SEI Investments Reviews

Updated August 17, 2014
Updated August 17, 2014
154 Reviews

2.8
154 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
SEI Investments Chairman and CEO Alfred P. West Jr.
Alfred P. West Jr.
110 Ratings

Review Highlights

Pros
  • Good work/life balance if that is what you are looking for (in 20 reviews)

  • It is a great work environment, unlike any other (in 19 reviews)


Cons
  • Do to the size of the company, the full notion of "open environment" is hard to achieve (in 7 reviews)

  • Hard to define career path, Hard to get pay increases, (in 5 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Good for someone who just wants a paycheck

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

    I worked at SEI Investments full-time for more than a year

    Pros

    -Nice campus in the suburbs
    -Work/life balance where most people are out of the office by 5-5:30pm
    -Free parking in their garages
    -Onsite daycare for those who need it
    -Onsite gym with fee and free learning courses
    -No cubicles (Can be both good and bad)

    Cons

    -Overworked and underpaid (Not paid at market average relative to work doing)
    -Low morale among employees
    -Stressful environment with bad attitudes
    -Limited networking and leadership opportunities because you're stuck to your desk doing the insane amount of work all day
    -Very stringent ways put into place to keep you from advancing to the next level
    -Most people are just cruising by until they find better opportunities
    -HIGH turnover

    Advice to ManagementAdvice

    Pay your employees better and develop them. Stop talking about your art because in reality most employees will never have anything to do with the art than walk by it, and it certainly does nothing to improve the horrendous working conditions. If you want people to perform well, then you have got to treat them better, and this starts with pay and working conditions.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    Good place to get foot in door, don't stay longer than 1-2 years.

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

    I worked at SEI Investments full-time for less than a year

    Pros

    Workplace environment - very open atmosphere, no cubicals or offices. Co-workers are very friendly/helpful. Cool campus, great cafeteria. On-site gym. SEI will jump-start you to higher paying opportunities within the financial services industry. PTO (7 days/yr) & Vacation (10 paid days/yr).

    Cons

    Salary is low (entry-level is 35k). Located in Oaks, PA (Remote suburb of Philly). Little room to advance within company (NO CAREER TRACK), managers do not stress advancements to other areas of company, only lateral movements within department. Most co-workers do not hold business degrees, most jobs are 'financial processing'. Most managers don't even work, they just delegate 100% of their duties. Not a lot of reward for recognition, 1-2 performance reviews a year result in small bonus. Probably mentioned it before but I cannot stress this enough, there is very high turnover, you will likely see a couple new faces every week.

    Advice to ManagementAdvice

    Pay entry-level employees more money, will cut down on training new employees every 3-6 months. Stop buying art.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3.  

    Account Administrator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Administrator  in  Thousand Oaks, CA
    Current Employee - Account Administrator in Thousand Oaks, CA

    I have been working at SEI Investments full-time for less than a year

    Pros

    Work Life Balance
    Co-Workers
    Good entry pay

    Cons

    No room for growth
    Repeated Work

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Great Place to work

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

    I have been working at SEI Investments as an intern for less than a year

    Pros

    open atmosphere, easily able to communicate with management, excellent campus, excellent services and amenities.

    Cons

    Open environment can sometimes be noisy when on teleconferences.

    Advice to ManagementAdvice

    Keep doing what you are doing.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    This place SUCKS

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

    I have been working at SEI Investments full-time for more than a year

    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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  7.  

    Corporate Employee

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

    I have been working at SEI Investments full-time for more than 5 years

    Pros

    There are a lot of great people working here and its a good culture. The environment is such that everyone is very hands-on and so you get to work with senior staff and you also get a lot of great overall experiences. Benefit time and work life balance is great.

    Cons

    There is little reward or recognition for hard work (I should say none). Oftentimes you won't even get a review of your performance. The salary is OK. There is a rumor that salaries are kept within 80% of the market, which sounds about right. Limited pay growth. With the workloads being much higher than competing companies, you kinda would expect the salary to also be more competitive. Benefits are not that great either (higher cost for a high deductible plan). There is no career track for growth, training or advancement. Also GWP is sucking the life out of this company. While the culture is great I don't know that the values or ethics are.

    Recommends
    Positive Outlook
    Approves of CEO
  8. 1 person found this helpful  

    Good Culture - Low Compensation

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

    I have been working at SEI Investments

    Pros

    -Open Work Environment
    -Great Co-Workers
    -Job Security

    Cons

    -Salary
    -Lack of career advancement
    -high turnover of employees

    Recommends
    Neutral Outlook
    Approves of CEO
  9. 2 people found this helpful  

    Get out before you are stuck!

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

    I have been working at SEI Investments full-time for more than a year

    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 ManagementAdvice

    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.

    Doesn't Recommend
    Disapproves of CEO
  10.  

    Sinking ship

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

    I worked at SEI Investments full-time for more than 10 years

    Pros

    Good vacation allowance, good hours

    Cons

    Gets worse each year. Sales rules the roost and salespeople make good money - everybody else makes just OK money. Gap between the haves and have nots is huge. There are no specialists, just generalists. Benefits other than vacation are just OK. Company-wide systems project is 10 years old with no scale yet - sucking the company dry...

    Advice to ManagementAdvice

    Quit doing "projects" and manage your staff. Quit worrying about yourselves and represent your staff. Buy an off-the-shelf product t run your business and save $

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Good family flexibility

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

    I worked at SEI Investments full-time for more than 10 years

    Pros

    Flexible and understanding of working parents' demands and last minute schedule changes kids often demand; child care center was a great help when kids were little; entrepreneurial yet big company perks

    Cons

    Process-resistant in marketing, poor planning, lacks leadership and strong executive management ; still run like separate businesses instead of one cohesive corporation - missing opportunity, leverage and efficiencies

    Advice to ManagementAdvice

    Trust the smart people you have hired to do the right thing and let them lead

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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