SEI Investments

SEI Investments posts 15% revenue growth in Q2 2026, driven by alternatives administration expansion and Stratos acquisition, while GAAP net income declines 12% on prior-year asset sale gain.

SEI Investments delivered $641.6 million in Q2 2026 revenue, up 15% year-over-year, with the Investment Managers segment leading at 17% growth on the back of cross-sales to alternative fund clients and $1.35 trillion in average assets under administration. The Stratos acquisition contributed $40.1 million in revenue in the first half of 2026 but compressed the Investment Advisors operating margin by 4 percentage points to 42%, with $12.8 million in acquired intangible amortization as the primary drag. The GAAP net income decline of 12% to $195.7 million in Q2 2026 is entirely attributable to the absence of the prior-year $94.4 million Family Office Services divestiture gain; adjusted net income rose 33% to $204.2 million, confirming that the underlying operating business is accelerating.

SEI Investments is a global provider of financial technology, operations, and asset management solutions serving wealth managers, banks, investment advisors, asset managers, and institutional investors. The company operates across four client-oriented segments and generates roughly 57% of revenue from technology and operations outsourcing and 38% from asset management fees. As of December 31, 2025, SEI manages, advises, or administers approximately $1.9 trillion in assets.

Primary products

• SEI Wealth Platform (SWP)
• TRUST 3000
• SEI Access
• SEI Novus
• SEI Data Cloud
• SEI Sphere

“SEI serves leading institutions globally, including 8 of the top 20 U.S. banks and 43 of the top 100 investment managers worldwide, and we manage, advise or administer approximately $1.9 trillion in assets.” Competitive position, as stated in the filing