Corporate Valuation, Investment Management

December 17, 2018

‘Twas the Blog Before Christmas…

Mercer Capital RIA Holiday Quiz

‘Twas the blog before Christmas and throughout our staff Analysts were separating wheat from the chaff

We listened to Cramer (who sounds so serene) While gigabytes of spreadsheets danced on our screens

With equities swooning and bitcoin’s collapse Recovering hedgies are risking relapse

And wealth managers nestled at home with a beer In hopes that a Santa-rally soon would appear

As midtown Manhattan glistened with snow You could almost forget fees had fallen so low

But regardless of struggles, this is still a great biz So enjoy your Christmas with our RIA quiz!

Merry Christmas! We will be back in January.

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Not All AUM Is Created Equal
Not All AUM Is Created Equal

Why Product Mix Matters in Investment Manager Valuation

Investment manager valuation depends on more than headline AUM. Fee rates, revenue durability, product-level growth, margins, and operating leverage all influence the quality of an asset base and the cash flows it can generate.
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Changing Drivers
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