private banks, investment advisors, and institutional investors.
The Investment Managers segment delivered one of the strongest showings, with fourth-quarter revenue up 15 percent year over year and operating profit rising 25 percent. Private Banks posted a 47 percent jump in operating profit for the quarter, reflecting increased demand for software, implementation services, and professional services. Investment Advisors and Institutional Investors also recorded year-over-year gains in both revenue and operating profit.
Sales activity accelerated late in the year, with total fourth-quarter sales events reaching $43.6 million and full-year sales events setting a record at $149.9 million. The Private Banks segment led the quarter, followed by Investment Managers, which saw strong demand from U.S.-based alternative asset managers.
SEI also reported continued growth in assets. Ending assets under administration increased 3 percent from the third quarter, while assets under management rose 2 percent, supported by client wins and market appreciation.
During the quarter, the company completed the first and largest closing of its acquisition of Stratos Wealth Holdings for $440.8 million, funded entirely with balance-sheet cash. SEI said the transaction expands its presence in the advice market and broadens distribution across registered investment advisor and broker-dealer channels.
SEI returned capital to shareholders during the quarter by repurchasing 1.2 million shares for $101.0 million, bringing total share repurchases for 2025 to 7.5 million shares.
Management said the company entered 2026 with confidence, citing demand for outsourcing, the convergence of public and private markets, and continued need for investment advice as longer-term growth drivers.
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