Sei Investments Management Corp
SEC-registered
Investment Adviser · Mega ($100B+)
CRD 105146
· SEC file 801-24593
· Oaks, PA
· WWW.SEIC.COM
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ADV data as of Jul 15, 2026
- Regulatory AUM
- $216B
- Discretionary
- $212B
- Clients
- 112,646
- Avg AUM / client
- $1.9M
- Accounts
- 112,627
- Employees
- 434
AUM over time
$9.3B
$223B
Dec 2011
Jul 2026
Annual snapshots from Form ADV filings · as of Jul 15, 2026
Asset allocation (SMA assets by investment type)
as of Jul 15, 2026
Exchange-traded equities
$141B
65%
Registered investment companies (funds/ETFs)
$23.8B
11%
Investment-grade corporate bonds
$17.3B
8%
US government & agency bonds
$15.1B
7%
State & local bonds
$10.8B
5%
Pooled investment vehicles
$6.5B
3%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 110,959 | $47.7B | 22.0% |
| High net worth individuals | 726 | $5.0B | 2.31% |
| Banking or thrift institutions | 93 | $936M | 0.43% |
| Investment companies | 1 | $101B | 46.5% |
| Pooled investment vehicles (non-investment companies) | 18 | $45.2B | 20.9% |
| Pension and profit sharing plans | 343 | $9.6B | 4.42% |
| Charitable organizations | 465 | $3.9B | 1.79% |
| State or municipal government entities | 4 | $2.6B | 1.21% |
| Corporations and other businesses | 35 | $488M | 0.23% |
| Other | 2 | $375M | 0.17% |
Private funds (14)
Reported in Form ADV Section 7.B.(1), filing of Sep 2024 · $6.6B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Sei Core Property Fund, Lp | Other Private Fund | Delaware | $2.3B | 140 |
| Sei Offshore Advanced Strategy Series Spc Structured Credit Segregated Portfolio | Other Private Fund | Cayman Islands | $1.6B | 97 |
| Sei Hedge Fund Spc | Other Private Fund | Cayman Islands | $951M | 1 |
| Sei Global Private Assets Iv, Lp | Other Private Fund | Delaware | $602M | 65 |
| Sei Vista Fund, Ltd. | Hedge Fund | Cayman Islands | $334M | 26 |
| Sei Liquidity Fund, Lp | Liquidity Fund | Delaware | $224M | 27 |
| Sei Offshore Opportunity Fund Ii, Ltd. | Other Private Fund | Cayman Islands | $146M | 7 |
| Sei Global Private Assets V, Lp | Other Private Fund | Delaware | $130M | 79 |
| Sei Global Private Assets Iii, L.P. | Other Private Fund | Delaware | $130M | 30 |
| Sei Secondary Opportunity Fund I, L.P. | Other Private Fund | Delaware | $80.8M | 29 |
| Sei Energy Debt Fund, Lp | Hedge Fund | Delaware | $55.6M | 33 |
| Sei Global Private Assets Vi, L.P. | Other Private Fund | Delaware | $52.5M | 54 |
| Sei Special Situations Fund, Ltd. | Other Private Fund | Cayman Islands | $30.6M | 69 |
| Sei Institutional Gpa Fund 1, L.P. | Other Private Fund | Delaware | $29.2M | 2 |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| First Community Foundation Partnership Of Pennsylvania EIN 246013117 | Williamsport, PA | 12/31/2024 |
| College Of Central Florida Foundation Inc EIN 596139037 | Ocala, FL | 12/31/2024 |
| Redlands Health Foundation EIN 330900937 | Redlands, CA | 09/30/2024 |
| Dakota Medical Foundation EIN 456012318 | Fargo, ND | 09/30/2024 |
| Dakota Medical Charities EIN 450368679 | Fargo, ND | 09/30/2024 |
| New Jersey Education Association Health And Welfare Benefits Plan EIN 912003765 | Trenton, NJ | 08/31/2024 |
| The Foundation For Santa Barbara City College EIN 953234551 | Santa Barbara, CA | 06/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (135)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Barto, Timothy, Dean | General Counsel | Dec 2003 (23y) | Less than 5% | |
| Jennifer Hickman Campisi | Chief Compliance Officer | May 2012 (14y) | Less than 5% | |
| Peterson, Michael, Neil | Senior Vice President | Jun 2018 (8y) | Less than 5% | |
| Warner, Mark, Andrew | Treasurer/Controller | Mar 2023 (3y) | Less than 5% | |
| Cipriano, Jay, John | Senior Vice President | May 2023 (3y) | Less than 5% | |
| Klauder, Paul, Francis | Chairman Of The Board | Feb 2024 (3y) | Less than 5% | |
| Womack, Jay, C | President | Feb 2024 (3y) | Less than 5% | |
| Duane Mitchell Oakes | Registered representative | Jan 2006 (21y) | ||
| Christopher Michael Rice | Registered representative | Sep 2007 (19y) | ||
| Kathleen Marie Fox | Registered representative | Oct 2007 (19y) | ||
| Brian Ronald Barone | Registered representative | Oct 2007 (19y) | ||
| Michael Joseph Matkovic | Registered representative | Jan 2008 (19y) | ||
| Harley Brett Nager | Registered representative | CFP | Apr 2008 (18y) | |
| Matthew Mccloskey | Registered representative | CFA | Sep 2008 (18y) | |
| William P Berberich | Registered representative | CFP | Jan 2009 (18y) | |
| Christopher Francis Arizin | Registered representative | May 2009 (17y) | ||
| Frank Michael Byrd | Registered representative | May 2009 (17y) | ||
| Sean Paul Simko | Registered representative | Chartered Financial Consultant | Aug 2009 (17y) | |
| Karim Michael Ouazzi | Registered representative | CFP | Jun 2010 (16y) | |
| Jeffrey Paul Ladouceur | Registered representative | Jul 2010 (16y) | ||
| Timothy Joseph Sauermelch | Registered representative | Oct 2010 (16y) | ||
| Timothy Bohdan Gregory | Registered representative | Sep 2011 (15y) | ||
| Steven Clarke Treftz | Registered representative | May 2012 (14y) | ||
| Brian David Bono | Registered representative | CFA | Jun 2012 (14y) | |
| Andrew John Chipego | Registered representative | Nov 2012 (14y) | ||
| Karen Lynn Mclaughlin | Registered representative | Feb 2013 (13y) | ||
| Michael J Harris | Registered representative | Jun 2013 (13y) | ||
| Matthew Early Potter | Registered representative | CFA | Jul 2013 (13y) | |
| Benjamin Riggs Packer | Registered representative | Oct 2013 (13y) | ||
| Arthur Fulton Worthington | Registered representative | CFP | Nov 2013 (13y) | |
| Steven Brian Wittenberg | Registered representative | Jan 2014 (13y) | ||
| John J Loughlin | Registered representative | Mar 2014 (12y) | ||
| Kristin Anne Josephs | Registered representative | Jul 2014 (12y) | ||
| Scott Thomas Prichard | Registered representative | CFA | Sep 2014 (12y) | |
| Jacob Thomas Bucha | Registered representative | Apr 2015 (11y) | ||
| Charles Joseph Matthews | Registered representative | CFA | Jul 2015 (11y) | |
| Erich Anthony Holland | Registered representative | Aug 2015 (11y) | ||
| John Jacob Norton | Registered representative | Sep 2015 (11y) | ||
| Robert J Kelly | Registered representative | Jan 2016 (11y) | ||
| Catherine Elise Bock | Registered representative | CFP | Apr 2016 (10y) | |
| Geoffrey Michael Knox | Registered representative | Apr 2016 (10y) | ||
| Thomas Michael Frederick | Registered representative | Apr 2016 (10y) | ||
| Eric Lawrence Dunn | Registered representative | Nov 2016 (10y) | ||
| Caitlin Charlton | Registered representative | Sep 2017 (9y) | ||
| Luke Nathaniel Quimby | Registered representative | Aug 2018 (8y) | ||
| Melissa Marie Kretschmer | Registered representative | Jun 2019 (7y) | ||
| Mark Mizzer | Registered representative | CFP | Jul 2019 (7y) | |
| Kelley Reilly Wolfington | Registered representative | Oct 2019 (7y) | ||
| Joseph Rosario Canestro | Registered representative | Nov 2019 (7y) | ||
| Jennifer Jean Steele | Registered representative | Jan 2020 (7y) | ||
| Jason Anthony Kolenda | Registered representative | Jun 2020 (6y) | ||
| Mariame Kouyate | Registered representative | Apr 2021 (5y) | ||
| Samuel Shober Stroud | Registered representative | Jun 2021 (5y) | ||
| John Frank Sarbello | Registered representative | Sep 2021 (5y) | ||
| Austin Paxton | Registered representative | Dec 2021 (5y) | ||
| Anna Kim | Registered representative | Jan 2022 (5y) | ||
| Brendan James Mc Cabe | Registered representative | Feb 2022 (4y) | ||
| Gabriel Garcia | Registered representative | May 2022 (4y) | ||
| Andrew Charles Roth | Registered representative | Jun 2022 (4y) | ||
| Samuel Matthew Politte | Registered representative | Jun 2022 (4y) | ||
| Thomas George Murray | Registered representative | Jun 2022 (4y) | ||
| Florence Mwaura | Registered representative | Jun 2022 (4y) | ||
| Gregory Mark Painter | Registered representative | Jul 2022 (4y) | ||
| Robert Lawson Ainsworth | Registered representative | Aug 2022 (4y) | ||
| Steven Ryan Miller | Registered representative | Sep 2022 (4y) | ||
| Henry Andrew Kulik | Registered representative | Oct 2022 (4y) | ||
| Alexander Roman De Ciantis | Registered representative | Oct 2022 (4y) | ||
| Julie Lynn Seifert | Registered representative | Oct 2022 (4y) | ||
| Edward Connor Millay | Registered representative | Oct 2022 (4y) | ||
| Thomas Peter Pileggi | Registered representative | Oct 2022 (4y) | ||
| Ryan Schneck | Registered representative | Dec 2022 (4y) | ||
| Darren Chen | Registered representative | Feb 2023 (3y) | ||
| Joseph Manuel De Los Santos Morris | Registered representative | Mar 2023 (3y) | ||
| Aaron Roger Mcinerney | Registered representative | Mar 2023 (3y) | ||
| Logan William Schwartz | Registered representative | Mar 2023 (3y) | ||
| Luke Arizin | Registered representative | Apr 2023 (3y) | ||
| Jake Flannery | Registered representative | May 2023 (3y) | ||
| Megan Ann Allen | Registered representative | Jun 2023 (3y) | ||
| Madeline Mei Russell | Registered representative | Aug 2023 (3y) | ||
| Gary Steven De Oliveira | Registered representative | Aug 2023 (3y) | ||
| Matthew Pesot | Registered representative | Sep 2023 (3y) | ||
| Eric Martinez | Registered representative | Oct 2023 (3y) | ||
| James George Faunce | Registered representative | Oct 2023 (3y) | ||
| Tyler Andrew Cashiola | Registered representative | Nov 2023 (3y) | ||
| Maxwell Davis Seeber | Registered representative | Dec 2023 (3y) | ||
| Ryan Cavanagh | Registered representative | Jan 2024 (3y) | ||
| Timothy James Black | Registered representative | Jan 2024 (3y) | ||
| James Francis Agasar | Registered representative | Jan 2024 (3y) | ||
| Tatiana Cristina Parave Eckel | Registered representative | Jan 2024 (3y) | ||
| Adam Todd Booz | Registered representative | Jan 2024 (3y) | ||
| Danielle Franklin | Registered representative | CFP | Jan 2024 (3y) | |
| Zachary John Button | Registered representative | Feb 2024 (2y) | ||
| Shedrick Deangelo Crawford | Registered representative | CFP | Apr 2024 (2y) | |
| Alexander Cohen | Registered representative | May 2024 (2y) | ||
| Hayden Greer | Registered representative | Jun 2024 (2y) | ||
| Brendan Smith | Registered representative | Jun 2024 (2y) | ||
| Keith Patrick Carra | Registered representative | Jun 2024 (2y) | ||
| Kevin Scott Brandenburg | Registered representative | Aug 2024 (2y) | ||
| Kristin Conlon | Registered representative | Aug 2024 (2y) | ||
| Walter Paul Kokol | Registered representative | Aug 2024 (2y) | ||
| Michael Farrin Lane | Registered representative | Sep 2024 (2y) | ||
| Nicholas Hoffman | Registered representative | Sep 2024 (2y) | ||
| Tigran Hovhannes Muradyan | Registered representative | Oct 2024 (2y) | ||
| Clayton Johnson | Registered representative | Oct 2024 (2y) | ||
| Michelle Elizabeth Rohrbach | Registered representative | Nov 2024 (2y) | ||
| Healy Conor O'brien | Registered representative | Nov 2024 (2y) | ||
| Natasha Minesh Patel | Registered representative | Dec 2024 (2y) | ||
| Andrew Humphrey | Registered representative | Dec 2024 (2y) | ||
| Larissa Alejandra Noble | Registered representative | Dec 2024 (2y) | ||
| Sydney Stein | Registered representative | Dec 2024 (2y) | ||
| Fakhri Shirazi Abdullayev | Registered representative | Jan 2025 (2y) | ||
| John Spina | Registered representative | Mar 2025 (1y) | ||
| Nicholas Albert Marchegiano | Registered representative | Mar 2025 (1y) | ||
| Ryan Edward Bivenour | Registered representative | Mar 2025 (1y) | ||
| Robert W Jones | Registered representative | May 2025 (1y) | ||
| Nathaniel Jermaine Poole | Registered representative | Jun 2025 (1y) | ||
| Patrick Joseph Troy | Registered representative | Jun 2025 (1y) | ||
| Joseph James Mc Laughlin | Registered representative | Jun 2025 (1y) | ||
| Stanley Sroufe Barnes | Registered representative | CFA | Jun 2025 (1y) | |
| Robert M Hum | Registered representative | Aug 2025 (1y) | ||
| Joseph Kelly | Registered representative | Sep 2025 (1y) | ||
| Tyler Joseph Magie | Registered representative | Sep 2025 (1y) | ||
| Michael Coccia | Registered representative | Oct 2025 (1y) | ||
| Robert T Eckrote | Registered representative | Feb 2026 (0y) | ||
| Andrew D Waters | Registered representative | Feb 2026 (0y) | ||
| Eric D Tollefson | Registered representative | Mar 2026 (0y) | ||
| Laura Merino Mc Donald | Registered representative | Apr 2026 (0y) | ||
| Cole Peters | Registered representative | Apr 2026 (0y) | ||
| Ryan Patrick Wall | Registered representative | Apr 2026 (0y) | ||
| Peter Zimmerman | Registered representative | May 2026 (0y) | ||
| Macy Ruth Aideloje | Registered representative | Jun 2026 (0y) | ||
| Austin Tyler Warr | Registered representative | Jun 2026 (0y) | ||
| Andreas Jozea Papadourakis | Registered representative | Jun 2026 (0y) | ||
| Justin Eric Day | Registered representative | Jul 2026 (0y) | ||
| Melissa Gaye Albanese | Registered representative | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Simc Holding, Llc | Shareholder | Dec 2003 | A | 75% or more |
| Sei Investments Company | Member | Dec 2003 | B | ≈ 56.25% – 100% via Simc Holding, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Sei Investments Company: 75% – 100% of Simc Holding, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (14, $6.6B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Sei Core Property Fund, Lp | Other Private Fund | $2.3B | $1.0M | 140 |
| Sei Offshore Advanced Strategy Series Spc Structured Credit Segregated Portfolio | Other Private Fund | $1.6B | $100K | 97 |
| Sei Hedge Fund Spc | Other Private Fund | $951M | $10.0M | 1 |
| Sei Global Private Assets Iv, Lp | Other Private Fund | $602M | $1.0M | 65 |
| Sei Vista Fund, Ltd. | Hedge Fund | $334M | $1.0M | 26 |
| Sei Liquidity Fund, Lp | Liquidity Fund | $224M | $0 | 27 |
| Sei Offshore Opportunity Fund Ii, Ltd. | Other Private Fund | $146M | $1.0M | 7 |
| Sei Global Private Assets V, Lp | Other Private Fund | $130M | $1.0M | 79 |
| Sei Global Private Assets Iii, L.P. | Other Private Fund | $130M | $1.0M | 30 |
| Sei Secondary Opportunity Fund I, L.P. | Other Private Fund | $80.8M | $1.0M | 29 |
| Sei Energy Debt Fund, Lp | Hedge Fund | $55.6M | $1.0M | 33 |
| Sei Global Private Assets Vi, L.P. | Other Private Fund | $52.5M | $1.0M | 54 |
| Sei Special Situations Fund, Ltd. | Other Private Fund | $30.6M | $1.0M | 69 |
| Sei Institutional Gpa Fund 1, L.P. | Other Private Fund | $29.2M | $1.0M | 2 |
From Form ADV Section 7.B private fund reporting.
Retirement plans served (59)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Indianapolis Symphony Orchestra Pension Plan | Indiana Symphony Society, Inc. | 24 | $28.3M | 09/01/2024 |
| Industry And Local 338 Pension Fund | Board Of Trustees Of Industry And Local 338 Pension Fund | 213 | $110M | 07/01/2024 |
| The Defined Benefit Plan Of The Children's Institute Parent Company | The Children's Institute Parent Company | 45 | $49.9M | 07/01/2024 |
| Ibew Local No. 246 Pension Plan | I.B.E.W. Local No. 246 Pension Fund Board Of Trustees | 177 | $49.5M | 06/01/2024 |
| Upstate New York Engineers Pension Fund | Bd Of Trust Upstate New York Engineers Pension Fund | 2,462 | $455M | 04/01/2024 |
| Novamont Hourly Pension Plan | Braskem America, Inc. | 26 | $10.1M | 01/01/2024 |
| Peterson Spring Corporation Consolidated Uaw Retirement Income Plan | Peterson American Corporation | 52 | $2.0M | 01/01/2024 |
| Beneficial Bank Consolidated Pension Plan | Wilmington Savings Fund Society, Fsb | 78 | $78.0M | 01/01/2024 |
| Annuity Fund Of Wardrobe Attendants Union Local 764 | Board Of Trustees Annuity Fund Local 764 | 1,911 | $177M | 01/01/2024 |
| Dykema Gossett Pllc Retirement Plan | Dykema Gossett Pllc | 51 | $68.5M | 01/01/2024 |
| Ufcw Local 1500 Pension Plan | Board Of Trustees U.F.C.W. Local 1500 Pension Fund | 3,314 | $947M | 01/01/2024 |
| C. S. Davidson, Inc. Employee Stock Ownership Plan | C. S. Davidson, Inc. | 69 | $9.0M | 01/01/2024 |
| California Casualty Management Co. Pension Plan | California Casualty Management Company | 77 | $162M | 01/01/2024 |
| Stagehands Local Two Annuity Plan | Board Of Trustees Stagehands Local Two | 1,335 | $105M | 01/01/2024 |
| Excela Health Pension Plan | Excela Health | 396 | $24.2M | 01/01/2024 |
| Defined Benefit Pension Plan For The Employees Of Excela Health | Excela Health | 402 | $120M | 01/01/2024 |
| Ila Local 1478 2 Pension Plan | Board Of Trustees Ila Local 1478 2 Pension Fund | 637 | $78.8M | 01/01/2024 |
| Dykema Gossett Pllc Cash Balance Plan | Dykema Gossett Pllc | 113 | $37.3M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | Detroit Tigers, Inc. | 59 | $32.4M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | Kansas City Royals Baseball Club, Llc | 97 | $69.0M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | Los Angeles Dodgers Llc | 327 | $80.4M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | Marlins Teamco Llc | 74 | $38.2M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | New York Yankees Partnership | 520 | $119M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | Padres, Lp | 103 | $41.2M | 01/01/2024 |
| Major League Baseball Pension Plan For Non Uniformed Personnel | The Phillies | 584 | $147M | 01/01/2024 |
Top 25 of 59 plans by assets.
From Form 5500 service-provider disclosures.
Foundations & charities (7)
| Organization | Type | Assets | As of |
|---|---|---|---|
| First Community Foundation Partnership Of Pennsylvania | Public charity | $168M | 12/31/2024 |
| College Of Central Florida Foundation Inc | Public charity | $142M | 12/31/2024 |
| Redlands Health Foundation | Public charity | $352M | 09/30/2024 |
| Dakota Medical Foundation | Public charity | $63.4M | 09/30/2024 |
| Dakota Medical Charities | Public charity | $88.0M | 09/30/2024 |
| New Jersey Education Association Health And Welfare Benefits Plan | Public charity | $185M | 08/31/2024 |
| The Foundation For Santa Barbara City College | Public charity | $96.9M | 06/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/15/2026 | 5.42 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Civil judicial
as of Sep 30, 2024
Allegations: Y
Civil judicial
as of Sep 30, 2024
Allegations: GORDON STEVENS, INDIVIDUALLY AND AS THE REPRESENTATIVE OF SIMILARLY SITUATED PERSONS, AND ON BEHALF OF THE SEI CAPITAL ACCUMULATION PLAN (THE "PLAN") FILED A CLASS ACTION COMPLAINT AGAINST THE DEFENDANTS (THE "STEVENS COMPLAINT"). THE STEVENS COMPLIANT SOUGHT UNSPECIFIED DAMAGES FOR DEFENDANTS' ALLEGED BREACH OF FIDUCIARY DUTIES UNDER ERISA WITH RESPECT TO SELECTING AND MONITORING THE PLAN'S INVESTMENT OPTIONS AND BY RETAINING AFFILIATED INVESTMENT PRODUCTS IN THE PLAN. Status: Final Summary: ALTHOUGH SIMC AND ITS AFFILIATED DEFENDANTS BELIEVED ITS DEFENSES AGAINST THE PLAINTIFF'S ALLEGATIONS WERE VALID, THE DEFENDANTS AGREED TO SETTLE THIS MATTER IN THE VERY EARLY STAGES OF THE LITIGATION IN ORDER TO AVOID THE HIGH COST OF PROTRACTED CLASS-ACTION LITIGATION AND INTERNAL DISTRACTIONS SUCH CASES BRING. THE WRITTEN SETTLEMENT AGREEMENT WAS SUBMITTED TO THE COURT ON JULY 26, 2019, AND IS A MATTER OF PUBLIC RECORD. ALL OF THE SETTLEMENT TERMS WERE APPROVED BY THE COURT ON MARCH 2, 2020.
Regulatory
as of Sep 30, 2024
Allegations: THE SEC'S ORDER FOUND THAT SEI INVESTMENTS GLOBAL FUNDS SERVICES (SGFS) CAUSED AN UNREGISTERED MONEY MARKET FUND FOR WHICH SGFS SERVED AS FUND ACCOUNTANT AND ADMINISTRATOR TO VIOLATE AFFILIATED TRANSACTION RULES WHEN THAT FUND SOLD ITS SHARES TO, AND REDEEMED THEM FROM, A SET OF AFFILIATED MUTUAL FUNDS. WHILE THE UNREGISTERED MONEY MARKET FUND WAS PERMITTED TO SELL ITS SHARES TO, AND REDEEM THEM FROM, THE MUTUAL FUNDS, IT COULD DO SO ONLY IF IT OPERATED IN CONFORMITY WITH CERTAIN REGULATORY REQUIREMENTS, INCLUDING RULE 2A-7 AND SECTION 18 OF THE INVESTMENT COMPANY ACT OF 1940. THE ORDER FINDS THAT, DUE TO THE MANNER IN WHICH SGFS PERFORMED ACCOUNTING FOR THE UNREGISTERED MONEY MARKET FUND, IT FAILED TO SATISFY THOSE REGULATORY REQUIREMENTS FROM 2008 THROUGH 2012. Status: Final Sanction Detail: N/A Summary: THE ACTION HAS BEEN RESOLVED PURSUANT TO AN OFFER OF SETTLEMENT THAT WAS ACCEPTED BY THE U.S. SECURITIES AND EXCHANGE COMMISSION, AS SET FORTH IN AN "ORDER INSTITUTING CEASE-AND-DESIST PROCEEDINGS" DATED APRIL 26, 2018. PURSUANT TO THE ORDER, SGFS MUST CEASE AND DESIST FROM FURTHER VIOLATIONS AND PAY A FINE OF $225,000.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Reported custodians
- SEI Private Trust $123B (57% of AUM) Jul 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 15, 2026.
View current Form ADV (SEC/IAPD) ↗