Company Quick10K Filing
Manning & Napier
10-K 2019-12-31 Filed 2020-03-13
10-Q 2019-09-30 Filed 2019-11-14
10-Q 2019-06-30 Filed 2019-08-13
10-Q 2019-03-31 Filed 2019-05-14
10-K 2018-12-31 Filed 2019-03-27
10-Q 2018-09-30 Filed 2018-11-08
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-16
10-Q 2017-09-30 Filed 2017-11-08
10-Q 2017-06-30 Filed 2017-08-08
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-16
10-Q 2016-09-30 Filed 2016-11-07
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-14
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-07
10-K 2014-12-31 Filed 2015-03-16
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-14
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-09
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-09-30 Filed 2012-11-13
10-Q 2012-06-30 Filed 2012-08-13
10-Q 2012-03-31 Filed 2012-05-14
10-K 2011-12-31 Filed 2012-03-28
8-K 2020-03-03 Other Events, Exhibits
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 Officers, Regulation FD, Exhibits
8-K 2018-03-06 Other Events, Exhibits
8-K 2018-02-07 Earnings, Exhibits

Manning & Napier Financials

MN Metrics, Comps, Filings

Quarterly | Annual

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 Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Quarterly)

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) 938,892 0% 7.3 2% 3,113,131 2,343,905 555,227 0 76,819 130,436 951,855
Och-Ziff (OZM) 606,414 0% 13.4 2% 1,213,650 907,273 325,547 0 27,485 58,613 782,655
Pzena Investment (PZN) 620,309 0% 10.9 28% 177,699 82,049 112,318 0 49,153 53,358 583,591
Diamond Hill Investment Group (DHIL) 466,807 0% 5.9 16% 289,711 55,827 100,717 0 45,230 59,598 348,693
Westwood Holdings (WHG) 287,045 0% 17.3 5% 177,313 27,254 91,582 0 8,783 13,236 228,673
Value Line (VALU) 246,781 0% 13.1 12% 101,605 50,074 37,932 0 12,645 18,388 241,681
Manning & Napier (MN) 30,441 61% -4.0 6% 223,499 70,463 103,269 62,494 12,713 14,664 -57,942
Silvercrest Asset Management (SAMG) 119,602 0% 3.4 8% 203,098 107,863 99,147 0 16,451 23,195 78,761
Hennessy Advisors (HNNA) 75,850 0% 4.0 10% 110,208 34,680 42,715 0 11,031 17,154 68,538
US Global Investors (GROW) 32,530 0% -4.8 -28% 20,037 1,605 4,598 0 -5,610 -6,012 28,887
Medley (MDLY) 0% -0.9 1% 92,486 162,514 63,139 0 1,050 13,160 -11,698
Victory Capital (VCTR) 1,263,458 0% 19.7 4% 1,791,642 1,284,957 489,786 0 68,817 112,629 2,221,495
BrightSphere Investment (BSA) 0% -1.3 8% 1,432,300 1,279,600 404,900 0 111,000 93,100 -124,700
Medley LLC (MDLQ) 0% 0.5 -15% 74,683 165,645 51,444 0 -11,277 -2,173 -1,011
Puhui Wealth Investment (PHCF) 0% 14,377 2,569 0 0 0 0 -482
PJT Partners (PJT) 0% -1.7 4% 856,318 322,115 647,076 0 38,438 61,968 -108,039
Moelis (MC) -0.4 13% 806,237 441,657 0 0 108,542 139,605 -49,642
Focus Financial Partners (FOCS) 1,112,936 0% 40.2 1% 2,644,628 1,831,054 1,138,034 0 19,094 26,418 1,061,673
Hamilton Lane (HLNE) 0% -0.0 23% 445,382 240,751 261,962 0 103,048 139,360 -5,976
KKR (KKR) 0% 5.5 5% 57,645,049 29,059,852 2,979,773 0 2,940,747 3,979,149 22,023,985

Balance Sheet ($'000)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash81,41095,12796,957108,324131,686126,106126,294125,250118,707112,074118,857124,99280,37794,60094,183117,591126,970117,664123,708100,819100,56892,958103,32278,26269,45577,19876,70659,58654,30857,16988,383
Accounts Receivable21,59820,11721,35922,96223,81822,79022,67524,14024,36227,10324,32223,70421,88919,94217,61815,80715,01617,20917,24015,43413,95911,72711,0419,83113,52112,86313,27611,44710,75112,23110,767
Inventory
PP&E4,5754,7474,5398,9784,4204,3044,56411,3215,7836,4056,65014,8957,3276,9946,44514,9705,9726,3156,06517,3105,4445,5995,53616,7835,1835,7375,47816,9765,7105,9616,206
Assets186,848195,933203,271218,180240,081232,135240,251252,604245,575247,039251,286257,473209,285218,790210,628230,796227,535231,316234,566220,599223,056212,920214,587205,180194,980202,111200,648202,559214,632220,560223,499
Accounts Payable2,4661,1531,9121,2311,3256758971,4761,3031,1642,2222,9061,6611,1598701,1411,0361,9902,5232,0532,0211,3151,9151,6121,7162,3671,8281,8451,9791,7121,612
Long-Term Debt
Liabilities86,14190,87789,04994,434114,78593,90289,613106,815118,941109,815101,510108,76290,57896,43989,18496,01681,43292,53991,77786,12192,15475,92673,44666,82054,89859,85356,16556,31665,72471,83070,463
Stockholders' Equity162,356161,656163,525164,861166,052166,697168,449168,579165,786165,908167,302168,334165,139166,584167,976168,756169,041167,082167,012162,912161,881162,535162,950160,281160,282159,902159,551159,815160,396160,054160,708
Income Statement ($'000)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue85,01481,52985,38287,13090,25692,97394,64798,19298,470107,687104,79598,33690,42686,97377,92872,49164,53867,54163,30559,08555,48551,53648,83845,66842,22441,12040,54834,79734,29434,178
Cost of Revenue3,0192,959
Gross Profit31,27531,219
R&D
SG&A
Tax1,9903,1991,2201,7511,9972,5802,2222,3295,0762,3602,9762,2482,4792,081-1,6001,6791,6741,5451,5653,5901,3431,24273916,028478492274242331150
Net Income34,4249,45621,06411,47516,39218,59722,79319,15917,64417,73519,82068,53636,11130,20826,32624,30722,18421,69819,98518,54116,51414,58911,8525,5707,2736,1904,9782,9173,2196,577
Cash Flow ($'000)2012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating31,94344,12435,40141,38630,58251,50337,50649,02730,38654,44338,35150,85720,51144,75228,33835,11715,38027,78722,20324,3287,57022,64111,10615,104-3,71613,3863,307-6,8778,9296,665
Cash Investing-4,048-1,251-4,356-7232,402-874-8,111-7,919-3,269-2,932-2,531-2,8351,393-165-1861,0316,218-7,244291-19,937-5,375-1,2707,332-31,2462,971-1,116-4963,552-1,59527,332
Cash Financing-27,693-29,156-29,215-29,296-9,622-56,209-29,207-42,152-33,660-58,144-29,037-41,887-66,519-30,364-28,569-12,740-12,219-29,849-16,450-27,280-2,446-28,981-8,074-8,918-8,062-4,527-3,303-1,953-4,277-2,979