For this week’s post, we’re offering the slides and recording from our recent webinar on the tax bill’s impact on the investment management community. On balance, we believe most RIAs are better off as a consequence of the legislation, but there are nuances to the “win.” Specifically, the webinar covers the following observations on the recent bill:
U.S. equities have, overall, benefited from the tax bill
Higher valuations have driven ongoing revenues higher at investment management firms
Many RIA margins will expand as a consequence of improved economics
Investment management firm valuations will grow in many cases because of stronger cash flow
RIAs structured as tax pass-through entities (S corps, LLCs, Partnerships) may want to consider reorganizing as C corporations
So feel free to tune in or scroll through if any of these topics are pertinent to you or your firm.