Although shares in the US-headquartered firm have mostly trod water this year, SEI said it has had a successful track record of putting projects into action. It has given an update for performance for the first nine months of the year.

Oaks, Pennsylvania-headquartered SEI said yesterday that its private banking business has wrapped up 13 client implementation projects and signed 21 new professional services engagements in the first nine months of 2025. The business has also launched 14 projects across 13 specific firms over the same period, it said in a statement.

Implementations included Clermont Trust USA, an independent trust company serving family offices and high net worth individuals, and Alerus, a “commercial wealth bank” and retirement provider.

SEI hailed the work that its Project Management Office (PMO) and Professional Services teams had carried out on digital technology and change management. 

The firm said its expertise is needed at a time when, according to McKinsey (April, 2023), 70 per cent of digital transformation initiatives fail to meet their intended goals, often due to poor planning, a lack of leadership alignment, or inadequate change management.

SEI's results haven’t boosted the share price recently. Since the start of the year, the price has slipped less than one per cent. In its quarterly figures, SEI said it achieved third-quarter 2025 net income, on an attributable basis, of $164 million, up 6 per cent on a year before, while revenues rose 8 per cent. In the private banking arm, operating profit dipped by 2 per cent because a year ago figures were boosted by unusual items.