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FY2025
12 months to Dec 31, 2025
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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||||
| Net income | |||||
| Adjustments to reconcile net income to net cash provided by (used in) operating activities: | |||||
| Depreciation | |||||
| Share-based compensation | |||||
| (Increase) decrease in accounts receivable | |||||
| Change in current income taxes | |||||
| Change in deferred income taxes | |||||
| Gain on sale of High Yield-Focused Advisory Contracts | |||||
| Net gain on investments | |||||
| Net change in securities held by Consolidated Funds | |||||
| Increase (decrease) in accrued incentive compensation | |||||
| Increase in deferred compensation | |||||
| Other changes in assets and liabilities | |||||
| Net cash provided by (used in) operating activities | |||||
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||||
| Purchase of property and equipment | |||||
| Purchase of Company sponsored investments | |||||
| Proceeds from sale of Company sponsored investments | |||||
| Proceeds From Sale Of Nonfinancial Assets | |||||
| Net cash provided by (used in) investing activities | |||||
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||||
| Value of shares withheld related to employee tax withholding obligations | |||||
| Payment of dividends | |||||
| Redemptions of redeemable noncontrolling interest holders | |||||
| Subscriptions received from redeemable noncontrolling interest holders | |||||
| Repurchases of common shares | |||||
| Proceeds received under employee stock purchase plan | |||||
| Net cash used in financing activities | |||||
| CASH AND CASH EQUIVALENTS | |||||
| Net change during the year | |||||
| At beginning of year | |||||
| At end of year | |||||
| Supplemental information related to cash activities: | |||||
| Income taxes paid | |||||
| Supplemental information related to non-cash activities | |||||
| Operating lease right-of-use asset addition, net of lease incentive | |||||
| Lease incentives included in property and equipment | |||||
| Common shares issued as incentive compensation | |||||
| Charitable donation of corporate investments | |||||
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