Record Sales Events
Sales events for Q4 2024 totaled $38 million, with $28 million net recurring, marking the second consecutive quarter of significant growth in net sales events.
Earnings Per Share Growth
EPS for Q4 2024 was $1.19, representing a 31% increase from the prior year and a 27% growth for the full year versus 2023.
Broad-Based Revenue Growth
Every business unit realized revenue growth, operating profit growth, and margin growth relative to the fourth quarter of last year.
Significant Capital Return to Shareholders
SEI repurchased $259 million in stock during Q4, the highest in the company's history, and increased the dividend by 6.5%.
Strong Alternative Investment Product Demand
Continued strong demand for alternative investment products, particularly in the investment managers' business and intermediary businesses.
Enterprise Mindset Success
Shift to an enterprise-first mindset contributing to success, with notable wins like the partnership with Close Brothers.