SEI Investments Files 8-K on Regulation FD and Exhibits
Ticker: SEIC · Form: 8-K · Filed: Feb 21, 2024 · CIK: 350894
Sentiment: neutral
Topics: regulation-fd, financial-disclosure, corporate-filing
TL;DR
**SEI Investments just dropped an 8-K, likely for a routine disclosure or to include new financial documents.**
AI Summary
SEI Investments Company filed an 8-K on February 21, 2024, under Regulation FD Disclosure and Financial Statements and Exhibits. The filing indicates a current report pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934, with the earliest event reported also on February 21, 2024. The company, incorporated in Pennsylvania with IRS Employer Identification No. 23-1707341, is headquartered at 1 Freedom Valley Drive, Oaks, Pennsylvania 19456.
Why It Matters
This filing ensures transparency by disclosing information that may be material to investors, preventing selective disclosure and providing access to financial statements and exhibits.
Risk Assessment
Risk Level: low — This 8-K is a standard disclosure filing and does not indicate any immediate financial or operational risks.
Key Players & Entities
- SEI INVESTMENTS COMPANY (company) — registrant
- Pennsylvania (company) — state of incorporation
- 23-1707341 (dollar_amount) — I.R.S. Employer Identification No.
- February 21, 2024 (date) — date of report and earliest event reported
- 1 Freedom Valley Drive, Oaks, Pennsylvania 19456 (company) — principal executive offices address
FAQ
What is the purpose of this 8-K filing by SEI Investments Company?
The 8-K filing by SEI Investments Company is a current report pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934, specifically under Regulation FD Disclosure and Financial Statements and Exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 21, 2024.
Where is SEI Investments Company's principal executive office located?
SEI Investments Company's principal executive office is located at 1 Freedom Valley Drive, Oaks, Pennsylvania 19456.
What is the state of incorporation for SEI Investments Company?
SEI Investments Company is incorporated in Pennsylvania.
What is the Commission File Number for SEI Investments Company?
The Commission File Number for SEI Investments Company is 0-10200.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-21 09:20:18
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share SEIC The NASDAQ Stock Market
- $10.0 million — y") announced a strategic investment of $10.0 million in TIFIN, a leading innovation platform
Filing Documents
- seic-20240221.htm (8-K) — 27KB
- nbvtifinrls22124_final.htm (EX-99.1) — 7KB
- nbvtifinrls22124_final001.jpg (GRAPHIC) — 195KB
- nbvtifinrls22124_final002.jpg (GRAPHIC) — 255KB
- seic-20240221_g1.jpg (GRAPHIC) — 25KB
- 0000350894-24-000026.txt ( ) — 839KB
- seic-20240221.xsd (EX-101.SCH) — 2KB
- seic-20240221_lab.xml (EX-101.LAB) — 24KB
- seic-20240221_pre.xml (EX-101.PRE) — 12KB
- seic-20240221_htm.xml (XML) — 3KB
01. Regulation FD Information
Item 7.01. Regulation FD Information. On Wednesday, February 21, 2024, SEI Investments Company (the "Company") announced a strategic investment of $10.0 million in TIFIN, a leading innovation platform accelerating the adoption of artificial intelligence (AI) in wealth management. The acquisition is not a significant acquisition of assets or otherwise material to the operations or financial results of the Company. A copy of the press release is furnished as Exhibit 99.1 and incorporated into this Item 7.01 by reference. As provided in General Instruction B.2 to Form 8-K, the information furnished pursuant to Item 7.01 and Exhibit 99.1 hereof shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing. This Current Report on Form 8-K may contain forward looking statements within the meaning or the rules and regulations of the Securities and Exchange Commission. In some cases you can identify forward-looking statements by terminology such as may'', will'', expect'', believe'' and continue'' or appear.'' You should not place undue reliance on our forward-looking statements as they are based on the current beliefs and expectations of our management and subject to significant risks and uncertainties many of which are beyond our control or are subject to change. Although we believe the assumptions upon which we base our forward-looking statements are reasonable, they could be inaccurate. Some of the risks and important factors that could cause actual results to differ from those described in our forward-looking statements can be found in the "Risk Factors" sections of our Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press Release of SEI Investments Company 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SEI INVESTMENTS COMPANY Date: February 21, 2024 By: /s/ Dennis J. McGonigle Dennis J. McGonigle Chief Financial Officer