Q4 2019 SEI Investments Co Earnings Call Transcript
Ladies and gentlemen, thank you for standing by, and welcome to SEI Fourth Quarter 2019 Earnings Conference Call. (Operator Instructions)
And as a reminder, today's call is being recorded. I would now like to turn the call over to our host, Al West, Chairman and CEO. Please go ahead, sir.
Thank you. 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 fourth quarter and full year 2019. I'll then 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 of their segments. Then finally, Kathy Heilig will provide you with some important company-wide statistics.
As usual, we'll field questions at the end of each report. So let me start with the fourth quarter and full year 2019. Fourth quarter earnings increased by 11% from a year ago. Diluted earnings per
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