RESOLUTIONS OF THE BOARD

Exhibit 10.3.1

RESOLUTIONS OF THE
BOARD OF DIRECTORS OF
SEI INVESTMENTS COMPANY

RESOLVED, that the Stock Purchase Plan shall be amended effective October
15, 1997, except to the extent an earlier or later effective date is specified,
to reflect the following:

Addition of Lump Sum Stock Purchases. Participants may purchase Common
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Stock under the Stock Purchase Plan with a lump sum payment, in addition to
purchases through payroll deductions;

Change in Names. The change in the name of the Company from SEI Corporation
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to SEI Investments Company, and the corresponding change in the name of the
Stock Purchase Plan to the SEI Investments Employee Stock Purchase Plan;

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