Company Quick10K Filing
Manning & Napier
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 78 $137
10-Q 2019-11-14 Quarter: 2019-09-30
10-Q 2019-08-13 Quarter: 2019-06-30
10-Q 2019-05-14 Quarter: 2019-03-31
10-K 2019-03-27 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-16 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-08 Quarter: 2017-06-30
10-Q 2017-05-09 Quarter: 2017-03-31
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-11-07 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-14 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-07 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-10 Quarter: 2014-09-30
10-Q 2014-08-07 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-14 Annual: 2013-12-31
10-Q 2013-11-12 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-K 2013-03-15 Annual: 2012-12-31
10-Q 2012-11-13 Quarter: 2012-09-30
10-Q 2012-08-13 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-28 Annual: 2011-12-31
8-K 2020-02-05 Earnings, Exhibits
8-K 2020-01-23 Other Events, Exhibits
8-K 2019-12-20 Impairments
8-K 2019-10-31 Earnings, Exhibits
8-K 2019-10-24 Other Events, Exhibits
8-K 2019-10-11
8-K 2019-07-30 Earnings, Exhibits
8-K 2019-07-25 Other Events, Exhibits
8-K 2019-06-28 Enter Agreement
8-K 2019-06-12 Shareholder Vote
8-K 2019-05-02 Enter Agreement, Exhibits
8-K 2019-04-30 Earnings, Exhibits
8-K 2019-04-25 Other Events, Exhibits
8-K 2019-04-22 Officers
8-K 2019-03-20 Other Events, Exhibits
8-K 2019-03-05 Other Events, Exhibits
8-K 2019-02-05 Earnings, Exhibits
8-K 2019-01-30 Officers, Other Events, Exhibits
8-K 2018-11-08 Officers
8-K 2018-10-30 Earnings, Exhibits
8-K 2018-10-23 Other Events, Exhibits
8-K 2018-09-24 Officers
8-K 2018-07-31 Earnings, Exhibits
8-K 2018-07-24 Other Events, Exhibits
8-K 2018-06-13 Shareholder Vote
8-K 2018-05-02 Earnings, Exhibits
8-K 2018-04-24 Other Events, Exhibits
8-K 2018-03-30 Enter Agreement, Exhibits
8-K 2018-03-26 Officers, Exhibits
8-K 2018-03-06 Other Events, Exhibits
8-K 2018-03-06 Officers, Regulation FD, Exhibits
8-K 2018-02-07 Earnings, Exhibits

Manning & Napier Financials

MN Metrics, Comps, Filings

Annual | Quarterly

Business

Manning & Napier, Inc. is an independent investment management firm that provides our clients with a broad range of financial solutions and investment strategies. Founded in 1970 and headquartered in Fairport, New York, we serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, platforms, endowments and foundations. Our investment strategies offer equity, fixed income and a range of blended asset portfolios by employing traditional and quantitative approaches.

Since our inception, our objective has been to create and develop deep client relationships, allowing us to understand our client's financial needs and objectives. Our goal is to provide comprehensive solutions, high-touch service, and attractive investment strategies in today's ever-changing financial marketplace.

Initially, this approach helped us build a client base of high-net-worth individuals, small business owners and middle market institutions using separately managed accounts, and we maintain these relationships in many targeted geographic regions. Over time, we were able to expand on this foundation with additional strategies and solutions, including the use of mutual funds and collective investment trusts to serve larger institutions, defined contribution plans, and unions as well as those clients that may utilize investment consultants or other intermediaries.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Virtus Investment Partners (VRTS) 880,398 0% 6.2 3% 3,066,698 2,342,524 561,482 0 80,459 150,034 935,224
Och-Ziff (OZM) 790,453 0% 17.4 1% 1,363,949 949,659 495,749 0 16,529 54,150 940,299
Pzena Investment (PZN) 621,898 0% 9.9 32% 166,943 75,731 114,833 0 54,221 59,422 587,084
Diamond Hill Investment Group (DHIL) 480,196 0% 4.8 18% 306,152 54,381 138,042 0 54,921 77,215 367,921
Westwood Holdings (WHG) 288,289 0% 9.9 7% 179,486 25,500 101,544 0 13,034 23,547 231,979
Value Line (VALU) 246,829 0% 14.3 12% 101,249 51,973 36,903 0 11,736 16,938 242,642
Manning & Napier (MN) 137,056 29% 5.2 5% 220,560 71,830 109,639 31,275 11,551 15,391 79,887
Silvercrest Asset Management (SAMG) 115,755 0% 2.8 10% 151,285 68,757 96,234 0 15,521 23,318 64,878
Hennessy Advisors (HNNA) 78,916 0% 4.0 11% 108,609 33,927 45,746 0 12,279 18,371 73,768
US Global Investors (GROW) 27,249 0% -8.5 -13% 23,736 1,557 4,917 0 -3,192 -2,737 23,275
Medley (MDLY) 13,982 0% 2.7 -9% 75,536 165,391 54,822 0 -6,748 5,188 13,799
Victory Capital (VCTR) 1,261 0% 1.5 8% 841,095 354,144 382,888 0 63,415 120,661 185,934
Medley LLC (MDLQ)
BrightSphere Investment (BSA)
Puhui Wealth Investment (PHCF)
Moelis (MC) -0.6 22% 714,769 401,911 0 0 154,737 190,382 -109,042
PJT Partners (PJT) 0% -1.5 4% 801,544 282,043 612,469 0 35,936 56,738 -84,214
Hamilton Lane (HLNE) 0% 0.1 26% 392,844 215,009 253,503 0 103,347 142,989 8,657
Focus Financial Partners (FOCS) 0% -1.4 1% 2,420,652 1,604,797 1,068,908 0 12,573 27,782 -37,944
KKR (KKR) 0% 4.2 7% 57,524,065 29,242,002 4,038,593 0 3,956,404 5,383,684 22,721,783

Balance Sheet ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash108,324125,250124,992117,591100,81978,26259,586
Accounts Receivable22,96224,14023,70415,80715,4349,83111,447
Inventory
PP&E4,4605,42414,8956,2995,6805,4075,649
Assets218,180252,604257,473230,796220,599205,180202,559
Accounts Payable1,2311,4762,9061,1412,0531,6121,845
Long-Term Debt
Liabilities94,434106,815108,76296,01686,12166,82056,316
Stockholders' Equity164,861168,579168,334168,756162,912160,281159,815
Income Statement ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue339,055376,068405,465327,818248,937201,527161,331
Cost of Revenue18,175
Gross Profit143,156
R&D
SG&A
Tax8,1609,1288,0564,7583,9051,0582,647
Net Income76,41976,941123,735116,95282,40848,52522,985
Cash Flow ($'000)2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating152,854168,618174,037128,71889,69856,42122,838
Cash Investing-10,378-14,502-11,5672,073-20,672-30,559-21,508
Cash Financing-115,360-137,190-162,728-138,192-85,798-48,419-20,006