SEI Investments Company (NASDAQ:SEIC) Q1 2024 Earnings Conference Call April 24, 2024 4:30 PM ET

Company Participants

Alex Whitelam - Investor Relations
Ryan Hicke - Chief Executive Officer
Dennis McGonigle - Chief Financial Officer
Paul Klauder - Executive Vice President & Head of Advisor Business

Conference Call Participants

Owen Lau - Oppenheimer
Jeff Schmitt - William Blair
Ryan Kenny - Morgan Stanley

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the SEI's First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. And later, we will conduct a question-and-answer session. Instructions will be given at that time. [Operator Instructions] And as a reminder, this conference is being recorded.

I would now like to turn the conference over to our host, Alex Whitelam. Please go ahead.

Alex Whitelam

Thank you, Eric. Thank you, everyone; welcome. We appreciate you joining us today for our first quarter 2024 earnings call. On the call, we have Ryan Hicke, SEI's Chief Executive Officer; Dennis McGonigle Chief Financial Officer; and Sean Denham, incoming Chief Financial Officer with leaders of our business segments, James Cipriano, Sandy Ewing, Paul Klauder, Phil McCabe, Sneha Shah and Sanjay Sharma.

Before we begin, I'd like to point out that our earnings press release can be found under the Investor Relations section of our website at seic.com. This call is being webcast live and a replay will be available on the Events and Webcast page of our website. We would like to remind you that during today's presentation and in our responses to your questions, we have and will make certain forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements that appear in today's earnings press release and in our filings with the Securities and Exchange Commission. We do not undertake to update any of our forward-looking statements.

With that, I'll turn the call over to our CEO, Ryan Hicke. Ryan?

Ryan Hicke

Thanks, Alex and good afternoon, everyone. We are out of the gates this year with high-quality results, top line growth and margin expansion in the first quarter. This deepens our conviction to maintain our focus on excellent execution against our strategic priorities. We are seeing significant traction in our technology and operational businesses as we manage expenses diligently, especially manifesting in profit growth in private banking.