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Pay vs Performance Disclosure - USD ($)
 5 Months Ended 12 Months Ended 31 Months Ended
May 31, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2024
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table  
Summary Compensation
Table Total
Compensation Actually
Paid
Value of Initial Fixed $100 Investment Based
On:
Year
PEO 1
Ryan P.
Hicke
($) (1)
PEO 2
Alfred P.
West, Jr.
($) (2)
PEO 1
Ryan P.
Hicke
($) (3)
PEO 2
Alfred P.
West, Jr.
($) (4)
Average
Summary
Compensation
Table Total for
non-PEO NEOs
($) (5)
Average
Compensation
Actually Paid
to non-PEO
NEOs
($) (6)
SEI TSR
($) (7)
Industry
Index
TSR
($) (8)
Net Income
($000s) (9)
Adjusted
Pre-Tax
Earnings
Per Share
($) (10)
2024
8,766,030
N/A
13,322,190
N/A
3,894,017
4,668,599
134.70
247.25
581,191
5.98
2023
5,934,430
N/A
6,142,130
N/A
3,050,860
3,080,441
102.46
181.96
462,258
4.61
2022
6,402,465
2,469,653
6,224,840
2,377,978
3,494,008
3,332,318
92.66
129.82
475,467
4.48
2021
N/A
2,367,239
N/A
2,475,614
1,991,178
2,162,026
95.47
180.24
546,593
5.12
2020
N/A
2,933,734
N/A
2,552,384
2,823,425
2,899,647
88.89
125.65
447,286
3.99
          
Company Selected Measure Name   Adjusted Pre-Tax Earnings Per Share          
Named Executive Officers, Footnote   Reflects compensation amount reported in the Summary Compensation Table (“SCT”) in 2022 for Ryan P. Hicke, who was
appointed Chief Executive Officer (and thus became our PEO) effective June 1, 2022.
Reflects compensation amounts reported in the SCT in 2022 for Alfred P. West, Jr., who served as our Chief Executive
Officer (and thus as our PEO) during 2020, 2021 and for the period January 1, 2022, through May 31, 2022.
The following non-PEO named executive officers are included in the average figures shown:
2020: Dennis J. McGonigle, Stephen G. Meyer, Ryan P. Hicke, Michael N. Peterson
2021: Dennis J. McGonigle, Wayne M. Withrow, Ryan P. Hicke, Philip N. McCabe
2022: Dennis J. McGonigle, Wayne M. Withrow, Kevin P. Barr, Philip N. McCabe
2023: Alfred P. West, Jr., Dennis J. McGonigle, Wayne M. Withrow, Philip N. McCabe
2024: Sean J. Denham, Michael F. Lane, Michael N. Peterson, Philip N. McCabe, Dennis J. McGonigle
          
Peer Group Issuers, Footnote   For the relevant fiscal year, represents the cumulative total shareholder return (“TSR”) of the Company for the
measurement periods ending on December 31 of each of 2024, 2023, 2022, 2021 and 2020, respectively.
For the relevant fiscal year, represents the cumulative TSR of an Industry Index, a blend of indices including 79% NASDAQ
US Asset Managers and Custodians and 21% NASDAQ US Software for the measurement period ended on December 31, 2024
and 2023 and 76% NASDAQ US Asset Managers and Custodians and 24% NASDAQ US Software for the measurement periods
ended on December 31 of each of 2022, 2021, and 2020, respectively.
          
Adjustment To PEO Compensation, Footnote   Compensation Actually Paid (“CAP”) for Mr. Hicke in 2024, 2023 and 2022 reflects the respective amount set forth in
column (1) of this table, adjusted as set forth in the table below, as determined in accordance with SEC rules. RSUs are
paid in Company shares once the underlying award vests, and are incorporated as applicable in the table below. The
dollar amount reflected in column (1) of this table does not reflect the actual amount of compensation earned by or paid
to Mr. Hicke during the applicable year.
CAP for Mr. West in each of 2022, 2021 and 2020 reflects the respective amounts set forth in column (2) of this table,
adjusted as set forth in the table below, as determined in accordance with SEC rules. RSUs are paid in Company shares
once the underlying award vests, and are incorporated as applicable in the table below. The dollar amounts reflected in
column (2) of this table do not reflect the actual amount of compensation earned by or paid to Mr. West during the
applicable year.
Year
2020
2021
2022
2022
2023
2024
PEO
Alfred P.
West, Jr.
Alfred P.
West, Jr.
Alfred P.
West, Jr.
Ryan P.
Hicke
Ryan P.
Hicke
Ryan P.
Hicke
SCT Total Compensation ($)
2,933,734
2,367,239
2,469,653
6,402,465
5,934,430
8,766,030
Less: Stock and Option Award Values
Reported in SCT for the Covered Year
($)
(1,014,000)
(373,625)
(694,825)
(4,106,600)
(3,416,000)
(5,697,000)
Plus: Fair Value for Stock and Option
Awards Granted in the Covered Year
($)
988,875
383,000
628,450
3,941,000
3,544,500
5,300,500
Change in Fair Value of Outstanding
Unvested Stock and Option Awards
from Prior Years ($)
(356,225)
49,500
50,075
63,350
95,800
4,395,010
Change in Fair Value of Stock and
Option Awards from Prior Years that
Vested in the Covered Year ($)
—
49,500
(75,375)
(75,375)
(16,600)
557,650
Compensation Actually Paid ($)
2,552,384
2,475,614
2,377,978
6,224,840
6,142,130
13,322,190
Equity Valuations: Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of
date of grant. Adjustments have been made using stock option fair values as of each measurement date using the stock
price as of the measurement date and updated assumptions (i.e., term, volatility, dividend yield, risk free rates) as of the
measurement date. RSU grant date fair values are calculated using the stock price as of date of grant.
          
Non-PEO NEO Average Total Compensation Amount   $ 3,894,017 $ 3,050,860 $ 3,494,008 $ 1,991,178 $ 2,823,425  
Non-PEO NEO Average Compensation Actually Paid Amount   $ 4,668,599 3,080,441 3,332,318 2,162,026 2,899,647  
Adjustment to Non-PEO NEO Compensation Footnote   Average CAP for our non-PEO named executive officers in each of 2024, 2023, 2022, 2021 and 2020 reflects the respective
amount set forth in column (5) of this table, adjusted as set forth in the table below, as determined in accordance with
SEC rules. RSUs are paid in company shares once the underlying award vests, and are incorporated as applicable in the
table below. The dollar amounts reflected in column (5) of this table do not reflect the actual amounts of compensation
earned by or paid to our non-PEO named executive officers during the applicable years.
Year
2020
Average
2021
Average
2022
Average
2023
Average
2024
Average
Non-PEO NEOs
See column (5)
note
See column (5)
note
See column (5)
note
See column (5)
note
See column (5)
note
SCT Total Compensation ($)
2,823,425
1,991,178
3,494,008
3,050,860
3,894,017
Less: Stock and Option Award Values Reported in SCT
for the Covered Year ($)
(1,280,438)
(429,669)
(1,893,842)
(637,000)
(3,016,985)
Plus: Fair Value for Stock and Option Awards Granted
in the Covered Year ($)
1,994,694
440,450
1,754,833
663,700
2,451,802
Change in Fair Value of Outstanding Unvested Stock
and Option Awards from Prior Years ($)
(638,034)
176,488
52,694
(11,369)
672,205
Change in Fair Value of Stock and Option Awards from
Prior Years that Vested in the Covered Year ($)
—
(16,421)
(75,375)
14,250
667,560
Compensation Actually Paid ($)
2,899,647
2,162,026
3,332,318
3,080,441
4,668,599
Equity Valuations: Stock option grant date fair values are calculated based on the Black-Scholes option pricing model as of
the date of grant. Adjustments have been made using stock option fair values as of each measurement date using the
stock price as of the measurement date and updated assumptions (i.e., term, volatility, dividend yield, risk free rates) as
of the measurement date. RSU grant date fair values are calculated using the stock price as of date of grant.
          
Compensation Actually Paid vs. Total Shareholder Return   The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the
average of Compensation Actually Paid to our Non-PEO NEOs, the Company’s cumulative TSR, and the
Industry Index cumulative TSR over the five most recently completed fiscal years. TSR values for the
Company and Industry Index assume $100 invested on December 31, 2019 through the last business day of
the listed year.
6089
          
Compensation Actually Paid vs. Net Income   The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the
average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the five most
recently completed fiscal years.
6421
          
Compensation Actually Paid vs. Company Selected Measure   The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the
average of Compensation Actually Paid to our Non-PEO NEOs, and our Adjusted Pre-Tax EPS during the five
most recently completed fiscal years.
6797
When calculating our 2024 Adjusted Pre-Tax Earnings Per Share for purposes of our Pay Versus
Performance disclosure, the Committee made the following adjustment to our GAAP earnings per share,
which is consistent with the adjustment the Committee makes when determining whether the EPS vesting
targets for outstanding stock options have been met:
•excluded any reduction for stock-based compensation expense associated with stock options in
accordance with Accounting Standards Codification 718 equity compensation (Stock-Based
Compensation) from any calculation of the achievement of EPS vesting targets.
See Annex A of this Proxy Statement for a reconciliation of Diluted Earnings Per Share reported in
accordance with generally accepted accounting principles (GAAP) to Adjusted Pre-Tax Earnings Per Share
(non-GAAP) during the five most recently completed fiscal years. 		         
Total Shareholder Return Vs Peer Group   The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the
average of Compensation Actually Paid to our Non-PEO NEOs, the Company’s cumulative TSR, and the
Industry Index cumulative TSR over the five most recently completed fiscal years. TSR values for the
Company and Industry Index assume $100 invested on December 31, 2019 through the last business day of
the listed year.
6089
          
Total Shareholder Return Amount   $ 134.70 102.46 92.66 95.47 88.89  
Peer Group Total Shareholder Return Amount   247.25 181.96 129.82 180.24 125.65  
Net Income (Loss)   $ 581,191,000 $ 462,258,000 $ 475,467,000 $ 546,593,000 $ 447,286,000  
Company Selected Measure Amount   5.98 4.61 4.48 5.12 3.99  
PEO Name Alfred P. West, Jr.           Ryan P. Hicke
Additional 402(v) Disclosure   Reflects net income in the Company’s Consolidated Statements of Operations included in the Company’s Annual Reports
on Form 10-K for each of the years ended December 31, 2024, 2023, 2022, 2021 and 2020.
          
Measure:: 1              
Pay vs Performance Disclosure              
Name   Adjusted Pre-Tax Earnings Per Share          
Non-GAAP Measure Description   The Company’s selected measure is Adjusted Pre-Tax Earnings Per Share, which is a non-GAAP financial measure that
consists of the quotient of (A) the Company’s calendar year net income before income taxes adjusted to not include any
reduction for stock-option expense under ASC 718 equity compensation and the effect of items or events that the
Compensation Committee determines in its discretion should be excluded for compensation purposes, divided by (B) the
Company’s diluted shares outstanding. See Annex A of this Proxy Statement for a reconciliation of Diluted Earnings Per
Share reported in accordance with generally accepted accounting principles (GAAP) to Adjusted Pre-Tax Earnings Per
Share (non-GAAP). 		         
Hicke [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount   $ 8,766,030 $ 5,934,430 $ 6,402,465      
PEO Actually Paid Compensation Amount   13,322,190 6,142,130 6,224,840      
West [Member]              
Pay vs Performance Disclosure              
PEO Total Compensation Amount       2,469,653 $ 2,367,239 $ 2,933,734  
PEO Actually Paid Compensation Amount       2,377,978 2,475,614 2,552,384  
PEO | Hicke [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (5,697,000) (3,416,000) (4,106,600)      
PEO | Hicke [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   5,300,500 3,544,500 3,941,000      
PEO | Hicke [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   4,395,010 95,800 63,350      
PEO | Hicke [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   557,650 (16,600) (75,375)      
PEO | West [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       (694,825) (373,625) (1,014,000)  
PEO | West [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       628,450 383,000 988,875  
PEO | West [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       50,075 49,500 (356,225)  
PEO | West [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount       (75,375) 49,500 0  
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   (3,016,985) (637,000) (1,893,842) (429,669) (1,280,438)  
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   2,451,802 663,700 1,754,833 440,450 1,994,694  
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   672,205 (11,369) 52,694 176,488 (638,034)  
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount   $ 667,560 $ 14,250 $ (75,375) $ (16,421) $ 0