The Motley Fool

APRIL 12, 2024

Total annualized organic base fee growth of 1% reflected seasonally softer flows earlier in the quarter before coming back to target in March. billion increased 11% year over year, driven by the impact of market appreciation over the last 12 months on average AUM and higher performance fees and technology services revenue.

Performance Fees 130

Performance Fees Assets Shareholders Leveraging 130

The Motley Fool

JANUARY 12, 2024

billion was 7% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. Our as-adjusted tax rate for the fourth quarter was approximately 24%, driven, in part, by discrete items. Fourth quarter base fees and securities lending revenue of 3.6 Operating income of 6.6

Assets 130

Assets Shareholders Asset Management Capital 130

The Big Picture

FEBRUARY 28, 2023

I was talking to one of our founders, he said, look, a lot of people think we’re in Zug for tax reasons. RITHOLTZ: And are there that much tax advantages to be in Switzerland if you’re operating throughout Europe? But we know what our future liabilities are, and we can ladder that out. Set up a shop over there.

Assets 59

Assets Due Diligence Private Equity Firms Private Equity Firms 59

The Motley Fool

FEBRUARY 4, 2025

billion, and cash taxes to be $100 million to $200 million in 2025, given a prepayment in 2024. Is that revenue largely recurring, or were there one-time delivery or performance fees lumped in there? Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Debt 130

Debt Assets Leveraging Shareholders 130

The Motley Fool

JULY 15, 2024

billion was 8% higher year over year, driven by positive organic base fee growth and the impact of market movements on average AUM over the last 12 months. Higher performance fees and technology services revenue also contributed to revenue growth. Our as-adjusted tax rate for the second quarter was approximately 24%.

Assets 130

Assets Liabilities Leveraging Asset Management 130

The Motley Fool

JANUARY 15, 2025

billion was 23% higher year over year, driven by the impact of higher markets on average AUM and higher performance fees. EPS also reflected a lower tax rate partially offset by lower nonoperating income and a higher share count in the current quarter. Fourth-quarter base fees and securities lending revenue of 4.4

Assets 130

Assets Shareholders Capital Asset Management 130

The Motley Fool

JANUARY 15, 2025

billion, with pre-tax margin of 35%. billion was up 13% year on year, predominantly driven by growth in management fees on higher average market levels and strong net inflows, as well as higher performance fees. Then to complete our lines of business, asset and wealth management on Page 7. AWM reported net income of 1.5

Banks 243

Banks Investment Banks Investment Banking Capital 243

The Motley Fool

OCTOBER 29, 2024

And -- we delivered another strong quarter with pre-tax income, excluding mark-to-market on the owned MSR portfolio of approximately $246 million, which is an increase of 8% quarter over quarter and delivering a 24% return on equity. Baron Silverstein -- President, NewRez Thank you, Michael. Good morning. I'm going to start on Slide 16.

Capital 130

Capital Asset Management Assets Performance Fees 130

The Motley Fool

JULY 18, 2024

Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. And then if you could just remind us of what the -- what you think the comp ratio overall on core plus is maybe that's kind of the by product. And so I think we will see more competitors move into the space.

Assets 130

Assets Financing Finance Management Fees 130