Sei Investments Management Corp (Oaks)


Sei Investments Management Corp is a large advisory firm based in Oaks. It manages $178.08 billion of regulatory assets for 39,664 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Sei Investments Management Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sei Investments Management Corp: assets under management

The assets under management (AUM) of Sei Investments Management Corp is $178.08 billion. The firm's AUM has grown by 279% since the beginning of its operation, and $83.72 million of the total AUM is attributable to clients outside of the United States.

The firm manages $167.8 billion in discretionary accounts and $10.28 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.23 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.14 billion.
Sei Investments Management Corp has custody of $3.3 million in cash and securities for 67 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 10% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sei Investments Management Corp for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Kevin Patrick Barr serves?

The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Kevin Patrick Barr is investment companies with 1 clients and $112.48 billion of assets under management. Among the 9 most similar advisory firms, Sei Investments Management Corp has the 4th highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $177.89 billion for 39,676 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Sei Investments Management Corp also advises several private funds. Namely, ten hedge funds, one liquidity fund, one other private fund, and six private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $10,000,000.

Careers at Sei Investments Management Corp

The company employs 401 people that are either part- or full-time employees. 49 percent of the employees work as investment advisers or researchers. 118 employees are registered as investment adviser representatives with the state securities authorities.

There are 48 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Kevin Patrick Barr has been acting as President since 1 Apr 2008. Karl Franklin Dasher has served as the Chief Investment Officer since 1 Mar 2006. Jennifer Hickman Campisi joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alfred Paul West Chairman & ceo 1 Feb 1969 Other 4346504
Carmen Vincent Romeo Executive vice president 1 Mar 1977 Other 1075901
Sei Investments Company Shareholder 1 Dec 1982 75% - 100% 23-1707341
Richard Bruce Lieb Executive vice president 1 Jul 1986 Other 1763614
Carl Anthony Guarino Executive vice president 1 May 1988 Other 1512063
Edward Doyle Loughlin Senior vice president 1 Jan 1995 Other 1262251
Cynthia Michele Parrish Vice president 1 Feb 1998 Other 3142907
Kathy Ann Heilig Treasurer/controller 1 May 1999 Other 6042917
Todd Brian Cipperman General counsel, senior vice president 1 Mar 2000 Other 4346522
Timothy Dean Barto General counsel 1 Dec 2003 Other 4743037
Llc Simc Holding Shareholder 1 Dec 2003 75% - 100% 41-2120258
Thomas D. Jones Chief compliance officer 1 Mar 2004 Other 4722768
Michael Timothy Brophy Chief compliance officer 1 Feb 2006 Other 2573291
Karl Franklin Dasher Chief investment officer 1 Mar 2006 Other 2482395
Norman Jeffrey Klauder Senior vice president 1 Dec 2006 Other 5315033
Joseph Paul Ujobai Senior vice president 1 Dec 2006 Other 1854221
Wayne Montgomery Withrow Senior vice president 1 Dec 2006 Other 2082355
Kevin Patrick Barr Vice president 1 Mar 2008 Other 4704748
Stephanie Laura Cavanagh Chief compliance officer 1 Mar 2008 Other 3252721
Kevin Patrick Barr President 1 Apr 2008 Other 4704748
Laura Kay Smolenski Chief compliance officer 1 Apr 2012 Other 4160782
Laura Kay Hansell Chief compliance officer 1 Apr 2012 Other 4160782
Paul Francis Klauder Senior vice president 1 Mar 2016 Other 2474240
Michael Neil Peterson Senior vice president 1 Jun 2018 Other 6973933
Stephanie Laura Cavanagh Interim cco 1 Feb 2019 Other 3252721
Jennifer Hickman Campisi Chief compliance officer 1 Aug 2019 Other 5299753

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Sei Investments Company Member 1 Dec 2003 75% - 100% 23-1707341

Based in Oaks

The principal office where Sei Investments Management Corp performs its advisory services is located at One Freedom Valley Drive, Oaks, PA 19456, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-676-1000 or by fax (484) 676-3479. The normal business hours are 8:30 am - 5:30 pm (est) on Monday - Friday. You can find more information about the New York firm at seic.com.