NOTICE REGARDING LACK OF CONSENT OF ARTHUR ANDERSON LLP

EXHIBIT 23.2
NOTICE REGARDING LACK OF CONSENT OF ARTHUR ANDERSEN LLP


EXHIBIT 23.2

NOTICE REGARDING LACK OF CONSENT OF ARTHUR ANDERSEN LLP

Section 11(a) of the Securities Act of 1933 (the "Securities Act") provides that
any person acquiring a security pursuant to a registration statement may assert
a claim against every accountant who has with its consent been named as having
prepared or certified any part of the registration statement, or as having
prepared or certified any report or valuation that is used in connection with
the registration statement, if that part of the registration statement at the
time it becomes effective contains an untrue statement of a material fact, or
omits a material fact required to be stated therein or necessary to make the
statements therein not misleading (unless it is proved that at the time of such
acquisition such person knew of such untruth or omission).

The Form 10-K to which this notice is filed as an exhibit is incorporated by
reference into the following registration statements on Form S-8 (the
"Registration Statements") filed by SEI Investments Company (the "Company") with
the Securities and Exchange Commission ("SEC"), and, for purposes of determining
any liability under the Securities Act, is deemed to be a new registration
statement for the Registration Statements into which it is incorporated by
reference:

File No's. 2-73997, 2-75629, 2-78133, 2-80841, 2-89659, 33-19952, 33-24595,
33-41602, 333-41343, and 333-63709.

On June 14, 2002, at the direction of the Board of Directors of the Company,
acting upon the recommendation of the Audit Committee, the Company dismissed
Arthur Anderson LLP ("Arthur Andersen") as its independent auditors, effective
immediately, and engaged PricewaterhouseCoopers LLP ("PwC") to serve as its
independent auditors for the fiscal year ending December 31, 2002. For
additional information, see the Company's Current Report on Form 8-K filed with
the SEC on June 18, 2002. The Company has been unable to obtain Arthur
Andersen's written consent to the incorporation by reference into the
Registration Statements of Arthur Andersen's audit report with respect to the
Company's consolidated financial statements as of December 31, 2001, and
December 31, 2000, and for the fiscal years then ended. Under these
circumstances, Rule 437a under the Securities Act permits the Company to file
this Annual Report on Form 10-K without a written consent from Arthur Andersen.
As a result, however, Arthur Andersen will not have any liability under Section
11(a) of the Securities Act for any untrue statements of a material fact
contained in the financial statements audited by Arthur Andersen or any
omissions of a material fact required to be stated therein. Accordingly, you
would be unable to assert a claim against Arthur Andersen under Section 11(a) of
the Securities Act for any purchases of the Company's securities pursuant to the
Registration Statements made on or after the date of this Annual Report on Form
10-K. To the extent provided in Section 11(b)(3)(C) of the Securities Act,
however, other persons who are liable under Section 11(a) of the Securities Act,
including the Company's officers and directors, may still rely on Arthur
Andersen's original audit reports as being made by an expert for purposes of
establishing a due diligence defense under Section 11(b) of the Securities Act.