SEI Adds New Nonprofit Director to Support Continued Growth in Investment Outsourcing Business

Mary Jane Bobyock Joins SEI From Russell Investments

OAKS, PA -- (Marketwire) -- 06/06/12 -- SEI (NASDAQ: SEIC) today announced the appointment of Mary Jane Bobyock, CFA, as Director of Nonprofit Advisory Services for SEI's Institutional Group. Mary Jane will oversee investment strategy development and advice for SEI's nonprofit and endowment clients. SEI currently provides outsourced fiduciary management services to over 130 nonprofit clients worldwide.

With more than 26 years in the industry, Mary Jane brings considerable experience providing investment advice to institutional nonprofit clients. In her new role within the Institutional Group's advisory services team, she will lead the strategic development of investment policy statements, spending policies, portfolio construction, and reporting best practices. She will also monitor the efficacy of investment solutions in meeting client goals and develop key recommendations for enhancement.

Prior to joining SEI, Mary Jane spent five years at Russell Investments as a senior client executive, where she provided advisory and investment management services to nonprofit clients. Prior to that, she spent 17 years at Miller, Anderson & Sherrerd, which was acquired during that time by Morgan Stanley Investment Management. Mary Jane served most recently as vice president for Morgan Stanley's Institutional Client Coverage Group.

"SEI continues to see increased adoption of our outsourced fiduciary management solution by nonprofits and endowments," said Al Pierce, Managing Director, Solutions Advisory Team, href="http://ctt.marketwire.com/?release=895735id=1683487type=1url=http%3a%2f%2fwww.seic.com%2fenUS%2finstitutional-investors.htm%3fcmpid%3dpr-612-mjhire-gig">SEIs Institutional Group

Released June 6, 2012