Form: 10-K

Annual report pursuant to Section 13 and 15(d)

March 29, 1996

EXHIBIT 21

Published on March 29, 1996


EXHIBIT 21
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SUBSIDIARIES OF THE REGISTRANT
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JURISDICTION OF ORGANIZATION
NAME OR INCORPORATION
---- ----------------

SEI Financial Services Company Pennsylvania

SEI Financial Management Corporation Delaware

SEI Financial Services Limited Canada (Federal)

SEI Capital Limited Canada (Federal)

Rembrandt Financial Services Company Pennsylvania

SEI Developments, Inc. Delaware

SEI Software Corporation Delaware

SEI Trust Company Pennsylvania

SEI Funds, Inc. Delaware

SEI Investments, Inc. Delaware

SEI Global Investments Corporation Delaware

SEI Capital AG Switzerland

Primus Capital Advisors Inc. Canada (Federal)

SEI Advanced Capital Management, Inc. Delaware

SEI Global Capital Investments, Inc. Delaware

SEI Global Management (Cayman) Inc. Cayman Islands, B.W.I.

SEI Global Asset Management Limited Ireland

Fund Resources International Limited Ireland

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