SEI Investments Reports 8% Revenue Growth to $578.5 Million in Q3 2025

SEI Investments Company reported a solid financial performance for the third quarter of 2025, with total revenues reaching $578.5 million, an increase of 8% from $537.4 million in the same period last year. For the nine months ending September 30, 2025, revenues also grew by 8% to $1.69 billion compared to $1.57 billion in 2024. The company's net income for the third quarter was $164.6 million, up 6% from $154.9 million a year earlier, while net income for the nine-month period increased by 28% to $543.2 million. Basic earnings per share rose to $1.33 from $1.20, and diluted earnings per share increased to $1.30 from $1.19.

The company experienced notable changes in its financial metrics compared to the previous fiscal period. Operating income for the third quarter increased by 11% to $160.0 million, while for the nine months, it rose by 15% to $465.7 million. The increase in revenues was primarily driven by higher asset management, administration, and distribution fees, which benefited from an increase in assets under administration and market appreciation. Average assets under administration grew by 13% to $1.1 trillion, reflecting strong cross-sales and new client acquisitions.

Strategically, SEI completed the divestiture of its Family Office Services business on June 30, 2025, resulting in a net gain of $94.4 million, which significantly contributed to the company's financial results. Additionally, the company announced an agreement to acquire Stratos Wealth Holdings for approximately $527 million, which is expected to enhance its service offerings to financial advisors. The acquisition is subject to regulatory approval and is anticipated to close in two stages.

Operationally, SEI reported an increase in customer engagement, with total assets under management reaching $1.8 trillion as of September 30, 2025. The company also noted a rise in personnel costs due to business growth, particularly in the Investment Managers segment. The total employee headcount increased as the company expanded its operations to support new client conversions and enhance its technology platforms. The SEI Wealth Platform and the newly launched SEI Scope platform are expected to drive further growth in the coming quarters.

Looking ahead, SEI Investments Company remains optimistic about its growth trajectory, supported by strong market conditions and strategic investments. The company anticipates continued revenue growth driven by increased assets under management and ongoing client demand for its services. However, it also acknowledges potential risks, including regulatory scrutiny and market volatility, which could impact future performance. The company is committed to addressing these challenges while focusing on enhancing its operational capabilities and expanding its market presence.