SEI revenue falls with markets and loss of Retirement Planners of America
For the three months that ended Sept. 30, SEI’s investment adviser business brought in $109.56 million, down 12% from same period in 2021.
The revenue generated by SEI Investment Co.’s investment adviser business fell in the third quarter on the back of lower capital markets and the loss of Retirement Planners of America, which had announced plans to terminate its relationship with SEI in November.
For the three months that ended
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