8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________________________________

FORM 8-K

________________________________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

June 3, 2020

Date of report (Date of earliest event reported)

________________________________________

________________________________________

SEI INVESTMENTS COMPANY

(Exact name of registrant as specified in its charter)

Pennsylvania	0-10200	23-1707341
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1 Freedom Valley Drive

Oaks, Pennsylvania 19456

(Address of principal executive offices) (Zip Code)

(610) 676-1000

(Registrants’ telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425).

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12).

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)).

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol	Name of each exchange on which registered
Common Stock, par value $0.01 per share	SEIC	The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item  5.07. Submission of Matters to a Vote of Security Holders.

At the Company’s annual meeting of shareholders held on June 3, 2020, the following matters were submitted to the shareholders of the Company:

(1) The following nominees were elected as directors of the Company for terms expiring in the year 2023 and received the votes set forth opposite their names below:

Name of Nominee	For	Against	Abstain
Sarah W. Blumenstein	88,716,924	11,995,431	98,672
Kathryn M. McCarthy	86,256,155	14,446,227	108,645

There were a total of 8,244,938 broker non-votes for the election of directors.

Since the Board of Directors is divided into three classes with one class elected each year to hold office for a three-year term, the term of office for the following directors continued after the Annual Meeting: Carl A. Guarino, Carmen V. Romeo, Alfred P. West, Jr. and William M. Doran.

(2) A resolution to approve, on an advisory basis, the compensation of named executive officers, was approved by 96.7% of the votes cast based on the votes set forth below:

For	Against	Abstain
97,372,099	3,326,279	112,649

There were a total of 8,244,938 broker non-votes on this matter.

(3) The appointment of KPMG LLP as the independent registered public accountants to examine the Company's consolidated financial statements for 2020 was ratified by 99.6% of the votes cast based on the votes set forth below:

For	Against	Abstain
108,512,930	406,955	136,080

(4) A resolution to approve the SEI Investments Employee Stock Purchase Plan as amended and restated, was approved by 99.7% of the votes cast based on the votes set forth below:

For	Against	Abstain
100,505,275	252,712	53,040

There were a total of 8,244,938 broker non-votes on this matter.

Item 8.01. Other Events.

On June 3, 2020, the Company issued a press release declaring a regular semi-annual dividend of $0.35 (thirty-five cents) per share. The cash dividend will be payable to shareholders of record on June 15, 2020, with a payment date of June 23, 2020.

A copy of the press release is furnished as Exhibit 99.1 and incorporated in this Item 8.01 by reference.

As provided in General Instruction B.2 to Form 8-K, the information furnished in Item 5.07, Item 8.01 and in Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release of SEI Investments Company dated June 3, 2020.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			SEI Investments Company
Date:	June 4, 2020	By:	/s/ Dennis J. McGonigle
			Dennis J. McGonigle
			Chief Financial Officer

EX-99.1

Exhibit 99.1

Company Contact:

Leslie Wojcik

SEI

+1 610-676-4191

lwojcik@seic.com

Pages:1

FOR IMMEDIATE RELEASE

SEI Declares Dividend of $0.35 Per Share

OAKS, Pa., June 3, 2020 – The Board of Directors of SEI Investments Company (NASDAQ: SEIC) on June 3, 2020 declared a dividend of $0.35 (thirty-five cents) per share. The cash dividend will be payable to shareholders of record on June 15, 2020 with a payment date of June 23, 2020.

About SEI

After 50 years in business, SEI (NASDAQ:SEIC) remains a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2020, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $920 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $283 billion in assets under management and $632 billion in client assets under administration. For more information, visit seic.com.

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XML

Cover	Jun. 03, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Jun. 03, 2020
Entity Registrant Name	SEI INVESTMENTS COMPANY
Entity Central Index Key	0000350894
Amendment Flag	false
Entity Incorporation, State or Country Code	PA
Entity File Number	0-10200
Entity Tax Identification Number	23-1707341
Entity Address, Address Line One	1 Freedom Valley Drive
Entity Address, City or Town	Oaks
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	19456
City Area Code	(610)
Local Phone Number	676-1000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	SEIC
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false