Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Accounting Policies [Abstract]

Schedule of Amortization Expense Related to the SEI Wealth Platform

The Company currently expects to recognize amortization expense related to all capitalized software development costs placed into service as of December 31, 2024 each year from 2025 through 2029 as follows:

Year	Expected Amortization Expense Related to Capitalized Software
2025	$	28,556
2026	27,550
2027	25,932
2028	23,995
2029	22,384

Schedule of Calculation of Basic and Diluted Earnings Per Share

The calculations of basic and diluted earnings per share for 2024, 2023 and 2022 are:

	2024		2023		2022
Net income	$	581,191	$	462,258	$	475,467
Shares used to compute basic earnings per common share	130,073,000		132,593,000		136,071,000
Dilutive effect of equity awards	1,654,000		1,135,000		1,352,000
Shares used to compute diluted earnings per common share	131,727,000		133,728,000		137,423,000
Basic earnings per common share	$	4.47	$	3.49	$	3.49
Diluted earnings per common share	$	4.41	$	3.46	$	3.46