Performance Fees Stock Exchanges Taxes 
The Motley Fool
FEBRUARY 19, 2024
A family office may offer financial planning, investment management, tax expertise, and charitable giving opportunities. They also charge high fees, including an annual asset management fee equal to 1% to 2% of the amount you've invested and a 20% performance fee of the hedge fund's profit.
The Motley Fool
OCTOBER 11, 2024
increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46 to 1 full basis point.
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The Big Picture
OCTOBER 17, 2023
And they also have a unique approach to feeds when they’re generating alpha, when they’re outperforming their benchmark, they take a performance fee. And when they’re not generating alpha, when they’re underperforming, they actually return fees. 00:24:31 [Speaker Changed] We refund the fee.
Pension Pulse
MAY 24, 2023
Management fees increased by $165 million, due to an increase in average assets managed by external fund managers. Performance fees decreased by $621 million driven by fewer realization events in the private equity portfolio given the low transaction activity through the year, partially offset by strong performance of hedge funds.
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%.
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