SUBSIDIARIES OF THE REGISTRANT

EXHIBIT 21

SUBSIDIARIES OF THE REGISTRANT
------------------------------

JURISDICTION OF ORGANIZATION
NAME OR INCORPORATION
---- ----------------
SEI Investments Distribution Company Pennsylvania
SEI Investments Management Corporation Delaware
SEI, Inc. Canada (Federal)
SEI Capital Limited Canada (Federal)
Rembrandt Financial Services Company Pennsylvania
SEI Developments, Inc. Delaware
SEI Fund Resources Delaware
SEI Fund Management 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 Company 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
SEI Investments Argentina, S.A. Argentina
SEI Global Holdings (Cayman) Inc. Cayman Islands, B.W.I.
Latinvest Sociedad de Bolsa, S.A. Argentina
Quadrum, S.A. Argentina


105