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SEI Investments Company (NASDAQ: SEIC)

Dennis J. McGonigle

Chief Financial Officer

Raymond James & Associates

38th Annual Institutional Investors Conference

March 6, 2017

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1968 1980 1990 2000

SEI: a history of innovation and market expansion

Regions

Markets

Solutions

Innovations

Investment

Processing

Services

Investment

Management

Services SEI Wealth Services + + =

› Manager of Managers

› Fee-based advisor

Platform

› Back-office processing

› Globalization

› Invest idle cash

balances

› Asset allocation

› Goals-based investing

› OCIO & fiduciary management

› Total operations outsourcing

› SEI Wealth Platform SM

› Trust System

Investment

Operations

Services

Banks

2010

United States Canada EMEA, Asia UK

Investment Managers

Advisors

Institutional Investors

IWA’s

2017

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SEI business model

Organic Growth › Focus on emerging client needs

› Deliver enterprise platforms

› Selective acquisitions

Client Relationships › Forge strategic and intimate client relationships

› Be a thought-leader

› “Win-win” pricing models

Financial Strength

› Focus on sustainable growth in earnings-per-share

› Generate recurring revenue & predictable cash flows

› Maintain strong balance sheet

› Return capital: dividends and stock buy-backs

Innovation › Long-term focus

› Foster collaborative, innovative culture

› Fail fast and learn from mistakes

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SEI financial highlights

$207

$288 $319 $332 $334

2012 2013 2014 2015 2016

Net income attributable to SEI ($m)

$993 $1,126

$1,266 $1,334 $1,411

2012 2013 2014 2015 2016

Revenue ($m)

$257

$351 $375 $391

$425

2012 2013 2014 2015 2016

Net cash from operating activities ($m)

158 207

276 291 292

135 34

74 80 85

2012 2013 2014 2015 2016

Return of capital to shareowners ($m)

Stock purchases Dividends paid

293 241

350 371 377

SEIC appreciation

(approximate) as of February 16, 2017

1 year 35%

5 years 154%

10 years 59%

Since IPO 26,374%

(1981)

80 92 99 103 134

31 31 35 29 50

2012 2013 2014 2015 2016

Research and Development ($m)

Research and development expenditures

Capitalized software development costs

R & D as a percent of revenue

8.0% 8.2% 7.8% 7.7% 9.6%

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Additional information

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SEI

SEI is a leading global provider of asset

management, investment processing

and investment operations solutions.

We help professional wealth managers,

institutional investors, investment

management firms, and private investors

create and manage wealth – and enable their

long term success – by providing solutions

that are both innovative and comprehensive.

*As of December 31, 2016, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $751.1b in mutual

fund and pooled or separately managed assets, including $283.1b in assets under management and $468.0b in client assets under administration. Client and

employee statistics are as of December 31, 2016.

49 years as a leading innovator and

outsourcer in the wealth

management industry

$751b Assets under management or administration*

~3,200 Employees*

~8,600 Client relationships*

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SEI representative clients

Representative clients are selected by SEI to illustrate a sampling of SEI’s client base as of December 31, 2016, but may not necessarily endorse

all of the services provided by SEI. All trademarks or services are property of their respective owners.

Banks and

asset management

distributors

Investment

Advisors and

Broker/Dealers

Institutional

Investors

Investment

Managers

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SEI markets & businesses

Serving two related markets

Private

Banks

Through five business units

Investment

Advisors

Institutional

Investors

Investment

Managers

New

Businesses (ultra HNW)

Wealth Holders Wealth Services Providers

› Individuals

› Institutions › Distributors

› Manufacturers

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SEI wealth management enterprise platforms

Platforms

Wealth Management Business Process Outsourcing

› Individuals

› Institutions › Distributors

› Manufacturers

Investment

Management

Investment

Processing

Investment

Operations

Three Core Competencies

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Investment Managers

Institutional Investors

Advisors

Banks

SEI today: segments and target markets

› Global banks

› U.S. national and regional banks; large community banks

› Non-bank private wealth managers and asset management

distributors globally

› U.S. registered investment advisors

› Financial planners

› Broker/dealers

› Global and U.S. corporations and retirement plans (DB & DC)

› U.S. hospitals and healthcare organizations

› Foundations, endowments and not-for-profit organizations

› U.S. municipalities and public pension plans

› Global hedge fund and private equity managers

› Traditional money managers

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United States

› Bank/advisory investment

processing

› Institutional/HNW asset mgt.

› Investment manager

operations/fund processing

South

Africa Institutional

asset mgt.

East Asia Hong Kong

Institutional/HNW

asset mgt.

Canada Institutional/HNW

asset management

SEI today: global presence and services offered

Europe

United Kingdom

› Bank/advisory investment

processing

› Institutional/HNW asset

mgt.

Netherlands

Institutional asset mgt.

Major Operations Centers:

› Oaks, PA, United States

› London, United Kingdom

› Dublin, Ireland

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Segment Solutions/Platforms Investments

Private Banks

› SEI Wealth PlatformSM

› Asset management distribution

› Software-as-a-Service

› Operating scale

› Front-office

› Expanded distribution

Investment Advisors

› Turn-key asset management platform

(TAMP)

› Expanded distribution

› SEI Wealth PlatformSM expands

addressable markets: Flexible TAMP

Institutional Investors

› Outsourced Chief Investment Officer

(OCIO)

› New markets

› Defined Contribution

Investment Managers

› Total Operational Outsourcing platform

Ongoing enhancements to:

› serve larger clients

› expand addressable markets

Investments in

New Businesses

› Ultra-high-net-worth market

› Goal Investor®

› Blockchain

SEI today: differentiated solutions – current investments

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SEI competitive advantages

Market Leadership › SEI recognized as an industry leader and innovator

› Large and diverse client base

› Facilitates new business and cross-sale success

Complete Strategies

› Strategies well-developed and coordinated

› Current economic climate reinforces value propositions

› Continuous research & development

Differentiated Solutions › Create new categories of solutions

› Solve large business issues in support of clients’ objectives

› Integrate advice, investments, technology & operations

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SEI platform overviews

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Private Banks solution

SEI Wealth Platform SM

INFRASTRUCTURE

SERVICES

Business continuity, hosting,

information security, release

management, production

services, system administration

Infrastructure Services Business continuity, hosting,

information security, release

management, production

services, system administration

Business

Management Services MI reporting, SLA/KPI tracking,

audit reporting, data integration,

document management,

professional services

Investment Processing Services Asset services, cash management,

corporate actions, custody, reconcilement,

settlement, fee & tax processing

End Client

› 360º view of relationships

› Prospect management

› Dashboard & reporting

› Portfolio planning & proposals

› Alerts & monitoring

› Tasks & activities

Wealth Advisory › Portfolio structure

› Manager research and selection

› Dynamic asset management

Wealth Administration › Multi-level risk analysis & reporting

› Consolidated portfolio analysis & reporting

› Stress testing

Asset Management › End-client website

› End-client statements

› Tax reporting

› Confirms/advices

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Traditional

turn-key asset

management platform

Open Custody

Platform

Do-It-Yourself

Flexible

turn-key asset

management platform

SEI Wealth Platform

Investment Advisors solution

Flexible turnkey asset management platform

Sources: Matt McGinness, Best Practice Research; Dennis Gallant, GDC Research. As of September 2015.

Market – Firm Size $5m - $250m $251m - $3b DIY $3b+ Total

Firms 11,526 2,043 205 13,774

Advisors 85,680 14,518 3,267 103,465

Assets $1.13T $1.48T $1.50T $4.11T

› Full custody platform with

middle office

› Single system architecture

› Limited front/middle office

technologies

› SEI investment program

› Full custody platform with

middle office

› Single system architecture

with extendable integration

› Integrated front/middle office

technologies with workflow

› Full range of investment

products and securities

Solution

category

Capabilities › Full custody platform

› Advisor purchased

component technology

› Front/middle office

supermarket technologies

without workflow

› Investment supermarket

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Institutional Investors solution

Outsourced Chief Investment Officer (OCIO)

Strategic Advice › Goal setting & monitoring

› Asset / liability study

› Investment policy formulation

Goals-based Reporting › Reconciliation of funded status

› Pension surplus decomposition

› Attribution of interest rate changes

Active Liability Driven Investing (LDI) › Active management relative to liabilities

› Glidepath optimization

› - Capital market point of view

Investment Management › Portfolio structure

› Manager research & selection

› Dynamic asset management

Risk Management & Monitoring › Multi-level risk analysis & reporting

› Consolidated portfolio analysis & reporting

› Stress testing

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Investment Managers solution

Total Operational Outsourcing Platform

Fund operations

Distribution services

Regulatory and

Compliance

Investment operations

Risk Management

Dashboards - Manager

- Investor

Best-of-breed

Technology

Engines

Flexible, integrated

handling of:

› Fund Administration

› Fund Accounting

› Investment Operations /

Middle Office

› Information Management

› Workflow/Process

Management

› Risk Management

Analytics

› Regulatory and

Compliance

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Forward Looking Statements

This presentation may include "forward-looking statements," and discussions about

future operations, strategies and financial results. Future revenues and income

could differ from expected results. We have no obligation to publicly update or

correct any statements herein as a result of future developments. You should refer

to our periodic SEC filings for a description of various risks and uncertainties that

could affect our future financial results.

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Thank you