Manning and Napier Inc (N:MN)

Business Focus: Investment Management

Sector:  Financials Industry:  Investment Management & Fund Operators
 
See Regulatory Filings on SEC
Company Contact
Address: 290 Woodcliff Dr
FAIRPORT NY 14450-4212
Tel: N/A
Website: www.manningnapier.com
IR: See website
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Key People
William Manning
Chairman of the Board
Marc O. Mayer
Chief Executive Officer
Paul John Battaglia
Chief Financial Officer
Christopher Pickett Briley
Chief Technology Officer
Marc D. Tommasi
Chief Investment Strategist
Christian Andreach
Co-Head of Global Equities
Ebrahim Busheri
Director - Investments
   
Business Overview
Manning & Napier, Inc. is an independent investment management company. The Company operates through investment management industry segment. It provides a range of investment solutions through separately managed accounts, mutual funds and collective investment trust funds, as well as a range of consultative services. It offers equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. It serves a client base of high net worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans (Taft-Hartley), endowments and foundations. It offers its investment management capabilities through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms and institutional investment consultants. Its investment management offerings include approximately 40 separate account composites, and over 60 mutual funds and collective investment trusts.
Financial Overview
For the three months ended 31 March 2019, Manning and Napier Inc revenues decreased 15% to $35.7M. Net income applicable to common stockholders decreased 51% to $566K. Revenues reflect Separately managed accounts decrease of 15% to $21.5M, Mutual funds and collective investment t decrease of 25% to $8.2M, Distribution and shareholder servicing decrease of 17% to $2.6M.
Employees: 433 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $153.58M as of Jun 30, 2019
EBITDA (TTM): $18.72M as of Jun 30, 2019
Net annual income (TTM): $2.53M as of Jun 30, 2019
Free cash flow (TTM): $13.49M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 15,645,595 as of May 7, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization