Investor Presentaiton
Adjusted expense reconciliation
1Q22
1Q23
Adj. Expense VPY
(dollars in millions)
Expense
Total Adjustments | Adjusted Expense
Expense
Total Adjustments | Adjusted Expense
Asset-based expenses
$41.7
$41.7
$37.4
$37.4
(10.2%)
Spread-based expenses
$0.4
$0.4
$6.6
$6.6
1,517.7%
Employee compensation
$40.3
($3.9)
$36.4
$46.9
($5.0)
$41.9
15.3%
SG&A¹
$27.8
($2.5)
$25.3
$31.1
($1.1)
$30.0
18.6%
Interest expense
$1.2
$1.2
$2.3
$2.3
102.5%
Depreciation and amortization
$7.5
($1.7)
$5.7
$8.4
($2.2)
$6.3
8.9%
Other expense (income)
$0.1
($0.1)
$0.0
$19.9
($20.1)
($0.2)
NM
Total
$118.9
($8.3)
$110.7
$152.6
($28.4)
$124.3
12.3%
1Includes general and operating expenses and professional fees
Note: Percentage variance based on actual numbers, not rounded results
For general public use.
ASSETMARK. 19View entire presentation