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SEI Investments CEO Discusses Q3 2011 Results - Earnings Call Transcript

SEI Investments Company (SEIC)

Q3 2011 Earnings Call

October 19, 2011 2:00 pm ET

Executives

Alfred P. West, Jr. – Chairman and Chief Executive Officer

Joseph P. Ujobai – Executive Vice President, Private Banks

Wayne M. Withrow – Executive Vice President, SEI Advisor Network

Edward D. Loughlin – Executive Vice President, Institutional Group

Stephen G. Meyer – Executive Vice President, Head of Investment Manager Services

Dennis J. McGonigle – Chief Financial Officer

Kathy C. Heilig – Chief Accounting Officer and Controller

Analysts

Glenn Greene – Oppenheimer & Co.

Jeffrey Hopson – Stifel Nicolaus & Company, Inc.

Christopher R. Donat – Sandler O'Neill

Robert Lee – Keefe, Bruyette & Woods, Inc.

Thomas C. McCrohan – Janney Montgomery Scott LLC

Presentation

Operator

Ladies and gentlemen, thank you for standing by and welcome to the SEI Third Quarter 2011 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct question-and-answer session and instructions will be given at that time. (Operator Instructions) As a reminder, this conference call is being recorded today Wednesday, October 19, 2011.

I would now like to turn the conference over to Mr. Al West, Chairman and CEO. Please go ahead sir.

Alfred P. West, Jr.

Thank you and welcome everybody. All of our segment leaders are on the call as well as Dennis McGonigle, SEI’s CFO and Kathy Heilig, SEI’s Controller.

Now I’m going to start by recapping third quarter 2011. I’ll then turn it over to each one of the business segment leaders to comment on the results of their segments, and Dennis will then cover couple of items including LSV. And finally Kathy Heilig will provide you with some important companywide statistics. Now as usual, we will field questions at the end of this report. So let me start with the third quarter of 2011.

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