SEI Investments has announced exceptional financial outcomes for the third quarter of 2025, showcasing significant advancements in its core business operations. The company reported an all-time high adjusted earnings per share of $1.30, reflecting an 8% sequential and 17% year-over-year increase. This robust performance is attributed to substantial revenue growth and improved margins across its various segments. A key driver of this success was the investment managers business, which recorded $31 million in net sales events, predominantly from client expansions and alternative managers. Noteworthy achievements included securing the largest institutional fixed income mandate to date and a significant $13 million win in private banking.
Despite these successes, the company did experience a contract termination in private banking. However, management emphasized that this was an isolated incident, not indicative of a broader trend, and expressed confidence that new client acquisitions would more than compensate for the loss. SEI's year-to-date net sales events have surpassed $100 million, marking a new company record for the first three quarters. The firm continues to strategically deploy capital through aggressive share buybacks, totaling $142 million in the quarter, and making a $50 million anchor investment in LSV's market-neutral hedge fund. Furthermore, SEI is actively investing in technological innovation, with promising early-stage developments in AI and tokenization aimed at enhancing operational efficiency and scalability.
Looking forward, SEI is poised for sustained growth, bolstered by a strong pipeline of opportunities and a clear enterprise strategy. The company's integrated approach is fostering cross-segment collaboration, enabling it to expand its market share and deliver consistent financial results. With a disciplined focus on operational efficiency, talent development, and strategic investments, SEI is committed to maximizing shareholder value and capitalizing on future market dynamics.
