Brown Advisory

SEPTEMBER 12, 2016

Diving Deep: Achieving Outperformance By Using Environmental Research achen Mon, 09/12/2016 - 10:22 ARM Holdings rose to dominance among makers of smartphone microprocessors by focusing on energy efficiency rather than pure computational power and speed. Finally this helps the company’s reputation outside the U.S., economy.

Food 52

Food Executive Compensation Portfolio Management Valuation 52

Brown Advisory

SEPTEMBER 12, 2016

Mon, 09/12/2016 - 10:22. On July 18, 2016, Softbank announced plans to buy the company at a 43% premium to the prior day’s closing price. Diving Deep: Achieving Outperformance By Using Environmental Research. Finally this helps the company’s reputation outside the U.S., where environmental practices help win business. economy.

Food 52

Food Executive Compensation Portfolio Management Valuation 52

Brown Advisory

JANUARY 17, 2024

It is calculated as NOPAT/IC; where NOPAT (net operating profit after tax) is (EBIT + Operating Leases Due 1-Yr)*(1-Cash Tax Rate) and IC (invested capital) is Total Debt + Total Equity + Total Unfunded Pension + (Operating Leases Due 1-Yr * 8) – Excess Cash. The Verification reports are available upon request.

Investments 52

Investments Investing Portfolio Accounting 52

Brown Advisory

AUGUST 14, 2023

At the margin, the factors can be a tailwind as experienced in 2017 and 2018 or a headwind as seen in 2016 and 2022, but when we look at attribution over the past three years in the chart below it shows over 100% of the strategy’s alpha came from individual investment selection or stock-picking as the factors combined were a net negative drag.

Investments 52

Investments Investing Portfolio Accounting 52

The Big Picture

FEBRUARY 28, 2023

And then in 2016, we were thinking a little bit more strategically about our business in the Americas, and I championed this project to open up a headquarters for the firm in Colorado and — RITHOLTZ: Away from Wall Street. I was talking to one of our founders, he said, look, a lot of people think we’re in Zug for tax reasons.

Clients 147

Clients Assets Investments Investing 147

The Big Picture

AUGUST 15, 2023

So for a taxable investor, hedge funds generally aren’t tax efficient. And when you look at the assets that are invested, the three trillion in hedge funds, I would guess that north of 90% of that are in institutions that don’t pay taxes. Let me say what your compliance wouldn’t allow you to say.

Management 130

Management Investments Investing Government 130

Brown Advisory

JANUARY 1, 2023

what are the taxes for?). We expect Moody’s Analytics with fast growing—typically subscription—products in compliance and ESG to become a larger value driver and increase the mix of recurring revenue. We funded this position by selling Otis’ peer, Schindler, an investment that we had in the portfolio since 2016.

Investments 52

Investments Investing Valuation Clients 52

The Big Picture

JANUARY 21, 2025

It was just a struggle from day one, particularly in the regulatory environment that is the securities business between lawyers and compliance people. 00:29:38 [Speaker Changed] So, humble Dollar was launched right at the end of 2016. So what do you discuss with your wife and kids about taxes? 00:21:46 Everything was a headache.

Investments 147

Investments Investing Management Retirement 147

The Big Picture

AUGUST 20, 2024

So any compliance people listening, I’m just spitballing here. And if I’m gonna run through that language and, and help explain it, the single biggest contributor to that research was actually a 2016 paper by Lace Peterson, an A QR brilliant individual who wrote a paper called Sharpening the Arithmetic of Active Management.

Assets 173

Assets Management Portfolio Taxes 173

The Big Picture

MARCH 27, 2023

Before that, 2016, the energy crisis, same. There are a ton of expenses, and they’re getting higher with compliance and marketing and reporting and investor relationship, et cetera. 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.

Assets 285

Assets Investments Investing Management 285

Brown Advisory

JUNE 12, 2017

Insurance operations in total contributed about 20% of Berkshire’s revenue in 2016, and about 6% of pretax income came from insurance underwriting profits. billion of investable float in 2016, which partially funds Berkshire’s $260 billion investment portfolio. More importantly, insurance contributed $91.5 annualized compared with 6.9%

Investments 52

Investments Investing Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

Insurance operations in total contributed about 20% of Berkshire’s revenue in 2016, and about 6% of pretax income came from insurance underwriting profits. billion of investable float in 2016, which partially funds Berkshire’s $260 billion investment portfolio. Corporate Tax Cut Potential to Benefit Berkshire.

Investments 52

Investments Investing Ethics Taxes 52

Wealth Management

JUNE 9, 2025

In fact, JP Morgan Managing Director Josh Forstater, previously of Vestwell, pushed back on the cause of new plan formation by state mandates, tax credits and PEPs, claiming fintechs have driven the growth. Barstein received his Bachelor of Arts Degree from Boston College and his Law Degree from Cardozo School of Law, Yeshiva University.

Wealth Management 137

Wealth Management Retirement Planning Assets 137

The Big Picture

SEPTEMBER 5, 2023

And even before the pandemic, we had changes in laws like the mansion tax, the rent law changed so that conversions of existing buildings are almost impossible. RITHOLTZ: More than that, double, and it’s no bargain in terms of real estate taxes. Florida real estate taxes are like New York real estate taxes.

Sales 130

Sales Numbers Taxes Marketing 130

The Big Picture

JANUARY 24, 2023

I mean, if we really stretched 10 times net income, I think if we find the hot buyer, we can get the 10 times, you know, with no adjustments, no trickery after tax net income, that would be a great price for most businesses. Do you target specific returns for different types of investment? We’re working with all sorts of people.

Investments 263

Investments Investing Numbers Banking 263

Sara Grillo

SEPTEMBER 26, 2022

Return of organization exempt from income tax [Form 990]. The idea centered on the concepts of simplicity, keeping total investment costs and taxes extremely low and developing a custom investment plan for each client using low-cost asset class and index funds. For advise on such matters, contact a legal or compliance advisor.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

Carson Wealth

MAY 19, 2025

What hasnt manifested yet are the opportunities we talked about in our 2025 Outlook , and the main one there was tax cuts (in addition to deregulation). How Big Will the Tax Bill Be? When I ask how big the tax bill will be, Im really talking about deficits. Lets talk about that.

Marketing 52

Marketing Marketing Taxes Economy 52

Carson Wealth

NOVEMBER 11, 2024

Many noted how the 2022 midterms came in much closer to expectations and that maybe this time so would the presidential election, but this is yet another election involving President Trump that saw his eventual numbers come in better than expected, similar to 2016 and 2020. gain was the best in exactly two years.

Marketing 95

Marketing Marketing Economy Numbers 95

The Big Picture

MAY 16, 2023

Um, case anybody that says anything, non-compliant, compliance tracks that also the watch list is just sort of fun. How do I go about protecting this giant pool of capital and how do I not get killed tax wise? LINDZON: They have their own tax problems. RITHOLTZ: Hey, you could get tax-free munis now. I have a car list.

Media 290

Media Investments Investing Valuation 290

Carson Wealth

APRIL 22, 2024

The big one is tax policy. The 2017 Tax Cuts and Jobs Act (under President Trump) had a slew of individual tax cuts that are all slated to sunset at the end of 2025. Renewing them all, as Trump has said he will do, means the deficit remains high (and he’s indicated even more tax cuts are possible). increases profits.

Marketing 96

Marketing Marketing Economy Government 96

Carson Wealth

SEPTEMBER 3, 2024

Here’s something former President Trump first proposed, and then Vice President Harris copied: making tips tax-free. For one thing, tipped workers don’t earn much and so their incomes aren’t taxed a lot anyway. Both Harris and Trump have suggested enhancing child tax credits (CTC).

Marketing 142

Marketing Marketing Taxes Economy 142

Carson Wealth

OCTOBER 21, 2024

If Congress does nothing, a lot of elements of the 2017 Tax Cut and Jobs Act (TCJA, which was signed into law by former President Trump) will expire on December 31, 2025. Washington, DC in 2025 is likely to be dominated by tax policy negotiations, which will get ever more feverish as the December deadline approaches.

Marketing 96

Marketing Marketing Taxes Economy 96