SEI Investments Co at Morningstar Management Behind the Moat Conference (Virtual) Transcript

Sep 29, 2020 / 05:00PM GMT
Rajiv K. Bhatia - Morningstar Inc., Research Division - Equity Analyst

All right. Great. Good afternoon. My name is Rajiv Bhatia, and I'm the analyst that covers SEI Investments. We're pleased to have with us today SEI Investments' CFO, Dennis McGonigle; and CIO, Ryan Hicke.

Dennis has served as SEI's CFO since 2002. Ryan has served as SEI's CIO since 2015, and previously, he led the company's wealth platform business in the U.K. Given the firm's 5 differentiated segments, SEI is one of the more unique companies in my coverage universe.

Just so everyone knows, we have about 45 minutes today. And I have a series of questions that I'd like to get through, but we'll leave time for the audience Q&A.

Questions and Answers:

Rajiv K. Bhatia - Morningstar Inc., Research Division - Equity Analyst

So just to start off with, at Morningstar, we think a lot about economic moats or sustainable competitive advantages. We think SEI has a moat, but I'd like to hear what you think are the company's key source of competitive advantage.

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