SEI Investments Reviews

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SEI Investments Chairman and CEO Alfred P. West Jr.
Alfred P. West Jr.
12 Ratings

Pros
  • Good work/life balance if that is what you are looking for (in 21 reviews)

  • Open work environment, friendly people (in 19 reviews)

Cons
  • Some people feel the open environment is not conducive to productivity (in 8 reviews)

  • Hard to define career path, Hard to get pay increases, (in 6 reviews)

More Pros and Cons

16 Employee Reviews

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  1. Middle Office Operations Analyst

    Current Intern - Middle Office Operations Analyst in Oaks, PA
    Current Intern - Middle Office Operations Analyst in Oaks, PA

    I have been working at SEI Investments as an intern

    Pros

    The people are friendly, but there is not much collaboration, so it doesn't add very much to the postion.

    Cons

    If you want to learn something about finance, this is not the internship for you. I spent the summer making sure forms had name, address, phone number, and social security number on this. There is not collaboration or intellectual challenge. I did not get anything out of this internship whatsoever.


  2. Helpful (3)

    WASTE and NASTY ENVIRONMENT WORKPLACE

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Professional in Oaks, PA
    Current Employee - IT Professional in Oaks, PA

    I have been working at SEI Investments full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There were no PROS about SEI.

    Cons

    IT PROFESSIONALS DON'T LURE INTO THIS WORST COMPANY JUST LOOKING AT COMPENSATIONS/PERKS.

    NO TRAINGING GIVEN, NO KNOWLEDGE TRANSITION, NO VALUES, NOT QUITE SURE HOW AN AMERICAN LIKES TO WORK FOR THIS COMPANY UNLESS SOMEONE IS FATELESS TO WORK IN THIS PLACE.

    Any individual who has been sentenced in court to serve the community for any specific reason can be treated as same working at this place. I MEAN IT.

    Get out before you are stuck!”

    Worst place to work. No morality. Every one pretends to be very nice but cunning behavior.

    Work is vendor based. More politics no career oriented. People who work here sucks. Everyone is NOT A PROFESSIONAL here.

    Vendors gets the employees just for billing. SEI has more money but they are just wasting on uncultured people instead they can spend money for needful.

    Anyone who left anywhere to work with SEI will certainly curse after join here. They loose confidence in career and don't have any knowledge of future.
    You don't know what you are working for, no importance of specialty or any importance given to your skillset.

    IT PROFESSIONALS DON'T GET TRAPPED IN THIS WORST COMPANY JUST LOOKING THERE COMPENSATIONS/PERKS. BETTER LOOK FOR SMALL SALARIES AND PEACEFUL LIFE. DON’T MAKE MISTAKE JOINING IN THIS WORST AND NASTY COMPANY.

    Advice to Management

    NONSENSE MANAGEMENT DON'T KNOW EMPLOYEES THOUGHTS


  3. Helpful (2)

    Frustrated senior executive

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in Oaks, PA
    Current Employee - Managing Director in Oaks, PA

    I have been working at SEI Investments full-time (More than 8 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Great deal of autonomy, low stress, reasonable quality of life

    Cons

    Executive leadership of the company is populated by a group of highly mediocre sycophants.

    Advice to Management

    Resign. Failing that, recognize that you are part of an organization and place the needs of that organization ahead of your own petty personal agendas.


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  5. Helpful (2)

    DO NOT waste your time. WORST and UNCOMFORTABLE WORKING ENVIRONMENT I've ever been a part of. Horrible place to work.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accounting Analyst in Oaks, PA
    Former Employee - Accounting Analyst in Oaks, PA

    I worked at SEI Investments full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There were no PROS about SEI.

    Cons

    -No Training until 3 months after I started. Thrown into the work on your own, and was expected to know everything within a few days.

    -Supervisors look the other way when you walk by them in the hallway. No "Good mornings", "How are you doing?", "How was your weekend?", or even a "Hello." If you see one of your supervisors in the parking garage, bathroom, or cafeteria, they just ignore you and keep quiet. It was the most AWKWARD ENVIRONMENT. Everyone was very ignorant and there is NO OPEN CULTURE at all. If anyone else saw an open culture, let me know.

    -Hours were awful. I was told my hours were 9am-5:30pm, but I had to wait for emails later in the day that always came later than 5:30pm. The email was delayed numerous times and I ended up staying until after 6pm, even 6:30pm on a regular basis.

    -Awful pay for the workload. I arrived slightly before 9am everyday and got to work right away. Constantly busy the entire day, and rarely had time to eat lunch. The department doesn't give overtime, so don't think about putting it on your time sheet.

    -The Human Resources department were not helpful at all. They were never in the office to respond to new hire questions. Everytime I emailed them, I got an auto response: "On vacation..." They took at least 3 days to respond to my emails, and didn't even know the answers all the time.

    -I was told by my supervisors in a meeting, "DO NOT LEAVE DURING THE FIRE DRILL". Myself, along with my other coworkers, had to stay at our desks to do work during a fire drill. The fire chiefs inspected the building and looked more confused than we were. I don't even think it's legal to tell your employees to ignore the fire drill.

    - Such a high turnover rate. From the very first day, I heard nothing but "I want to leave this place so bad", "I had an interview last week for another company", "There is nothing good about this place." Every single person in my department, including some supervisors, told me they were looking to leave ASAP.

    Worst place to work. Do not waste your time. Rather have worked in retail than this place.

    Advice to Management

    Train your supervisors and managers to respect and create an open culture with their employees. It definitely isn't happening, and everyone is leaving the company. There's a reason why your turnover rate is the highest rate. You better change and monitor every department, because I can't see how a company can be successful when you pay to "train" new employees and they leave within 6 months. Stop focusing on artwork, and focus on the employees.


  6. Helpful (2)

    The office environment is unique with open floor space but stress and depression destroys it.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant
    Current Employee - Fund Accountant

    I have been working at SEI Investments full-time (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    If you enjoy working with high stress and low morale with low salary. Its quicker to get Promoted to Accountant II and supervisor since They don't stay long. You will probably have to work harder and suck up to supervisor and volunteer to take things that you can handle without messing up too much. Plus it feels like data entry

    Cons

    Temp starts at 15/hr and Perm Starting Salary is 35k. After 1 year, salary goes up to 38k and thats it. Work even harder to get Get promoted to Fund Accountant II, salary starts at 41k.. There are NO Christmas party like most companies and there are NO Christmas Bonus. We'll be lucky if we get a $10 gift card. DECEMBER is a HELL month because most accountant takes off and you will have to take an extra work load to cover their funds. 1-2 person leaves each month in a team of 9-16 members and you will have to work harder to cover their funds until they hire a new person. The hiring takes about 2-4 weeks and that new person will go through at least 1-2 weeks before they can take over the easy funds. You do the math! Your workload will increase and probably won't decrease.. BE WARNED! Most people like the company before they start but after a month, They will regret their decision. If you get an offer from SEI and from another company, You better choose that other company. Stress level is extremely high and underpaid. By the way, This is reference to Accounting Analyst and Fund Accountant from SEI. You will see this available position a lot in monsters, indeed, careerbuilder, and from temp agency. Also, don't get trick when they give you a tour around their art display in an effort to trick you into selecting SEI from other competitor.

    Advice to Management

    Morale are dangerously low with this unique open space desk that spread like virus. Stop using free to cheap alternative to increase morale and falsely promoting that SEI got the best workplace environment.


  7. This place SUCKS

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Oaks, PA
    Current Employee - Fund Accountant in Oaks, PA

    I have been working at SEI Investments full-time (More than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Company happy hours, the cafeteria, the onsite amentities

    Cons

    Everything else. The work sucks, they will continue to give you more and more with with no raises, bonuses or promotions. If they do finally give you a promotion (I am mainly talking about IMS under Steve Meyer) they will stiff you out of a yearly performance raise because you got promoted. If you are there longer management will let you do whatever you want. The pay is also significantly less than any other place you will find a job opening for. Management tried to offer an incentive for staying a year by making you go from 35k to 38k, still below starting salary for other companies.

    Advice to Management

    LISTEN TO YOU EMPLOYEES AND STOP BEING SO CHEAP AND PAY THEM


  8. Helpful (2)

    Get out before you are stuck!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accounting Analyst in Oaks, PA
    Current Employee - Accounting Analyst in Oaks, PA

    I have been working at SEI Investments full-time (More than a year)

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The people are generally friendly and young. The building is cool and campus is huge. The cafeteria has good food.

    Cons

    Pay is horrible!!! There are people who dont even have degrees making more money with their entry level jobs than SEI will ever pay. They work you like a dog and then give you a hard time when you have overtime. Management doesn't have a clue about reasonable time lines in comparison to your work load. Also, if you are a woman in the investment managment services department, find a new job. Moving up is about as likely as the US getting out of debt. It is sad really that SEI plays into the statistics of woman not having the ability to succeed in this industry but I am living it. Upper level management needs classes on how to run a team.

    Advice to Management

    Stop buying art and trying to woo your employees with happy hours every quarter. Instead, take a look around at what REALLY needs to be done. Put yourselves in classes, give reviews more than every year, try rewarding your employees every once and a while and lastly, do some work yourself. Being promoted to management does not mean that you no longer have to work. Stop dictating and teach, help your employees to grow and fix their pay.


  9. Investment analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Analyst in Ancient Oaks, PA
    Current Employee - Investment Analyst in Ancient Oaks, PA

    I have been working at SEI Investments full-time (More than 3 years)

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There are no pros in this firm.

    Cons

    Open but overcrowded environment
    Firm's objective is to please investors
    Employees are disposable, treated as 2nd class citizens
    Low salaries
    Incompetent management

    Advice to Management

    Leave, let more capable individuals lead the following work force!


  10. Very dull

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Oaks, PA
    Current Employee - Analyst in Oaks, PA

    I have been working at SEI Investments

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    The work itself is very easy to do, perfect place for a slacker to thrive

    Cons

    Low compensation, no challenges at all, not a place for a type A, or anyone with a brain

    Advice to Management

    Get a dictionary and look up the word meritocracy, maybe you will learn a thing or two


  11. Helpful (1)

    Good place to start career, but don't stay too long

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Hedge Fund Accountant in Oaks, PA
    Current Employee - Hedge Fund Accountant in Oaks, PA

    I have been working at SEI Investments

    Doesn't Recommend
    No opinion of CEO
    Doesn't Recommend
    No opinion of CEO

    Pros

    Workplace atmosphere is open and relaxed, with no cubicles. The workforce is young, with a lot of recent graduates, however, this can also be a big negative. Good place to gain experience with a corporate environment. Get what you can in 2-3 years and leave.

    Cons

    With the young staff, you encounter unprofessional behavior at times. The relaxed atmosphere makes it real easy to slack off and get by. Most of the entry-level positions have too much data entry to be considered true analyst roles. Promotions are mostly based off who you know and not how much work you put in. Pay is below industry average and raises/bonuses are hard to come by. Morale is low and attitudes are toxic. Most people are trying to leave. There are no incentives to working hard and trying to advance within the company.

    Advice to Management

    Need stronger middle management and supervisor level candidates. If you're going to hire lots of young employees, you need better everyday leaders. HR seems to be in denial about the high turn-over problem and employee satisfaction.



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