SEI is aggressively expanding into renewable energy, particularly in grid modernization and battery storage.
SEIC rolls out SEI Strategies in partnership with Capital Group to boost tax solutions for investors through model portfolios.
SEIC agrees to divest its Family Office Service business for $120 million to Acquiline, aiming to reallocate capital to higher growth opportunities regions.
SEIC remains well-positioned for growth given robust AUM, superior technology, and buyouts. Yet, higher costs and huge exposure to fee-based revenues are woes.
Solaris Energy Infrastructure, Inc. (NYSE:SEI ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Yvonne Fletcher - Senior Vice President of Finance and Investor Relations William Zartler - Founder, Chairman, & CEO Kyle Ramachandran - President & Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Derek Podhaizer - Piper Sandler Derrick Whitfield - Texas Capital Jeff LeBlanc - Tudor, Pickering, Holt & Co. Thomas Meric - Janney Montgomery Scott Sean Mitchell - Daniel Energy Partners David Smith - Pickering Energy Partners Donald Crist - Johnson Rice Operator Good day, and welcome to the Solaris Energy Infrastructure Fourth Quarter and Full Year 2024 Earnings Teleconference and Webcast. All participants will be in listen-only mode.
SEIC's fourth-quarter results lag estimates due to higher expenses. Yet, an increase in revenues and AUM is a positive.
Solaris Energy Infrastructure, Inc. (SEI) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
SEIC launches depository services in Luxembourg to offer fund managers a simplified operational structure amid rising demand for private-market investments.
One of the key factors driving SEI's remarkable performance is its expansion into the Power Solutions segment.
SEIC hikes its semi-annual cash dividend to 49 cents. Given the strong liquidity position, the payout seems sustainable.
SEIC's acquisition of LifeYield will enable the former to provide automated, real-time UMH capabilities cost-effectively in a fully bundled overlay solution.
SEI Investments, Invesco and Artisan Partners Asset Management have been highlighted in this Industry Outlook article.