The Motley Fool

OCTOBER 31, 2024

At the end of September, the fair value of our equity portfolio included cumulative pre-tax unrealized gains of $7.8 Net unrealized investment gains included in other comprehensive income in the first nine months of 2024 were $283 million net of taxes, compared to net unrealized investment losses of $135 million net of taxes last year.

Liabilities 130

Liabilities Performance Fees Capital Portfolios 130

The Motley Fool

FEBRUARY 27, 2024

Of course, there are significant benefits to this, the most important of which, from our perspective, is the potential lifting of the confiscatory 280e federal taxes imposed on regulated cannabis operators, and Paul will discuss our thoughts in more detail. Moving on to rent collection.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

AUGUST 2, 2024

Our pre-tax adjusted operating income was $1.6 per share on an after-tax basis, up 10% from the year-ago quarter and 12.5% Higher spread and fee income was the result of continued strong sales and the benefit of higher interest rates and equity markets. Additionally, expenses were lower and include a reduction in legal reserves.

Assets 130

Assets Liabilities Capital Collateral 130

The Motley Fool

OCTOBER 15, 2024

billion in net income after tax. So going back to Slide 9, regarding NII on a GAAP, non-FTE basis, NII in Q3 was $14 billion and on a fully tax equivalent basis, NII was $14.1 billion or more on a fully tax equivalent basis. The decline in expense was driven by reduced costs of a liquidating business and lower legal expense.

Banks 130

Banks Leveraging Assets Capital 130

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. billion were down 4% year on year predominantly driven by lower legal expense. Our managed rate is unchanged, and it should average about 3.5%

Securities and Exchange Commission (SEC) 130

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

The Motley Fool

JULY 14, 2023

billion, or 8% year on year, primarily driven by higher compensation expense, including wage inflation and higher legal expense. In banking and wealth management, revenue was up 59% year on year, driven by higher NII on higher rates. Asset and wealth management reported a net income of 1.1 billion, with pre-tax margin of 32%.

Banks 130

Banks Liabilities Capital Assets 130

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

The Motley Fool

OCTOBER 11, 2024

billion were up $808 million or 4% year on year, driven by compensation including revenue-related compensation and growth in employees, partially offset by lower legal expense. billion, up 9% year on year largely driven by fee growth on higher market levels and volumes. Asset and wealth management reported net income of $1.4

Banks 130

Banks Assets Capital Mergers and Acquisitions 130

The Motley Fool

JULY 12, 2024

billion or 21%, largely driven by higher investment banking revenue and asset management fees. billion were up 12% year on year, largely driven by higher revenue-related compensation, legal expense, and volume-related noncompensation expense. Asset and wealth management reported net income of 1.3 NIR ex markets was up 7.3

Banks 130

Banks Capital Finance Financing 130

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 Consultants Consulting 52

The Motley Fool

SEPTEMBER 5, 2023

Only a small portion of its network still uses these cables, and it would likely take the legal system years to establish financial culpability, if any exists. Without federal reform, multi-state operators (MSOs) have been entirely reliant on legalizations in individual states to expand. To build on the above point, a whopping 99.9%

Legal 246

Legal Liabilities Exchange-Traded Funds Management Fees 246

The Motley Fool

MAY 1, 2024

General and administrative expenses were $63 million, up 15% over the first quarter of 2023, primarily due to increased transaction volume, an effort to improve our NPS, coupled with higher severance and legal expenses. The net of tax impact on earnings of the provision is $11.4 Our GAAP net loss for this quarter was $15.6

Accounting 130

Accounting Liabilities Legal Leveraging 130

The Motley Fool

FEBRUARY 22, 2024

The decline in net income year over year was primarily due to Virbela impairment charges, increased agent growth incentive stock compensation and a higher effective tax rate. So, there's definitely what we call risk management. So, there's some risk management fees because just our legal costs are going up significantly.

Legal 100

Legal Management Fees Leveraging Accounting 100

The Big Picture

MARCH 27, 2023

And all these formally high performers are now just so big, they’re very happy collecting the management fee and the performance fee matters less. And you go through what the endowment is invested in, and there are a few sites that do this because they have to do tax filings. So it’s all available.

Hedge Funds 114

Hedge Funds Funds Assets Finance 114

The Motley Fool

SEPTEMBER 25, 2024

Your email, and they're building those lists to attempt to get those bookings around there because Airbnb will talk about who's paying the fees or whatever. But I think that obviously it's a big tax to go through them. Scott Trench: Well, the property management fee is going to be 30%. LAUGHTER] Because why not?

Investors 244

Investors Taxes Debt Legal 244

Pension Pulse

MAY 24, 2023

Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Other categories affecting our total cost profile include taxes and expenses associated with various forms of leverage. Our operating expense ratio was 28.6 bps and up marginally from 27.1 and the U.S.

Investing 52

Investing Stakes Pension Funds Assets 52

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 Legal Capital Portfolios 189

The Motley Fool

JANUARY 15, 2025

Excluding the prior year's net investment securities losses, it was up 21%, largely on higher asset management fees and investment banking fees. billion, up 10% year on year, driven by fee growth on higher client activity and market levels, as well as higher deposit balances. billion, with pre-tax margin of 35%.

Banks 243

Banks Investment Banks Investment Banking Capital 243

The Motley Fool

AUGUST 1, 2024

Our strategy of acquiring Bitcoin in a manner we believe to be accretive to shareholders, thereby achieving Bitcoin yield, sets us apart from institutional Bitcoin investment options that charge a management fee, and we therefore achieve a negative Bitcoin yield as we measure it.

Debt 246

Debt Leveraging Shareholders Capital 246

The Motley Fool

NOVEMBER 7, 2024

Looking at state voting results, four states had cannabis legalization matters on their ballots in the election cycle, including adult-use programs for Florida, South Dakota, and North Dakota and medical use for Nebraska. million of contractually due rent interest and property management fees that were not collected during the quarter.

Legal 244

Legal Debt Assets Banks 244

Pension Pulse

NOVEMBER 21, 2024

Horner appointed the province’s most senior public servant, Ray Gilmour, as AIMCo’s interim CEO – another move that raised questions about how arm’s-length the pension fund manager will be from government. AIMCo’s chief people, culture and engagement officer, chief legal officer and chief of staff were also dismissed on Nov.

Pension Funds 64

Pension Funds Finance Financing Consultants 64