Every material Form 8-K SEI Investments filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Founder Alfred P. West, Jr. resigned as a director and officer of SEI Investments effective January 1, 2026, and will serve as non-voting Chairman Emeritus. Independent director Carl Guarino will become non-executive Chairman, and the board will shrink from nine members to eight. West said his resignation was not due to a disagreement with the company, and the board also declared a $0.52 per share dividend.
West tendered his resignation on December 12, 2025, effective January 1, 2026, and said it was not due to a disagreement on operations, policies or practices.
Carl Guarino, an independent director since 2014, was appointed non-executive Chairman effective upon West's resignation.
The board size will be reduced from nine members to eight, also effective upon West's resignation.
The board declared a $0.52 per share cash dividend on December 12, 2025, with a record date of December 29, 2025 and a payment date of January 12, 2026.
SEI Investments reported third-quarter 2025 revenue of $578.5 million, up 8% from a year earlier, and operating income of $160.0 million, up 11%. Diluted earnings per share rose 9% to $1.30, and operating margin reached 28%, which shareholders may view as evidence of improving profitability.
Q3 2025 revenue was $578.5 million, up from $537.4 million in Q3 2024.
Diluted EPS was $1.30 versus $1.19 a year earlier; the company said the net impact of one-time items on EPS was negligible.
SEI repurchased 1.6 million shares for $141.6 million in Q3 2025 at an average price of $90.02 per share.
Q3 included $0.02 per share of M&A expenses tied to the planned acquisition of Stratos.
On August 18, 2025, SEI Investments Company entered into a five-year senior unsecured revolving credit facility of $500 million, expiring in August 2030, which replaces its $325 million credit facility scheduled to expire in April 2026. The facility includes covenants limiting mergers, asset sales, additional debt and, in a default, dividends and share repurchases, and it can be increased by up to $250 million under certain conditions.
Facility size: $500 million aggregate principal, with a possible increase of $250 million under certain conditions
Maturity: August 2030; replaces the $325 million facility due April 2026
Pricing depends on the Leverage Ratio: Term SOFR plus 125 to 225 basis points, and quarterly unused fees of 15 to 35 basis points
Financial covenant: Leverage Ratio of not more than 3.00 to 1.00, with an option to increase to 3.50 to 1.00 for limited periods
SEI reported second-quarter 2025 results with revenue of $559.6 million, up 8% from a year earlier, and operating income of $148.6 million, up 9%. Diluted EPS rose 70% to $1.78, but the company said the quarter included a $0.58 per-share benefit from items affecting comparability, mainly a $94.4 million gain on the sale of its Family Office Services business.
Revenue $559.6 million vs. $519.0 million in Q2 2024; operating income $148.6 million vs. $136.5 million
Diluted EPS $1.78 vs. $1.05; EPS benefited by $0.58 from items affecting comparability
Operating margin 27%, up from 26% a year earlier but down from Q1 2025, which the company attributed to investments in talent and technology
Repurchased 2.2 million shares for $180.8 million in Q2 2025 at an average price of $83.60
SEI Investments Company appointed Thomas C. Naratil and Karin A. Risi to its Board of Directors on July 22, 2025, effective immediately, and set the board at nine members. Director Stephanie D. Miller's resignation, accepted by the board on July 21, 2025, was not due to a disagreement with the company on its operations, policies or practices.
Stephanie D. Miller tendered her resignation on July 16, 2025; the board accepted it on July 21, 2025.
Naratil and Risi were elected to the board on July 22, 2025, and will serve in classes whose terms expire at the 2026 and 2028 annual meetings, respectively.
Each new director was granted 2,076 restricted stock units under the 2024 Omnibus Equity Compensation Plan, vesting in equal annual installments over three years.
Naratil joins the Audit and Legal and Regulatory Oversight committees; Risi joins the Compensation and Nominating and Governance committees.
SEI Investments reported first-quarter 2025 results on April 23, 2025. Revenue rose 8% to $551.3 million, operating income rose 25% to $157.1 million, and diluted earnings per share rose 18% to $1.17 from $0.99 a year earlier. The company also repurchased 2.5 million shares for $192.8 million during the quarter.
Revenue of $551.3 million, up 8% from $511.6 million in the first quarter of 2024
Operating income of $157.1 million, up 25%; operating margin of 28%, compared with 25% a year earlier
Net income of $151.5 million, up 15%; share repurchases of $192.8 million at an average price of $77.10 per share
The Family Office Services business, with $14.8 billion of client assets under administration, is to be divested in the second quarter of 2025
SEI Investments said Executive Vice President Sean Denham, its Chief Financial Officer, will take on the added role of Chief Operating Officer, effective immediately. His expanded remit adds information technology, operations and human resources to his existing finance responsibilities.
Sean J. Denham, currently Chief Financial Officer, becomes Chief Financial and Chief Operating Officer (CFO/COO) effective February 25, 2025.
Denham will oversee information technology, operations and human resources, in addition to finance and accounting.
The company said the change supports its strategy for growth and its focus on return on invested capital, per CEO Ryan Hicke.
The filing does not disclose changes to Denham's compensation.
SEI Investments reported fourth-quarter 2024 results on January 29, 2025, with revenue of $557.2 million, up 15% from a year earlier, and diluted EPS of $1.19, up 31%. Operating income rose 43% to $145.5 million, and operating margin reached 26%. The company also repurchased 3.1 million shares for $259.5 million in the quarter, while ending assets under management declined 3% from the prior quarter.
Q4 2024 revenue was $557.2 million, up 15% from $484.9 million in Q4 2023.
Diluted EPS was $1.19 versus $0.91 a year earlier; full-year 2024 diluted EPS was $4.41 versus $3.46.
Net income for Q4 2024 was $155.8 million, up 29% from $120.7 million.
SEI repurchased 3.1 million shares for $259.5 million at an average price of $83.43 per share in Q4 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every SEI Investments filing is on SEC EDGAR ↗. 8-K briefs of other companies →