Q2 2019 SEI Investments Co Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome to the SEI Second Quarter 2019 Earnings Call. (Operator Instructions) As a reminder, this conference is being recorded.
I'd now like to turn the conference over to Chairman and CEO, Al West. Please go ahead.
Thank you, and welcome, everyone. All of our segment leaders are on the call as well as Dennis McGonigle, SEI's CFO; and Kathy Heilig, SEI's Controller.
I'll start by recapping the second quarter 2019, then I'll turn it over to Dennis to cover LSV and the investment in new business segment. After that, each of the business segment leaders will comment on the results for their segments. Then finally, Kathy Heilig will provide you some important company-wide statistics. As usual, we will field questions at the end of each report.
So let me start with the second quarter of 2019. Second quarter earnings increased by 4% over a year ago. Diluted earnings per share for the second quarter of $0.82 represents a 9%
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