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Revenues from Contracts with Customers
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenues from Contracts with Customers Revenues from Contracts with Customers
The Company’s principal sources of revenues are: (1) asset management, administration and distribution fees primarily earned based upon a contractual percentage of net assets under management or administration; and (2) information processing and software servicing fees that are either recurring and primarily earned based upon the number of trust accounts being serviced or a percentage of the market value of the clients' assets processed on the Company's platforms, or non-recurring and based upon project-oriented contractual agreements related to client implementations.
Disaggregation of Revenue
The following tables provide additional information pertaining to the Company's revenues disaggregated by major product line and primary geographic market based on the location of the use of the products or services for each of the business segments for the three months ended March 31, 2025 and 2024:
Investment
Managers
Private
Banks
Investment
Advisors		Institutional
Investors		Investments
In New
Businesses		Total
Major Product Lines:For the Three Months Ended March 31, 2025
Investment management fees from pooled investment products$109 $30,743 $55,104 $11,576 $403 $97,935 
Investment management fees from investment management agreements— 1,058 52,077 52,237 4,784 110,156 
Investment operations fees180,357 622 20,837 11 1,133 202,960 
Investment processing fees - PaaS1,287 75,856 1,364 623 9 79,139 
Investment processing fees - SaaS— 21,815 1,382 1,836 5,824 30,857 
Professional services fees1,709 6,914 — — 985 9,608 
Account fees and other8,586 706 5,812 2,223 3,362 20,689 
Total revenues$192,048 $137,714 $136,576 $68,506 $16,500 $551,344 
Primary Geographic Markets:
United States$170,036 $93,131 $136,576 $57,009 $15,930 $472,682 
United Kingdom— 29,767 — 7,999 570 38,336 
Canada— 9,983 — 1,415 — 11,398 
Ireland14,059 4,833 — 2,083 — 20,975 
Luxembourg7,953 — — — — 7,953 
Total revenues$192,048 $137,714 $136,576 $68,506 $16,500 $551,344 
Investment
Managers		Private
Banks		Investment
Advisors		Institutional
Investors		Investments
In New
Businesses		Total
Major Product Lines:For the Three Months Ended March 31, 2024
Investment management fees from pooled investment products$84 $32,399 $58,597 $12,074 $356 $103,510 
Investment management fees from investment management agreements— 931 48,161 54,209 4,308 107,609 
Investment operations fees164,189 539 9,644 — 1,478 175,850 
Investment processing fees - PaaS1,258 67,846 1,281 423 10 70,818 
Investment processing fees - SaaS19 23,459 — 2,088 5,097 30,663 
Professional services fees1,017 4,115 — — 583 5,715 
Account fees and other6,086 848 5,035 2,984 2,461 17,414 
Total revenues$172,653 $130,137 $122,718 $71,778 $14,293 $511,579 
Primary Geographic Markets:
United States$155,959 $85,775 $122,718 $59,376 $14,293 $438,121 
United Kingdom— 29,848 — 9,218 — 39,066 
Canada— 9,799 — 1,471 — 11,270 
Ireland9,906 4,715 — 1,713 — 16,334 
Luxembourg6,788 — — — — 6,788 
Total revenues$172,653 $130,137 $122,718 $71,778 $14,293 $511,579 
Investment management fees from pooled investment products - Revenues associated with clients' assets invested in Company-sponsored pooled investment products. Contractual fees are stated as a percentage of the market value of assets under management and collected on a monthly basis. Revenues are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.
Investment management fees from investment management agreements - Revenues based on assets of clients of the Institutional Investors segment primarily invested in Company-sponsored products. Each client is charged an investment management fee that is stated as a percentage of the market value of all assets under management. The client is billed directly on a quarterly basis. Revenues are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.
Revenues associated with the separately managed account program offered through registered investment advisors located throughout the United States. The contractual fee is stated as a percentage of the market value of all assets invested in the separately managed account and collected on a quarterly basis. Revenues are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.
Investment operations fees - Revenues earned from accounting and administrative services, distribution support services and regulatory and compliance services to investment management firms and family offices. The Company contracts directly with the investment management firm or family office. The contractual fees are stated as a percentage of net assets under administration and billed when asset valuations are finalized. Also includes income from client cash balances held in the FDIC-insured accounts through the SEI Integrated Cash program. Revenues are recognized in Asset management, administration and distribution fees on the accompanying Consolidated Statements of Operations.
Investment processing fees - Platform as a Service - Revenues associated with clients that outsource their entire investment operation and back-office processing functions. Through the use of the Company's proprietary platforms, the Company assumes all back-office investment processing services including investment processing, custody and safekeeping of assets, income collections, securities settlement and other related trust activities. The contractual fee is based on a monthly fee plus additional fees determined on a per-account or per-transaction basis. Contractual fees can also be stated as a percentage of the value of assets processed on the Company's platforms each month as long as the fee is in excess of a monthly contractual minimum. The client is billed directly on a monthly basis. Revenues are recognized in Information processing and software servicing fees on the accompanying Consolidated Statements of Operations.
Revenues associated with clients of the mutual fund trading solution are fees recognized for shareholder services and related services through the use of the Company's proprietary platform or through third-party vendor agreements. Contractual fees are stated as a percentage of the value of total assets or positions processed on the Company's platform or subject to third-party vendor agreements each month. Fees are billed and collected on a monthly and quarterly basis. These revenues were previously classified under Account fees and other in 2023 and have been reclassified to conform to the current year presentation.
Investment processing fees - Software as a Service - Revenues associated with clients of the Private Banks segment for application software services. Clients retain responsibility for all investment operations, client administration and other back-office trust operations. The contractual fee is based on a monthly fee plus additional fees determined on a per-account or per-transaction basis. The client is billed directly on a monthly basis.
Revenues associated with clients of the Investments in New Businesses segment processed on the Archway PlatformSM are fees for hosted technology services to family offices and financial institutions. The Archway Platform is an integrated technology platform used for investment, operations, accounting and client reporting by these institutions. The contractual fee is based on a monthly subscription fee to access the Archway Platform along with additional fees on a per transaction basis.
Revenues associated with clients of the Institutional Investors segment processed on the SEI NovusSM portfolio intelligence tool are fees for data management, performance measurement, reporting, and risk analytics. The contractual fee is based on a fixed fee to access SEI Novus and includes fees for integration of historical fund data and custom reporting.
All revenues from investment processing fees are recognized in Information processing and software servicing fees on the accompanying Consolidated Statements of Operations.
Professional services fees - Revenues associated with the business services migration for investment processing clients of the Private Banks segment and investment operations clients of the Investment Managers segment. In addition, Professional services include other services such as business transformation consulting. Typically fees are stated as a contractual fixed fee. The client is billed directly and fees are collected according to the terms of the agreement.
Account fees and other - Revenues associated with custody account servicing, account terminations, reimbursements received for out-of-pocket expenses, and other fees for the provision of ancillary services.