SEI Investments, SEIC, has grown its profits and dividends at a 10-18% pace over the past 10 years earning an 18-30% return on equity.
SEI Investment< SEIC, offers comprehensive software products and computer processing services for trusts and investment programs and administrative and distribution services to high net worth markets, mutual funds and other pooled funds.
SEI has grown its profits and dividends at a 10-18% pace over the past 10 years earning an 18-30% return on equity. The 2008/2009 turmoil in the securities markets caused SEIC earnings problems; however, the company has resumed its above average growth as a result of:
(1) rising assets under management,
(2) continuation of its aggressive stock buy back program,
(3) improving cost controls,
(4) new product offerings.
