Manning & Napier, Inc. to Report Fourth Quarter Results; Announces December 31, 2021 Assets Under Management

Rhea-AI Summary

Manning & Napier, Inc. (NYSE: MN) will report its fourth quarter 2021 financial results on February 8, 2022, after market close. A teleconference will follow at 5:00 p.m. to discuss the results, accessible via dial-in or webcast. Preliminary assets under management as of December 31, 2021 were reported at $22.5 billion, comprising $16.3 billion in managed accounts and $6.2 billion in mutual funds. Founded in 1970 and headquartered in Fairport, NY, the company offers diverse investment solutions to high-net-worth individuals and institutions.

FAIRPORT, N.Y., Jan. 12, 2022 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that it will report fourth quarter 2021 financial results after financial markets close on Tuesday, February 8, 2022. The Company will host a teleconference to discuss its results at 5:00 p.m. that day. To access the teleconference, please dial 866-518-6930 (domestic and international) approximately ten minutes before the teleconference's scheduled start time and reference ID# MNQ421. A live webcast will also be available on the investor relations portion of Manning & Napier's website at http://ir.manning-napier.com/. A replay of the call will be available approximately two hours after the call's completion through February 15, 2022, and can be accessed by dialing 402-220-1144. The webcast will be archived on Manning & Napier's website.

Assets Under Management
The Company also announced that preliminary December 31, 2021 assets under management ("AUM") were $22.5 billion, which included approximately $16.3 billion in separately managed accounts and approximately $6.2 billion in mutual funds and collective investment trusts.

About Manning & Napier, Inc.
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, including life cycle funds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY and had 280 employees as of September 30, 2021.

Safe Harbor Statement
This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company's current views with respect to, among other things, its operations and financial performance. Words like "believes," "expects," "may," "estimates," "will," "should," "intends," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company's actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; the impact of COVID-19 on the U.S. and global economy; a decline in the performance of the Company's products; client sales and redemption activity; any loss of an executive officer or key personnel; changes in the Company's business related to strategic acquisitions and other transactions; the Company's ability to successfully deploy new technology platforms and upgrades; changes of government policy or regulations; and other risks discussed from time to time in the Company's filings with the Securities and Exchange Commission.

Contacts
Investor Relations Contact
Emily Blum
Prosek Partners
973-464-5240
eblum@prosek.com

Public Relations Contact
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
nbrunner@manning-napier.com

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SOURCE Manning & Napier, Inc.

FAQ

When will Manning & Napier report its fourth quarter 2021 results?

Manning & Napier will report its fourth quarter 2021 financial results on February 8, 2022.

What time is the teleconference for Manning & Napier's fourth quarter results?

The teleconference will take place at 5:00 p.m. on February 8, 2022.

How can I access the teleconference for Manning & Napier's results?

You can access the teleconference by dialing 866-518-6930 or via the live webcast on their investor relations website.

What are the preliminary assets under management for Manning & Napier as of December 31, 2021?

As of December 31, 2021, Manning & Napier reported preliminary assets under management of $22.5 billion.

What portions of Manning & Napier's assets under management are in managed accounts and mutual funds?

Approximately $16.3 billion is in separately managed accounts and $6.2 billion is in mutual funds and collective investment trusts.