SEI Investments Company · NASDAQ:SEIC
SEI Investments — FY2004 Earnings Presentation
16 slides from SEI Investments's earnings presentation, Feb 3, 2005
Slide 1: Investor Presentation, February 3, 2005
February 3, 2005 As of December 31, 2004 Financial results for 2004 are unaudited. This presentation may include “forward looking statements” and discussions about future operations, strategies and financial results. Forward-looking statements are based upon estimates and assumptions that involve ri
Slide 2: SEI Investments
SEI INVESTMENTS SEI is a leading global provider of outsourced investment business solutions. Since 1968, our innovative solutions have helped businesses: financial institutions, corporations, and financial advisors - create and manage wealth. As of December 31, 2004, SEI administers $288 billion in
Slide 3: Our Business
SEI Our Business Investment processing Investment management outsourcing solutions for outsourcing solutions for financial services firms institutional investors Integrated investment management and investment processing solutions for financial intermediaries INVESTOR PRESENTATION February 3, 2005 3
Slide 4: SEI: A Record of Growth
SEI: A Record of Growth Revenue and Net Income (1994 – 2004, in $m, as reported) $800 $200 $692 $700 $630 $636 $175 $658 $599 $169 $600 $150 $141 $143 $500 $456 $125 $125 $400 $366 $100 $99 $293 $300 $248 $75 $226 $205 $67 Revenue $200 $50 After Tax $43 Profits $100 $25 $21 $23 $27 $18 $0 $0 94 95 9
Slide 5: 2004 Results
SEI 2004 Results (for the 12 months ending December 31, 2004, unaudited) Pct Change 2004 vs. 2003 Consolidated Overview (in $m, except EPS) ? Revenue $692 9% ? Net Income before taxes 265 18% ? Net Income 169 18% ? Diluted earnings per share $1.60 21% Asset Balances (in $b)* ? Assets under Managemen
Slide 6: SEI Solutions
SEI Solutions Investment Processing Investment ? Applications Services (ASP) Processing ? Business Services (BSP) Mutual and Pooled Fund Accounting Separately Managed Account Support ‘Manager of Manager’ Asset Asset Management Programs for: Management ? Individuals ? Corporate Retirement Plans ? Fou
Slide 7: SEI Markets and Solutions
SEI Markets and Solutions Private Investment Enterprises Money New Banking Advisors Managers Businesses & Trust Advice Asset Management Administration Investment Processing Percent of 42% 26% 10% 11% 11% 2004 Revenues INVESTOR PRESENTATION February 3, 2005 7
Slide 8: Fundamental Operating Strengths
SEI Fundamental Operating Strengths Long-term client relationships Recurring revenue and operating cash flow Business leverage and economies of scale Stock repurchases Innovation INVESTOR PRESENTATION February 3, 2005 8
Slide 9: A History of Innovation
SEI A History of Innovation Technology + Investments = Integrated Solutions Solutions 2000’s ? STP ? Global expansion 1990’s ? Trust operations outsourcing ? Asset management 1980’s ? Total business solutions for ? IBM trust system Advisors & Enterprises 1970’s ? Liquidity funds ? Trust system ? Mut
Slide 10: Private Banking and Trust
SEI Private Banking and Trust Solutions ? Investment Processing ? Fund Administration ? Asset Management Growth Drivers ? Demand for outsourcing solutions ? Market leadership; major competitor exiting market ? Bank M & A activity ? New solutions INVESTOR PRESENTATION February 3, 2005 10
Slide 11: Investment Advisors
SEI Investment Advisors Solutions ? Financial wellness platform for investors and advisors ?For high net-worth investor: complete life-based wealth advice and solutions for baby boomers ?For advisor: complete business platform for life-based advisory business Growth Drivers ? Market leadership ? Inv
Slide 12: Enterprises
SEI Enterprises Solutions ? Asset management programs ? Single source accountability for all plan design, funding, investment and administration needs ? Manager of Managers; not a traditional money manager or consultant Growth Drivers ? Underfunded pension plans ? Retirement plan sponsors seek solut
Slide 13: Money Managers
SEI Money Managers Solutions ? Mutual fund and pooled fund outsourcing ? Separately managed account outsourcing Growth Drivers ? Growth of alternative investments ? Growth of separately managed account programs ? Demand for outsourcing solutions INVESTOR PRESENTATION February 3, 2005 13
Slide 14: Investments in New Businesses (Global)
SEI Investments in New Businesses (Global) Strategy ? Focus on market segments in select regions ? Evolve U.S. strategies to global markets Focus ? Enterprises: UK, Canada, South Africa (Retirement Plans) ? Investment Advisors: UK and Canada (Wealth Management) ? European Private Banks (Investment P
Slide 15: SEI: Summary
SEI: Summary ? Large and growing markets ? Compelling solutions ? Leveraged operating model ? History of growth and innovation ? Well positioned for emerging industry trends INVESTOR PRESENTATION February 3, 2005 15
Slide 16: INVESTOR PRESENTATION February 3, 2005
INVESTOR PRESENTATION February 3, 2005 16
SEI Investments Company — FY2004 Earnings Presentation on 6ix