SEI Investments Co. 's SEIC first-quarter 2018 earnings of 86 cents per share surpassed the Zacks Consensus Estimate of 77 cents. Also, the figure compared favorably with the prior-year quarter earnings of 55 cents. An increase in total revenues, partly offset by higher operating expenses, aided the company's results during the reported quarter. Moreover, growth in assets under management (AUM) remained strong. Net income for the quarter was $139.8 million, increasing 57.6% from the year-ago period. Revenues and AUM Improve, Expenses Rise Total revenues for the quarter were $405.6 million, increasing 12.7% year over year. The rise reflected an increase in asset management, administration and distribution fees as well as information processing and software servicing fees. Total expenses during the quarter were $289.3 million, increasing 8.6% year over year.