SEI Appoints Head Of Canadian Institutional Sales

TORONTO, Nov. 12, 2009 – SEI (NASDAQ: SEIC) today announced it has appointed Michael Chwalka as Head of Institutional Sales for SEI Investments Canada. Mr. Chwalka’s focus is new business development for SEI’s comprehensive solution customized for Canadian pension plans, endowments, foundations, and various other institutional investors. The investment component of this comprehensive solution is delivered through SEI’s Manager-of-Managers Program.

“We are delighted to welcome Michael to SEI,” said Paul Klauder, Vice President and Managing Director of SEI’s Institutional Group. “In these volatile markets, investors are increasingly searching for ways to manage risk and expenses through a more comprehensive and integrated program. Michael’s extensive experience in Canada and deep knowledge of the challenges faced by pension plan sponsors and other institutional investors will prove invaluable in this position.”

Mr. Chwalka comes to SEI with an impressive track record and a thorough understanding of the Canadian institutional market. Most recently, Michael was executive director and head of Morgan Stanley Investment Management’s Canadian institutional business. Prior to Morgan Stanley, he served seven years as senior vice president and head of institutional sales for Merrill Lynch Investment Managers in Canada. Michael has also held senior sales roles within Chase Fleming Asset Management, jointly representing the Flemings Group (UK) and Jardine Fleming (Hong Kong), Fidelity Investments as regional vice president, and National Trust as vice president pension custody and institutional trust sales.

“SEI has a significant track record as a leader in helping institutional investors address investment challenges and the impact on organizational finances,” said Mr. Chwalka. “I am honored to join the team and I look forward to leveraging my experience within the Canadian marketplace to contribute to the overall quality of the solutions we deliver to these investors.”

About SEI’s Institutional Group

SEI’s Institutional Group delivers integrated healthcare, retirement and nonprofit investment solutions to over 500 global institutional clients (of which 340 are U.S. based) in six different countries. SEI enables clients to meet financial objectives, reduce business risk, and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and other balance sheet assets. For more information, visit http://www.seic.com/institutions/.

About SEI

SEI (NASDAQ:SEIC) is a leading global provider of outsourced asset management, investment processing and investment operations solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of September 30, 2009, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers $383 billion in mutual fund and pooled assets and manages $156 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.