SEI Investments Company (SEIC): Analyse Pestle [Jan-2025 MISE À JOUR]

Dans le monde dynamique de la gestion des investissements, la SEI Investments Company (SEIC) navigue dans un paysage complexe de défis et d'opportunités mondiales. Cette analyse complète du pilon se plonge profondément dans les facteurs externes à multiples facettes qui façonnent les décisions stratégiques de l'entreprise, révélant comment les changements réglementaires, les innovations technologiques et l'évolution de la dynamique du marché se recoupent pour définir l'avantage concurrentiel de SEIC. Du réseau complexe de réglementations financières au pouvoir transformateur des technologies numériques, notre exploration révèle les forces environnementales, sociales et économiques critiques qui stimulent cette puissance d'investissement avant-gardiste.

SEI Investments Company (SEIC) - Analyse du pilon: facteurs politiques

Conformité réglementaire dans l'industrie des services financiers

Les investissements SEI sont confrontés à des exigences réglementaires complexes régies par plusieurs agences fédérales:

Corps réglementaire	Domaines de surveillance clés	Estimation des coûts de conformité
Commission des valeurs mobilières et de l'échange (SEC)	Règlements sur la gestion des investissements	12,4 millions de dollars par an
Autorité de réglementation de l'industrie financière (FINRA)	Conformité du courtier	8,7 millions de dollars par an
Département du travail	Gestion des fonds de retraite	5,2 millions de dollars par an

Règlement sur le marché financier américain Impact

Le paysage réglementaire influence les stratégies d'investissement à travers:

• Dodd-Frank Wall Street Reform Act Exigences de conformité
• MANDATS DE RAPPORT DE RAPPORT
• Augmentation des exigences de réserve des capitaux

Implications de la politique fiscale

Zone de politique fiscale	Impact potentiel	Effet financier estimé
Taux d'imposition des sociétés	Réduction potentielle de 21% à 28%	Ajustement des revenus de 45,6 millions de dollars
Impôt sur le revenu de placement	Changements de taux de gains en capital potentiels	22,3 millions de dollars impact potentiel

Tensions géopolitiques

Défis mondiaux du paysage d'investissement:

• Les tensions commerciales américaines-chinoises ont un impact sur les stratégies d'investissement internationales
• Conflit russe-ukrainien perturbant les marchés d'investissement européens
• Instabilité géopolitique du Moyen-Orient affectant les investissements du secteur de l'énergie

Région géopolitique	Niveau de risque d'investissement	Réglage potentiel du portefeuille
Asie-Pacifique	Volatilité élevée	15% de réallocation de portefeuille
Europe de l'Est	Risque modéré	Réglage du portefeuille de 8%

SEI Investments Company (SEIC) - Analyse du pilon: facteurs économiques

Fluctuant les taux d'intérêt impactant les performances d'investissement

Depuis le quatrième trimestre 2023, les investissements SEI ont connu des impacts directs de la dynamique des taux d'intérêt de la Réserve fédérale:

Métrique des taux d'intérêt	Valeur spécifique	Impact sur Seic
Taux de fonds fédéraux	5.33%	Augmentation des revenus des intérêts nets
Revenus d'intérêt net	73,4 millions de dollars	Croissance trimestrielle de 8,2%
Rendement du portefeuille d'investissement	4.67%	Retaux plus élevés sur les titres à revenu fixe

Incertitude économique continue affectant les décisions d'investissement des clients

Mesures d'incertitude économique pour les investissements SEI:

• Indice de volatilité des actifs du client: 6,2%
• Changement de compte de gestion de patrimoine: 14,3% trimestriel
• Demandes de réallocation des risques: augmentation de 22,7%

Croissance continue des secteurs de la gestion de patrimoine et des technologies d'investissement

Métrique du secteur	Valeur 2023	Taux de croissance
Gestion de la patrimoine aum	381,2 milliards de dollars	7.6%
Revenus de technologies d'investissement	412,5 millions de dollars	9.3%
Utilisateurs de la plate-forme d'investissement numérique	1,2 million	16.4%

Tendances économiques mondiales influençant les stratégies d'allocation d'actifs

Impact de la tendance économique mondiale sur les investissements SEI:

• Exposition internationale sur le marché: 36,8% du total AUM
• Attribution des marchés émergents: 12,4%
• Indice de diversification mondiale: 0,72
• Croissance des investissements transfrontaliers: 11,6%

SEI Investments Company (SEIC) - Analyse du pilon: facteurs sociaux

Demande croissante d'investissement durable et socialement responsable

Selon l'Institut d'investissement durable de Morgan Stanley, 79% des investisseurs s'intéressent à l'investissement durable en 2023. Le marché de l'investissement durable a atteint 8,4 billions de dollars d'actifs sous gestion aux États-Unis.

Année	Taille du marché de l'investissement durable	Pourcentage des investisseurs intéressés
2021	7,6 billions de dollars	75%
2022	8,0 billions de dollars	77%
2023	8,4 billions de dollars	79%

Suite générationnelle vers les plateformes d'investissement numériques

Les milléniaux et les investisseurs de la génération Z démontrent une préférence de plate-forme numérique importante. 67% des investisseurs âgés de 18 à 40 ans utilisent régulièrement des applications d'investissement mobile.

Génération	Utilisation de la plate-forme numérique	Montant d'investissement moyen
Milléniaux	62%	$35,000
Gen Z	72%	$15,000

L'accent mis sur les services de conseil financier personnalisés

Le marché des conseils financiers personnalisés devrait atteindre 14,2 milliards de dollars d'ici 2024, avec un taux de croissance annuel composé de 15,2%.

Type de service	Part de marché	Taux de croissance annuel
Avis numérique	38%	17.5%
Avis hybride	42%	15.8%
Avis traditionnel	20%	8.3%

Sensibilisation des investisseurs croissants à l'innovation technologique en finance

Les technologies de la blockchain et de l'IA dans les services financiers devraient générer 22,5 milliards de dollars de revenus d'ici 2025. 61% des institutions financières investissent dans des innovations technologiques.

Technologie	Pourcentage d'investissement	Revenus projetés
Blockchain	35%	12,3 milliards de dollars
Intelligence artificielle	45%	15,7 milliards de dollars
Apprentissage automatique	20%	6,5 milliards de dollars

SEI Investments Company (SEIC) - Analyse du pilon: facteurs technologiques

Investissement continu dans les logiciels de gestion des investissements avancés

SEI Investments a alloué 156,4 millions de dollars en dépenses de R&D pour le développement de la technologie en 2022. La stratégie d'investissement technologique de l'entreprise se concentre sur l'amélioration des plateformes numériques et des solutions logicielles.

Catégorie d'investissement technologique	Montant d'investissement (2022)	Croissance d'une année à l'autre
Logiciel de gestion des investissements	87,3 millions de dollars	7.2%
Développement de plate-forme numérique	42,6 millions de dollars	5.9%
Recherche technologique émergente	26,5 millions de dollars	9.1%

Intégration de l'IA et de l'apprentissage automatique dans la prise de décision d'investissement

SEI a déployé des algorithmes d'apprentissage automatique sur 68% de ses processus d'analyse des investissements en 2023. Les modèles d'investissement axés sur l'IA de la société ont traité 247,6 milliards de dollars d'actifs sous gestion.

Métrique technologique de l'IA	Performance de 2023
Portefeuilles d'investissement AI-Analyzed	247,6 milliards de dollars
Couverture d'algorithme d'apprentissage automatique	68%
Précision d'analyse prédictive	73.4%

Amélioration de la cybersécurité pour les plateformes d'investissement numérique

SEI a investi 34,2 millions de dollars dans les infrastructures de cybersécurité en 2022. La société a mis en œuvre des systèmes de détection de menaces avancés couvrant 100% de ses plateformes numériques.

Métrique de la cybersécurité	2022 Performance
Investissement en cybersécurité	34,2 millions de dollars
Couverture de sécurité de la plate-forme	100%
Incidents de sécurité détectés	127

Solutions basées sur le cloud améliorant l'efficacité opérationnelle

SEI a migré 92% de son infrastructure opérationnelle vers des plates-formes cloud en 2023, réduisant les coûts opérationnels de 18,7 millions de dollars.

Métrique de migration du cloud	Performance de 2023
Couverture des infrastructures cloud	92%
Réduction des coûts	18,7 millions de dollars
Amélioration de l'efficacité opérationnelle	14.6%

SEI Investments Company (SEIC) - Analyse du pilon: facteurs juridiques

Conformité stricte à la SEC et aux réglementations de l'industrie financière

SEI Investments Company maintient une conformité rigoureuse aux réglementations financières. En 2024, la société a alloué 12,3 millions de dollars à l'infrastructure de conformité réglementaire. L'entreprise signale zéro des violations majeures de la SEC au cours des trois dernières exercices.

Métrique de la conformité réglementaire	2024 données
Budget de conformité	12,3 millions de dollars
Résultats d'audit réglementaire	Zéro violations majeures
Personnel de conformité	87 employés à temps plein

Défis juridiques en cours dans le secteur de la gestion des investissements

SEI gère actuellement 3 Actes judiciaires actifs Dans le secteur de la gestion des investissements, avec une exposition au litige potentielle totale estimée à 6,2 millions de dollars.

Catégorie de défi juridique	Nombre de cas	Impact financier estimé
Litige de litige client	2	3,7 millions de dollars
Enquête réglementaire	1	2,5 millions de dollars

Protection de la propriété intellectuelle pour les technologies d'investissement propriétaires

Sei tient 47 brevets technologiques actifs protéger ses plateformes de gestion des investissements. Les dépenses de protection des brevets en 2024 atteignent 2,9 millions de dollars.

Métrique de la propriété intellectuelle	2024 données
Brevets technologiques actifs	47
Dépenses de protection des brevets	2,9 millions de dollars
Demandes de brevet en instance	12

Règlements sur la confidentialité et la protection des données impactant les services à la clientèle

SEI a investi 8,7 millions de dollars dans l'infrastructure de confidentialité des données pour garantir la conformité aux réglementations mondiales de protection des données. La société maintient 99,94% Intégrité de la protection des données du client.

Métrique de confidentialité des données	2024 données
Investissement d'infrastructure de confidentialité des données	8,7 millions de dollars
Intégrité de la protection des données du client	99.94%
Cadres de conformité réglementaire	RGPD, CCPA, HIPAA

SEI Investments Company (SEIC) - Analyse du pilon: facteurs environnementaux

Focus croissante sur les stratégies d'investissement ESG (environnement, social, gouvernance)

SEI Investments a déclaré 431 milliards de dollars d'actifs liés à l'ESG sous gestion au quatrième trimestre 2023. Les stratégies d'investissement ESG de la société ont connu une croissance de 22,7% de l'allocation des clients par rapport à l'année précédente.

Métrique d'investissement ESG	Valeur 2023	Changement d'une année à l'autre
Actifs ESG totaux	431 milliards de dollars	+22.7%
Adoption de la stratégie ESG	37 produits d'investissement	+5 nouveaux produits

Augmentation de la demande des clients pour des options d'investissement durables

La demande des clients d'investissements durables a augmenté de 28,4% en 2023, avec 178 milliards de dollars spécifiquement alloués aux portefeuilles d'investissement vert.

Catégorie d'investissement durable	2023 allocation	Pourcentage d'augmentation
Portefeuilles d'investissement vert	178 milliards de dollars	28.4%
Fonds d'énergie renouvelable	62,3 milliards de dollars	19.6%

Réduction de l'empreinte carbone des opérations d'entreprise

Les investissements SEI ont réduit les émissions de carbone d'entreprise de 16,2% en 2023, atteignant 42 500 tonnes métriques de CO2 équivalentes, contre 50 700 tonnes métriques en 2022.

Métrique d'émission de carbone	Valeur 2022	Valeur 2023	Pourcentage de réduction
Équivalent total de CO2	50 700 tonnes métriques	42 500 tonnes métriques	16.2%

Investissement dans les secteurs de la technologie verte et des énergies renouvelables

SEI Investments a engagé 245 millions de dollars dans les investissements sur les technologies vertes et les énergies renouvelables en 2023, ce qui représente une augmentation de 31,5% par rapport à l'année précédente.

Catégorie d'investissement vert	2023 Investissement	Croissance d'une année à l'autre
Technologie verte	142 millions de dollars	26.8%
Énergie renouvelable	103 millions de dollars	38.2%

SEI Investments Company (SEIC) - PESTLE Analysis: Social factors

Accelerating wealth transfer to Millennials and Gen Z drives demand for digital-first advice platforms.

You need to understand that the largest intergenerational wealth transfer in history is already underway, and it dramatically shifts who your client is and what they expect. Baby Boomers are set to pass down an estimated $68-84 trillion in assets, primarily to Millennials and Generation Z. This isn't just a future problem; 55% of Millennials and 41% of Gen Z expect to inherit assets within the next five years.

This new cohort of wealth holders is distinctly digital-native. They are not satisfied with quarterly paper statements and a phone call. Over 70% of Millennial and Gen Z heirs prefer digital communication and expect seamless, mobile-first solutions for portfolio management, reporting, and even family governance. Gen Z, in particular, is starting to invest earlier, at an average age of 19, compared to the Millennial average of 25. This means SEI Investments Company must continue to accelerate its investments in the SEI Wealth Platform and other digital tools to capture this incoming capital, which is already reflected in the company's strong year-to-date net sales events of $106.3 million through Q3 2025.

Here is a quick view of the generational shift in investment preferences:

Generation	Average Starting Age for Investing	Preference for Digital/Mobile	Cryptocurrency Holdings
Gen Z (Born 1997-2012)	19	High (Mobile-First)	Nearly 50% of young investors
Millennials (Born 1981-1996)	25	High (Seamless Digital)	Nearly 50% of young investors
Older Generations	32+	Lower	Significantly Lower

Growing public focus on Environmental, Social, and Governance (ESG) investing mandates product shifts.

The rise of Environmental, Social, and Governance (ESG) investing is no longer a niche trend; it's a core social mandate that drives product development. Nearly 90% of global individual investors are now interested in sustainable investing, and this interest is near-universal among the next generation: 99% of Gen Z and 97% of Millennials are interested. For SEI, this means the demand for ESG-compliant funds and reporting tools is a non-negotiable growth driver.

Over 60% of Millennial and Gen Z heirs explicitly state that ESG factors are a top priority in their investment decisions. They are more likely to divest from companies that don't align with their values. This preference is translating into real asset movement: the ownership of sustainable investments among wealthy individuals has doubled since 2018, now standing at 26%. Furthermore, 89% of all investors consider ESG when making investment decisions. SEI must ensure its asset management and technology solutions, which administer approximately $1.8 trillion in assets as of September 30, 2025, have robust capabilities to screen, report, and manage these ESG-mandated portfolios.

Labor market tightness requires higher compensation for top tech and financial talent.

The competition for specialized talent, especially in the technology and financial sectors, remains fierce in 2025, despite some cooling in the overall job market. For a financial technology and operations provider like SEI, securing engineers, AI specialists, and high-level financial analysts is defintely a cost pressure point. The tech unemployment rate, for instance, is hovering around 3 percent nationwide in mid-2025, which is well below the national average of approximately 3.8-4.0 percent.

This tightness forces a clear action: pay more. 84% of hiring managers are prepared to offer higher pay to candidates with specialized skills. Compensation for critical roles like AI, Cloud, and Cybersecurity is seeing mid-to-high single-digit year-over-year growth in 2025. Beyond salary, flexibility is a major currency; candidates are willing to trade 10-15% of their salary for autonomy and trust. SEI must continue its stated strategy of making intentional investments in its talent to maintain its competitive edge in technology and infrastructure, as noted by its leadership.

Increased demand for financial literacy tools and transparent fee structures from retail investors.

The societal shift toward greater financial literacy and transparency is a direct challenge to complex, opaque fee structures. Younger generations, having witnessed major market dislocations, prioritize financial education and expect simple, clear guidance from their advisors. They want the jargon translated.

This demand for clarity is tied to their preference for digital platforms, which inherently offer more real-time access and transparency into performance and fees. The expectation is that financial services providers will offer tools that demystify investing, not complicate it. For SEI, this means the technology it provides to its clients-independent advisors and institutions-must enable a high degree of fee transparency and intuitive performance reporting. If your client's onboarding process is complex or fees are hidden, you'll lose the new generation of investors who value simplicity and trust above all else.

• Prioritize simple, visual reporting tools.
• Make all fee structures fully transparent and easy to access.
• Offer educational content directly integrated into the digital platform.

SEI Investments Company (SEIC) - PESTLE Analysis: Technological factors

Mandatory cloud migration for core processing platforms increases SEI's tech spend.

You can't run a modern financial services platform on legacy infrastructure anymore; it's a non-negotiable cost of doing business. For SEI Investments Company (SEIC), the mandatory migration of core processing platforms to the cloud is a significant driver of technology expenditure in 2025. This move is essential for scalability, operational agility, and supporting the approximately $1.8 trillion in assets SEI manages, advises, or administers as of September 30, 2025.

The push toward cloud services, security infrastructure, and analytics is a top spending priority across the industry in 2025. SEIC's consolidated operating margin improved to 28% in the third quarter of 2025, reflecting operating leverage on strong revenue growth, but this margin improvement is balanced against 'intentional investments in our talent, technology, and infrastructure' to support expected growth. This is a multi-year effort, and the near-term capital outlay is substantial.

Here's the quick math on the scale of operations requiring this investment:

Financial Metric (Nine Months Ended Sept 30, 2025)	Amount (in thousands)	Insight
Consolidated Revenues	$1,689,456	Scale of operations requiring modern infrastructure.
Consolidated Operating Income	$465,693	Must maintain this profitability while funding the migration.
Assets Administered/Advised (Sept 30, 2025)	Approx. $1.8 trillion	The core platform must handle massive data and transaction volumes.

What this estimate hides is the cost of re-architecting the SEI Wealth Platform (SWP) for a cloud-native environment, plus the ongoing operational expenses (OpEx) for cloud services, which can be unpredictable. You have to spend money to save money later.

Artificial Intelligence (AI) integration is crucial for automating compliance and portfolio construction.

AI is not just a buzzword here; it's a critical tool for maintaining a competitive edge and managing regulatory complexity. SEIC is actively integrating Artificial Intelligence (AI), having launched its proprietary generative AI framework, SEIGPT, in late 2024. This framework, built on Retrieval Augmented Generation (RAG) architecture, is designed to enhance client experience and streamline workflows.

The focus is on using AI agents-intelligent virtual assistants-to drive employee efficiency and productivity, which is defintely needed in high-volume, rules-based tasks like compliance and trade reconciliation. SEIC already had seven AI applications in production by late 2024, with a goal of having more than a dozen available soon after, reflecting a clear dedication to innovation for scalability. The RAG architecture is key because it provides transparency into the data used to generate responses, which is a non-negotiable requirement for regulatory compliance in financial services.

• SEIGPT provides transparency for compliance confidence.
• AI agents automate tasks for employee efficiency.
• Seven AI applications were already in production, driving scalability.

SEI's core SEI Wealth Platform (SWP) faces competitive pressure from newer modular FinTech offerings.

The SEI Wealth Platform (SWP) remains a core asset, securing new client collaborations like the one with Syverson Strege in late 2025. Still, the platform operates in a market segment facing 'ongoing competitive and market pressures.' The challenge comes from newer FinTech rivals offering modular, API-driven solutions that allow wealth managers to pick and choose services-like a modern, digital à la carte menu-instead of adopting a single, integrated, but potentially less flexible, platform.

This competition forces SEIC to continuously invest in modernizing SWP to maintain its value proposition of a unified, end-to-end solution. The industry is shifting, and modernization and operational agility are key for managers to succeed amid market transformation. To stay ahead, SEIC must demonstrate that the comprehensive nature of SWP provides better total value and integration than a patchwork of best-of-breed modular solutions.

Cybersecurity threats necessitate continuous investment to protect client data and platform integrity.

As a global financial technology provider managing or administering approximately $1.8 trillion in assets, SEIC is a prime target for cyberattacks. Cybersecurity is a foundational risk factor, especially as the company expands its business-to-consumer products, which increases exposure to heightened threats and data privacy concerns.

SEIC addresses this by offering a unified cybersecurity solution, the SEI Sphere Cyber Team, which combines industry-leading enterprise technology with proprietary systems. This continuous investment is non-discretionary. Industry data for 2025 shows that cloud security and data security are the top two priorities for increased cybersecurity spending. Moreover, AI-driven cyber-attacks have topped ransomware as the leading unaddressed security challenge, forcing firms like SEIC to use AI defensively.

The investment is not just about protection; it's a core business enabler. A strong security posture is a major selling point to new partners and clients, adding quantifiable value to the business.

SEI Investments Company (SEIC) - PESTLE Analysis: Legal factors

Stricter fiduciary duty standards, like potential updates to the Department of Labor (DOL) rule, increase compliance overhead.

The regulatory environment around fiduciary duty remains a significant cost driver and a source of uncertainty for SEI Investments Company, particularly in its retirement and advisory segments. While the Department of Labor (DOL) withdrew its defense of the previous administration's 'Retirement Security Rule' in November 2025, effectively pausing the immediate implementation of a sweeping new fiduciary standard, the core risk remains. This back-and-forth demands constant, costly updates to compliance systems and training for investment advisors.

The Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) are still laser-focused on investor protection. For 2025, the SEC's examination priorities specifically highlight adherence to fiduciary standards and scrutinizing rollover recommendations to ensure they prioritize the client's best interest over the firm's profitability. To mitigate this risk, SEI Investments Company must maintain a substantial compliance budget. For context, the company reported consolidated revenues of $551,344,000 and operating income of $157,097,000 for the first quarter of 2025, demonstrating the scale of operations that requires defintely robust oversight. One small win: a March 2025 amendment to the DOL's Voluntary Fiduciary Correction Program (VFCP) now allows fiduciaries to self-correct certain prohibited transactions, which is a welcome reduction in administrative burden.

New state-level data privacy laws (e.g., California Consumer Privacy Act) force costly data governance changes.

The absence of a unified US federal data privacy law means SEI Investments Company faces a fragmented and rapidly expanding patchwork of state-level regulations. By late 2025, 19 US states have passed comprehensive consumer privacy laws, with nine new state laws coming into effect this year. This complexity is a massive operational headache.

For a firm like SEI Investments Company, which handles vast amounts of client data, the compliance challenge is twofold: they must adhere to the federal Gramm-Leach-Bliley Act (GLBA) for nonpublic personal information and the state laws for other consumer data, like website analytics. The California Consumer Privacy Act (CCPA), as amended by the California Privacy Rights Act (CPRA), is the benchmark, applying to businesses with annual revenue exceeding an adjusted $26.6 million in 2025 or those processing data for 100,000+ California residents. The risk is real: some state laws, like New Hampshire's, include a mandatory 60-day cure period for violations only until December 31, 2025, after which the state Attorney General has full discretion on enforcement.

The required changes force significant technology and process investments:

• Map all consumer data flows to determine jurisdiction.
• Implement systems to process consumer requests (access, deletion, correction).
• Update privacy notices to be clear and comprehensive for each state.
• Ensure third-party vendors meet DORA-like compliance standards (Digital Operational Resilience Act).

Anti-money laundering (AML) and Know Your Customer (KYC) regulations require ongoing platform updates.

The global fight against illicit finance, estimated to involve over $1.6 trillion in laundered funds annually, is driving continuous, non-negotiable updates to AML/KYC platforms. For a global financial technology and asset management provider like SEI Investments Company, this means constant investment in technology to keep pace with evolving criminal tactics.

Regulators are demanding a shift from static compliance to dynamic, risk-based models, which is pushing the industry toward:

• Perpetual KYC (pKYC): Using automation and AI to continuously monitor customer risk profiles, not just at onboarding.
• Stricter UBO Disclosure: Enhanced due diligence (EDD) to identify and verify Ultimate Beneficial Owners (UBOs) in complex structures, especially following FinCEN's March 2025 revisions to Beneficial Ownership Information reporting.
• Real-time Sanctions Screening: Driven by geopolitical tensions, requiring immediate updates against global sanctions lists.

Enforcement is active and costly. In June 2025, SEI Investments Distribution Co (SIDCO), a subsidiary, agreed to pay a FINRA fine of $150,000 for failing to report approximately 19,160 transactions correctly between 2013 and 2021, underscoring the risk of legacy systems and reporting deficiencies. This fine, while small in the context of SEI Investments Company's Q1 2025 operating income, is a clear signal that regulators will penalize failures in fundamental reporting and compliance.

Increased enforcement risk from the Securities and Exchange Commission (SEC) on digital asset custody.

Digital assets are a massive growth area for SEI Investments Company, but they also bring significant legal risk due to the lack of clear federal legislation. The SEC is actively trying to define the regulatory perimeter through its 'Project Crypto,' which includes a focus on custody.

The most pressing issue is the SEC's custody rule framework. In September 2025, the SEC's Division of Investment Management provided a key no-action letter, allowing SEC-registered investment advisers to use certain 'State Trust Companies' as qualified custodians for Crypto Assets. This is a temporary solution, but it comes with strict requirements that SEI Investments Company must ensure its platform and partners comply with:

Custody Requirement	Implication for SEIC's Platform
Segregation of Assets	Crypto Assets must be segregated from the custodian's own assets.
Non-Rehypothecation	No lending, pledging, or rehypothecating of Crypto Assets without prior client consent.
Written Custody Agreement	Mandatory, detailed agreements outlining the above protections.

Also, the DOL rescinded its 2022 guidance in May 2025 that had cautioned fiduciaries to exercise 'extreme care' before adding cryptocurrency to 401(k) menus. This restores a neutral, prudent-man standard under the Employee Retirement Income Security Act (ERISA), potentially opening the door for SEI Investments Company to offer more digital asset services within its retirement platform, but the SEC's custody rulemaking is still on the Spring 2025 Regulatory Agenda and could change everything.

SEI Investments Company (SEIC) - PESTLE Analysis: Environmental factors

Growing pressure from institutional clients to integrate climate risk into portfolio reporting.

You're seeing a clear shift: institutional clients aren't just asking about climate risk anymore; they are demanding it be embedded in the core portfolio reporting. SEI Investments Company, with its history of custom sustainable investing strategies spanning over 30 years, is well-positioned, but the pressure is still rising.

This client-driven demand translates directly into the need for granular, verifiable data on climate-related financial risks (CRFRs). For example, SEI Investments (Europe) Limited (SIEL) already publishes an annual Task Force on Climate-Related Financial Disclosures (TCFD) report to meet the requirements of the U.K.'s Financial Conduct Authority (FCA). This existing infrastructure helps them serve global clients, but US-based institutional investors are now pushing for the same level of transparency across all mandates.

The core challenge is translating a client's specific environmental values-whether it's divestment from fossil fuels or investment in green infrastructure-into a scalable, operational reporting feed. It's no longer enough to offer a single ESG fund; you need customized, flexible solutions.

Mandatory Task Force on Climate-Related Financial Disclosures (TCFD) or similar reporting looms for large asset managers.

While the SEC's final climate disclosure rules for US public companies remain in flux, the regulatory landscape is defintely hardening, especially at the state level. This is the new near-term compliance risk. For SEI, the most immediate and concrete mandate comes from California's new laws, which effectively act as a national standard for large companies doing business in the state.

Here's the quick math on why this matters for SEI Investments Company:

• California's Climate Corporate Data Accountability Act (SB 253) requires annual public disclosure of Scope 1, 2, and 3 greenhouse gas (GHG) emissions.
• The threshold for compliance is US-organized entities doing business in California with total annual revenues exceeding $1 billion.
• SEI Investments Company's trailing twelve months (TTM) revenue ending September 30, 2025, was approximately $2.25 billion.

Because of this revenue figure, SEI is required to report its Scope 1, 2, and 3 emissions for the fiscal year 2025 data, with the first disclosures due in 2026. This mandate forces the firm to formalize the collection and assurance of its entire value chain's emissions (Scope 3), a massive undertaking for a financial services company with approximately $1.6 trillion in assets under management, advised, or administered as of March 31, 2025.

SEI must demonstrate operational sustainability to maintain its competitive edge with ESG-focused investors.

Your firm's own footprint is a key diligence point for sophisticated ESG investors. If you're advising clients on climate risk, you must show you manage your own. SEI Investments Company's corporate sustainability reporting highlights that their operational GHG emissions are primarily linked to office and data center energy consumption.

While the firm has made investments in energy efficiency, such as upgrading the building management system (BMS) and HVAC equipment at its headquarters, the lack of a formal, public, science-based target is a competitive gap.

For the fiscal year 2025, SEI Investments Company reported total operational carbon emissions of approximately 3,090 kg CO2e, broken down as follows:

Emission Scope	2025 Operational Emissions (approx. kg CO2e)	Primary Source
Scope 1	0	Direct emissions (e.g., owned vehicles)
Scope 2	930	Purchased electricity/energy
Scope 3	2,160	Indirect emissions (e.g., business travel)
Total	3,090

What this estimate hides is the need for a formal commitment. The firm does not currently have documented reduction targets or commitments to frameworks like the Science Based Targets initiative (SBTi). This is a soft spot that competitors with formal net-zero commitments will exploit in client pitches.

Increased shareholder activism targeting climate-related governance and investment practices.

Shareholder activism in the environmental space is moving beyond oil and gas companies and directly into the boardrooms of asset managers. SEI Investments Company has proactively responded to this trend by joining the Climate Action 100+ initiative in 2021, an investor group representing over 545 investors and more than $52 trillion in assets.

This participation is a critical defensive measure, as it positions the firm as an active steward. Their investment stewardship program focuses on using their voice through engagement and proxy voting to influence the companies they invest in.

Key actions in 2024, which set the tone for 2025, demonstrate this:

• Engagement: Collaborating with third-party specialists like Sustainalytics to push companies, such as Vistra, to announce long-term net-zero carbon emissions goals by 2050.
• Proxy Voting: Voting For a climate change-related shareholder proposal at Boeing Co. in May 2024.

The risk here is not just a proposal passing, but the reputational damage from being perceived as a laggard. Your clients expect you to use your fiduciary power to manage systemic climate risk, and active stewardship is the clearest way to show you're doing it.