SEI Investments Company · NASDAQ:SEIC
SEI Investments — Investor Presentation (February 2006)
15 slides from SEI Investments's investor presentation, Feb 1, 2006
Slide 1: Investor Presentation
Investor Presentation February 1, 2006 As of December 31, 2005 Financial results for 2005 are unaudited. This presentation may include "forward-looking statements," and discussions about future operations, strategies, and financial results. Future revenues and income could differ from expected resul
Slide 2: SEI
SEI 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, 2005 SEI administers $312.1 billion in mutual fu
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 SEI Investor Presentation 3
Slide 4: A Record of Growth
SEI: A Record of Growth Revenue and Net Income (after taxes, 1995 – 2005, in $m, as reported) Revenue Profits $800 $773 $200 $692 $700 $658 $636 $188 $175 $599 $630 $169 $600 $150 $141 $143 $500 $456 $125 $125 $366 $400 $100 $99 $293 $300 $248 $75 $226 $67 Revenue $200 $50 After Tax $43 Profits $100
Slide 5: 2005 Results
SEI: 2005 Results (for the 12 months ending December 31, 2005) Pct Change 2005 vs. 2004 Consolidated Overview (in $m, except EPS) Revenue $773 12% Net Income before taxes 295 11% Net Income 188 11% Diluted earnings per share $1.83 14% Asset Balances (in $b)* Assets under Management $149 24
Slide 6: Solutions
SEI: Solutions Investment Processing Investment Applications Services (ASP) Processing Business Services (BSP) Mutual and Pooled Fund Accounting Separately Managed Account Support ‘Manager of Managers’ Asset Asset Management Programs for: Management Individuals Corporate Retirement Plans F
Slide 7: 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 36% 27% 11% 11% 14% 2005 Revenues SEI Investor Presentation 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 SEI Investor Presentation 8
Slide 9: A History of Innovation
SEI: A History of Innovation Technology + Investments = Integrated Solutions 2000’s Wealth platform 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
Slide 10: Private Banking and Trust Solutions and Growth Drivers
SEI: Private Banking and Trust Solutions Investment Processing – ASP model – BSP model Growth Drivers Demand for outsourcing solutions Market leadership; major competitor exiting market Bank M & A activity New solutions SEI Investor Presentation 10
Slide 11: Investment Advisors Solutions and Growth Drivers
SEI: Investment Advisors Solutions For affluent 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 Investors seeking independent wealth advice Advisors seek com
Slide 12: Enterprises Solutions and Growth Drivers
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 solu
Slide 13: Money Managers Solutions and Growth Drivers
SEI: Money Managers Solutions Mutual fund and pooled fund outsourcing Alternative investment outsourcing Separately managed account outsourcing Growth Drivers Demand for comprehensive outsourcing solutions Growth of separately managed account programs SEI Investor Presentation 13
Slide 14: Investments in New Businesses
SEI: Investments in New Businesses Strategy Focus on market segments in select regions Evolve U.S. strategies to global markets Focus Investment Advisors: UK and Canada (Wealth Network) European Private Banks (Investment Processing Outsourcing) SEI Investor Presentation 14
Slide 15: Summary
SEI: Summary Large and growing markets Compelling solutions Leveraged operating model History of growth and innovation Financially strong Strategies well-developed & coordinated New solutions seeing market acceptance SEI Investor Presentation 15
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