The Motley Fool

FEBRUARY 23, 2024

We also benefited from significant fair value appreciation in the value of the external investment manager due to a combination of increased fee income, growth in assets under management, and broader market-based drivers. There are currently tax rules that sunset in '25.

Capital 130

Capital Securities and Exchange Commission (SEC) Asset Management Leveraging 130

The Motley Fool

AUGUST 3, 2023

During this call, certain comments and statements we make may be deemed forward-looking statements within the meaning prescribed by the securities laws, including statements related to the future performance of our portfolio, our pipeline of potential acquisitions and other investments, future dividends and financing activities. Good morning.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Asset Management Capital 130

ClearMoney

SEPTEMBER 24, 2021

We’ve learned a lot about investing over the past 60 years, a period that has seen many breakthroughs in the world of finance. French, “Luck versus Skill in the Cross-Section of Mutual Fund Returns,” Journal of Finance 65, no. The following is provided by Dimensional Fund Advisors. 5 (2010): 1915–1947. In US dollars. DISCLOSURES.

Mutual Funds 52

Mutual Funds Investing Taxes Stock Market 52

ClearMoney

MARCH 1, 2022

Similarly, evolution in finance has etched away the apparent cut-and-dried distinction between active and passive investing. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. 1 Nowadays, that distinction has dissolved. Please read the prospectus before investing.

Mutual Funds 52

Mutual Funds Exchange-Traded Funds Education Assets 52

The Motley Fool

JANUARY 21, 2024

The early winners, by the numbers ETF Name and Ticker Net Asset Value (NAV) Average Daily Volume (number of shares) Annual Management Fees Grayscale Bitcoin Trust $25.2 million 1.5% (No introductory fee waiver) iShares Bitcoin Trust (NASDAQ: IBIT) $698 million 22.4 Finance, and each fund's online home page.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Mutual Funds Management Fees Exchange-Traded Funds 130

ClearMoney

NOVEMBER 4, 2021

Rigorous research combined with decades of systematic investing expertise help inform portfolio design and management by identifying efficient uses for the many sources of information about expected returns. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.

Mutual Funds 52

Mutual Funds Assets Banks Accounting 52

The Motley Fool

MAY 28, 2024

Motley Fool host Alison Southwick and personal finance expert Robert Brokamp answer listener questions about 403(b) accounts and saving for college. When I retire in three years, can I transfer the Roth 401(k) to a money market or high yield savings account with no penalties or taxes? Got a question for the show?

Taxes 130

Taxes Accounting Education Shareholders 130

The Motley Fool

JANUARY 12, 2024

billion after tax, or $0.70 billion after tax, which includes $2.8 billion after tax for notable Quarter 4 items. billion after tax. Adjusted full year revenue grew 5% on a back of 9% NII improvement and strong asset management fees and sales and trading results. billion of pre-tax expense.

Banks 130

Banks Taxes Accounting Assets 130

The Motley Fool

MAY 2, 2024

We reported another strong quarter of results for Blue Owl this morning with 12 straight quarters in consecutive management fee and FRE growth since we've been a public company. In direct lending, for instance, we provide financing solutions to sponsors for their portfolio companies. Thank you very much, Ann.

Capital 130

Capital Asset Management Assets Management Fees 130

The Motley Fool

FEBRUARY 9, 2024

We finished 2023 on a strong note with another consecutive quarter of management fee and FRE growth, 11 for 11 since we've been a public company, against a market backdrop that has been exceptionally volatile and uncertain. Management fees were up 26%, and 92% of these management fees are from permanent capital vehicles.

Capital 130

Capital Stakes Securities and Exchange Commission (SEC) Management Fees 130

The Motley Fool

JULY 12, 2024

billion or 21%, largely driven by higher investment banking revenue and asset management fees. Asset and wealth management reported net income of 1.3 billion, with pre-tax margin of 32%. Importantly, a lot of the activity is refinancing activity, as opposed to, for example, acquisition finance. billion or 56%.

Banks 130

Banks Capital Assets Finance 130

The Motley Fool

MAY 7, 2024

Alison Southwick: There comes a time and everyone's life when they need a little help and your finances are no different. Maybe you've heard bro over the years say stuff like, I'm Robert Brokamp, if you've had a major life event, it might make sense for you to talk to a professional fee-only advisor. How about you break it down for us?

Accounting 245

Accounting Shareholders Finance Financing 245

The Motley Fool

APRIL 29, 2024

As an operating business, we are able to use cash flows, as well as proceeds from equity and debt financing, to accumulate bitcoin, which serves as our primary treasury reserve asset. Debt financing. Bitcoin ETPs also benefit from this, offset by the management fees that are charged for those products. Equity issuances.

Leveraging 246

Leveraging Debt Assets Capital 246

Pension Pulse

FEBRUARY 12, 2024

An expansion of the CPP would transfer these risks from individual workers to the government, which is much better placed to manage them, as it can pool risks across all Canadian workers and across generations of workers. Claude Lavoie was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023.

Taxes 59

Taxes Amortization Finance Financing 59

Sara Grillo

APRIL 11, 2022

These services often include recommendations on investments, financial planning, retirement, Social Security, Medicare, tax planning, and other wealth-related topics. An hourly financial advisor is someone who provides financial advisor for a set hourly rate. Hourly financial advisors are not common. Jon Luskin. Rick Ferri.

Portfolios 52

Portfolios Investors Consulting Consultants 52

The Motley Fool

FEBRUARY 7, 2024

As a 27-year veteran of Prudential, Yanela is a seasoned executive who brings a deep understanding of our business and industry as well as significant finance, operations, and leadership experience. Our pre-tax adjusted operating income was $5.5 As noted, pre-tax adjusted operating income in the fourth quarter was $1.3

Capital 130

Capital Mergers and Acquisitions Assets Liabilities 130

The Motley Fool

JULY 12, 2024

I will also note that our second-quarter effective income tax rate reflected the impact of the first-quarter adoption of the new accounting standard for renewable energy tax credit investments, which increased our effective tax rate by approximately 3 percentage points versus a year ago.

Banks 130

Banks Assets Investment Banking Investment Banks 130

The Motley Fool

FEBRUARY 6, 2024

As an operating business, we're able to use cash flows, as well as proceeds, from equity and debt financings to accumulate Bitcoin, which serve as our primary treasury reserve asset. And three, debt financing. Bitcoin ETPs also benefit from this, offset, of course, by the management fees that are charged for those products.

Leveraging 130

Leveraging Assets Debt Shareholders 130

The Motley Fool

MAY 1, 2024

These flows reinforce the benefits of our large and strategic global client relationships and the power of our mutually reinforcing business system to grow our asset management fees. Our pre-tax adjusted operating income was $1.5 per share on an after-tax basis, up 16% from the year ago quarter. on an after-tax basis.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Liabilities Assets Capital 130

The Motley Fool

FEBRUARY 15, 2024

Revenues benefited from a stronger gain on sale margin compared to the same quarter last year due to the mix of transaction activity that was weighted more heavily toward agency financing volume this quarter. And as a result, investment management revenues were down quarter over quarter. Note that we aren't cherry-picking here.

Debt 100

Debt Capital Assets Banks 100

The Motley Fool

APRIL 12, 2024

This quarter's higher RWA is largely due to seasonal effects, including higher client activity in Markets and higher risk weights on deferred tax assets, partially offset by lower Card loans. Asset & Wealth Management reported net income of $1 billion with pre-tax margin of 28%. above the effective tax rate.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Banks Capital Investment Banking 130

The Motley Fool

FEBRUARY 2, 2024

Our finance, accounting, legal, and real estate investment teams have had a busy year-end and beginning of 2024, closing over $1.2 yield after management fees and actual capex and generated a 10.6% And then maybe on the real estate tax guide. So, the property tax number that we have in our guidance is 3%.

Debt 130

Debt Taxes Capital Assets 130

The Motley Fool

MARCH 20, 2024

Fintech services revenues sustained a teens year-on-year growth rate on increased commercial payment volume, wealth management fees, and consumer loan fees. Business services gross profit more than quadrupled year on year due to those technology service fees, as well as supply chain optimization initiatives.

Accounting 246

Accounting Shareholders Financial Institutions Leveraging 246

Pension Pulse

MAY 22, 2024

Managing CPP Investments Costs Discipline in cost management is a main thrust of our public accountability as we continue to build an internationally competitive enterprise that seeks to create enduring value for multiple generations of beneficiaries of the CPP. To generate $46.4 Our operating expense ratio was 27.5 bps in fiscal 2023.

Investing 59

Investing Pension Funds Stakes Assets 59

The Motley Fool

MAY 2, 2024

At the end of March, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7 billion. Net unrealized investment losses and other comprehensive loss in the first quarter of 2024 were $123 million net of taxes compared to net unrealized investment gains of $164 million net of taxes in the same period last year.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

Pension Pulse

JULY 18, 2023

It focuses on leading the global investment industry to continuous improvement through case studies of best practice in governance and decision making, portfolio construction and efficient portfolio management, fees and costs, and sustainable investing. Costs matter, and they should be understood, managed, and disclosed.

Pension Funds 52

Pension Funds Funds Banks Assets 52

The Motley Fool

MAY 14, 2024

Finance costs were 2.8 Income tax expense rose by 24% year on year to 14.1 billion renminbi, primarily driven by operating profit growth and higher provision for withholding tax. In terms of wealth management services, I think it will continue to grow for the reasons that I talked about earlier. Operating profit was 32.6

Accounting 130

Accounting Business Services Portfolios Shareholders 130

The Motley Fool

JANUARY 12, 2024

Asset and wealth management reported net income of 925 million with pre-tax margin of 28%. billion was up 2% year on year driven by higher management fees on strong net inflows and higher average market levels, predominantly offset by lower NII. And then to complete our lines of business, AWM on Page 8. Revenue of 4.7

Banks 130

Banks Capital Assets Investment Banking 130

Pension Pulse

MAY 24, 2023

Graham said he believes interim targets create an incentive to sell off investments in high-emitting businesses (which will likely be financed by someone else, he said), rather than spending the money it takes to reduce emissions. Page 27 of the Fiscal 2023 Annual Report provides a discussion of how we manage our costs.

Investing 52

Investing Stakes Assets Pension Funds 52

The Big Picture

MARCH 27, 2023

How did you end up in finance? Because a lot of the Stanford MBA graduates tend to find their way into technology, not finance. Well, by the time I got to Stanford, I pretty much knew I wanted to be in finance, but where I started was at Lehman Brothers in New York before Stanford, and that was serendipity really.

Hedge Funds 112

Hedge Funds Funds Assets Finance 112

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Review of Finance 22, no. Blanchard, Olivier Jean.

Debt 52

Debt Returns Mutual Funds Capital 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. Review of Finance 22, no. 5Reuters (2011). Crowding Out.”

Debt 52

Debt Mutual Funds Capital Assets 52

The Motley Fool

JULY 16, 2024

billion after tax or $0.83 Fees grew 6% year over year and represented 46% of total revenue in the quarter. Our strong fee performance was led by a 14% improvement in asset management fees in our wealth management businesses. We have a lot of customers who pay a lot of taxes in that quarter.

Banks 130

Banks Assets Taxes Capital 130

The Motley Fool

AUGUST 1, 2024

As an operating business, we're able to use cash flows, as well as proceeds from equity and debt financings to accumulate Bitcoin, which serves as our primary treasury reserve asset. billion in equity in a manner that we believe to be accretive to existing shareholders; and debt financing, we had $3.8 in Q1, and 3.7%

Debt 246

Debt Leveraging Capital Shareholders 246

The Motley Fool

AUGUST 3, 2023

We also want to note the green shoots that we are seeing in the industry with the ongoing potential for passage of the SAFE Banking Act, state-level momentum for additional programs and tax relief and unit price stabilization trends we are seeing in certain markets, which Paul will spend more time discussing.

Debt 189

Debt Capital Legal Portfolios 189

The Motley Fool

JANUARY 12, 2024

Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. We currently estimate that 25% is a reasonable projected tax run rate for 2024, though the actual effective tax rate may differ because of nonrecurring or discrete items or potential changes in tax legislation.

Assets 130

Assets Shareholders Capital Asset Management 130

The Motley Fool

NOVEMBER 9, 2023

Our financing and sales pipelines were robust entering the quarter, and we were optimistic the transaction volumes were recovering, off dramatically lower volumes in Q1 and Q2. We are focused on and must capitalize on our brand and scale as financing and sales volumes return over the coming years.

Asset Management 100

Asset Management Deal Flow Assets Finance 100