The Impact of the 2017 Tax Cuts & Jobs Act on the Investment Management Industry

The tax bill is a blockbuster for the investment management industry. Taken as a whole, the tax bill has already been especially beneficial to the RIA sector, as lower corporate tax rates have had a positive impact on equity markets, boosting AUM and earnings, which are now taxed at lower rates.

In this special whitepaper, the investment management industry team at Mercer Capital discusses specific implications of the new tax law. Topics covered include:

  • The tax bill has made investment management firms worth more
  • The tax bill has less of an impact on tax pass-through entities
  • Your RIA’s shareholder agreement probably needs to be revised
  • The tax bill may have a mixed impact on asset manager M&A