What does institutional markets — advisory fee expenses mean?

Costs incurred by the institutional segment related to external investment advisory or management services. These expenses are distinct from internal operating costs and reflect the fees paid to third-party managers or consultants to support the segment's investment portfolio. Monitoring these fees helps assess the cost-efficiency of the segment's investment strategy.

Corebridge Financial (CRBG) Institutional Markets — Advisory fee expenses

Screener

Other segment segments

Group Retirement

$39M+30.0%

Individual Retirement

$6M+100%

Life Insurance

$0-100%

Similar metrics at other companies

RJFNoninterest Expense Investment Advisory Fees

$63M+12.5%

OBTWealth Management — Noninterest Expense Investment Advisory Fees

$24K+9.1%

SBX

SBXEAdvisory Fee Expense

$8.28M—

OBTInvestment Advisory Fee

$24K+9.1%

BNC

BNCInvestment Advisory Fee

$4.64M—

RJFInvestment Advisory Fee

$63M+12.5%

Other financials

Income statement

See full

Revenue$3.9B+43.6%

Net income$2.0M+100%

EPS (diluted)-$0.04+96.7%

Balance sheet

See full

Cash & equivalents$353.0M+21.7%

Total debt$1.3B+1,138%

Total equity$10.7B-13.4%

Total assets$415.79B+4.2%

Cash flow

See full

Operating cash flow-$44.0M—

Valuation

See full

Market cap$14.97B-18.8%

Enterprise value$15.87B-13.0%

P/S0.8×-0.4×

Profitability

See full

Net margin5.4%—

Returns & leverage

See full

Return on equity7.3%—

Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpenseInvestmentAdvisoryFees.

The source filing: Corebridge Financial’s 10-Q, filed August 5, 2026.

Filed: Aug 5, 2026, 1:20 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0001889539-26-000141

(in millions) / Three Months Ended June 30, 2026	Individual Retirement	Group Retirement	Life Insurance	Institutional Markets	Corporate & Other	Total Corebridge	Adjustments	Total Consolidated
Interest credited to policyholder account balances	946	302	79	275	(1)	1,601	(31)	1,570
Amortization of deferred policy acquisition costs	131	28	83	6	—	248	—	248
Non-deferrable insurance commissions	50	31	14	5	1	101	1	102
Advisory fee expenses	6	39	—	—	—	45	—	45
General operating expenses(c)	87	103	122	22	56	390	76	466
Interest expense	—	—	—	—	124	124	7	131
Total benefits and expenses	1,252	510	950	740	180	3,632	230	3,862
Noncontrolling interests	—	—	—	—	—	—

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's institutional markets — advisory fee expenses?: Corebridge Financial (CRBG) reported institutional markets — advisory fee expenses of $0 in Q2 2026.
What does institutional markets — advisory fee expenses mean?: Costs incurred by the institutional segment related to external investment advisory or management services. These expenses are distinct from internal operating costs and reflect the fees paid to third-party managers or consultants to support the segment's investment portfolio. Monitoring these fees helps assess the cost-efficiency of the segment's investment strategy.