OAKS, Pa. – SEI (NASDAQ:SEIC) announced today the launch of SEI Transfer Agency and Registry Services, Inc., a Securities and Exchange Commission-registered transfer agency designed to support traditional and alternative asset managers offering SEC-registered, retail-distributed funds.
The new transfer agency will service semi-liquid alternative investment funds, including ’40 Act registered closed-end interval funds, closed-end tender offer funds, business development companies, and ’34 Act registered 3(c)(7) funds. The service utilizes core technology from Envision Financial Systems, an investor accounting platform provider.
SEI’s institutional transfer agency has operated for 18 years, currently servicing more than 1,100 funds representing $395 billion in assets under management as of March 31, 2026, according to a company press release statement. The company, with a market capitalization of $10.4 billion, reported revenue of $2.37 billion in the last twelve months with a robust gross profit margin of 78.3%.
The transfer agency platform offers investor recordkeeping and accounting, transaction processing, digital interfaces, business process automation, dealer support services, and compliance with SEC ’34 Act requirements.
“The expansion of SEI’s transfer agency capabilities strengthens our role as a trusted strategic partner in helping our clients navigate an ever-changing industry landscape,” said Sean Lawlor, Head of Public Markets for SEI’s Investment Managers business.
Semi-liquid funds reached $530 billion in total net assets by the end of 2025, according to Morningstar data cited in the release.
Phil McCabe, Head of SEI’s Investment Managers business, said the expansion allows the company to leverage its technology and operations capabilities to address growth in private markets.
Brian Jones, Chief Operating Officer of Envision, said the partnership combines Envision’s technology suite with SEI’s business model to service alternative funds.
SEI manages, advises, or administers approximately $1.9 trillion in assets as of March 31, 2026. According to InvestingPro data, the company has maintained dividend payments for 39 consecutive years, underscoring its financial stability. The stock currently appears undervalued based on InvestingPro’s Fair Value analysis. Investors can access 6 additional InvestingPro Tips and comprehensive financial metrics for deeper analysis.
In other recent news, SEI Investments Company announced the introduction of an enhanced platform combining SEI Data Cloud and SEI Scope for investment managers. This platform aims to provide a centralized data foundation, integrating data access, workflows, and analytics for handling public and private markets. In addition, SEI declared a semi-annual dividend of $0.52 per share, payable on June 16, 2026, to shareholders of record as of June 8, 2026. The company also appointed Rob Wrzesniewski as Head of Stratos Technology and Matt Provencher as Global Head of Enterprise Professional Services, both newly created positions. Wrzesniewski will focus on advancing Stratos’ technology strategy, while Provencher will oversee the expansion of SEI’s professional services offerings. Furthermore, SEI has appointed Sneha Shah as Chief AI Strategist to lead its AI strategy and innovation unit, SEI Next. These developments highlight SEI’s commitment to enhancing its technology and service offerings across various sectors.
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