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Today's conference call may include forward-looking statements, including statements regarding Lennar's business, financial condition, results of operations, cash flows, strategies and prospects. Secondly, and simultaneously, we continue to migrate our operating platform to an asset like configuration.
Two additional key performance indicators that management will be discussing on this call are net asset value or NAV and return on equity or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. We've also continued to produce favorable results in our asset management business.
When you include your fees and feestructure clearly on your website, it can often save a phone call or initial meeting to see if a client can afford the services. TCP Asset Management TCP Asset Management is led by four partners. They ask some questions such as, “What is your investment philosophy?”
This could cause a prospect to never even book the introductory call. Time Savings: Providing a clear feestructure allows visitors to your website to self-qualify, saving time on your end by providing more calls from prospects who are better prepared to pay for your services.
trillion in money market assets should gravitate toward longer-duration fixed income. In addition, agency MBS is highly attractive relative to other fixed-income alternatives, particularly corporates, as MBS nominal spreads are well above historical averages, while competing assets are trading at the tighter end of their historical averages.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. We've also continued to produce attractive results in our asset management business.
As a financial advisor, engaging in fee conversations with prospective clients can be challenging—and sometimes downright awkward! To overcome the fee hurdle, it is essential to redirect these conversations toward the value propositions you offer. Use personalized language that addresses your prospect’s specific pain point.
Fee-only vs. fee-based. But… Fee for service (and only fee for service) is a haven where the sales agenda mimicry cannot follow. No longer will ‘asset gatherers’ and salespeople in the brokerage world be able to wear the sheep’s wool of the real professionals. Fiduciary vs. ‘best interest.’.
We remain focused on the integration efforts following the acquisition of Magellan last year, our management team has spent the past several months meeting with employees and visiting assets across all of our operations. And whether or not it's approximate to our assets or we serve quite a few utilities. Please go ahead.
Discuss their feestructure and assess their ability to handle complex transactions. Pay attention to their communication skills, particularly how they’d navigate difficult conversations with prospective buyers. Evaluate LOIs and Execute the Preferred Offer As serious buyers emerge, they’ll submit Letters of Intent (LOIs).
In addition to Home Point, we closed the acquisition of Roosevelt Management, which provides us the professional team in the RA infrastructure for our asset management strategy. Finally, I'd like to update you on our deferred tax asset, which declined by 158 million this quarter and now totals 499 million.
Lastly, review their fees and contract terms. Are they transparent about their feestructure? Business brokers might also handle transactions related to specific assets of a business or its intellectual property. Are they responsive and proactive in their communications?
SureTech and asset management, newer and smaller businesses, are also gaining traction as these products scale, and we improved the experience and product offering to our consumers. And then, when looking at the quarter, we see about an 80 basis-point increase for shipping fees within the take rate. Curious what's driving that?
We can help formulate acquisition strategies, identify prospective acquisition targets, initiate contact, assist in negotiating terms of an acquisition, and help obtain acquisition financing when necessary.” At ABI, we start every review of a prospective sale engagement from a buyer’s perspective.
Using these products, talent can signal to prospective clients that they are ready to start a project immediately, boost proposals to secure work, and promote their profiles at the top of a client's search results when a client is searching for talent. However, we're not contemplating changes to our feestructure right now.
Selling a business is a long and complex process, and the fees vary considerably depending on the size and type of business you run and the broker’s feestructure. Still, knowing some industry averages and the breakdown of the types of fees you’ll see can be helpful. Success fees are generally higher for smaller deals.
During today's call, we will make forward-looking statements related to our business plans and strategy, developments in the grocery industry, and our future performance and prospects, including our expectations regarding financial results and share repurchases. We finished 2024 with cash and similar assets of $1.5
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