SEI Investments Company's (SEIC) CEO Al West On Q1 2022 Results - Earnings Call Transcript

Apr. 20, 2022 8:21 PM ETSEI Investments Company (SEIC)
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SEI Investments Company (NASDAQ:SEIC) Q1 2022 Earnings Conference Call April 20, 2022 4:30 PM ET

Company Participants

Al West - Chairman and Chief Executive Officer

Ryan Hicke - Executive Vice President

Dennis McGonigle - Chief Financial Officer

Al Chiaradonna – Senior Vice President, SEI Wealth Platform

Phil McCabe - Head of Investment Manager Services

Wayne Withrow - Executive Vice President, Independent Advisor Solutions

Paul Klauder - Executive Vice President, Head of the Institutional Group

Conference Call Participants

Ryan Bailey - Goldman Sachs

Owen Lau - Oppenheimer

Ryan Kenny - Morgan Stanley

Robert Lee - KBW

Michael Young - Truist Securities

Chris Donat - Piper Sandler

Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.

Operator

00:04 Ladies and gentlemen thank you for standing by and welcome to the SEI First Quarter 2022 Earnings Call. At this time, all lines are in a listen-only mode. Later, we will have a question-and-answer session. [Operator Instructions] As a reminder, today’s conference is being recorded.

00:29 I’d now like to turn the conference over to Chairman and CEO, Al West. Please go ahead.

Al West

00:35 Welcome, everyone. On our call today, we have Al Chiaradonna, Phil McCabe, Wayne Withrow, Paul Klauder, Kathy Heilig, our Controller; and Dennis McGonigle, our CFO. Also joining us is Ryan Hicke, who I will be transitioning to the role of CEO on June 1.

00:59 Now today, I’ll start by recapping first quarter 2022. I’ll then turn it over to Dennis and our LSV and the investment and new business segment. And after that each business segment leader will comment on the

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