Discontinued — last reported Q4 '19
Business Segments · Goodwill impairment
Asset Management — Goodwill impairment
Analysis
StatementSegment
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2019Nov 24, 2020
Rolls up toGoodwill impairment
How to read this metric
An increase indicates potential overpayment for past acquisitions or a deterioration in the long-term growth prospects of the asset management business.
Detailed definition
Represents the reduction in the carrying value of goodwill associated with the Asset Management reporting unit when its...
Peer comparison
Standard across financial services firms; peers typically report this as a non-cash charge during annual impairment testing.
Metric ID:
rjf_segment_asset_management_goodwill_impairmentSimilar Metrics at Other Companies
Frequently Asked Questions
- What does asset management — goodwill impairment mean?
- The loss in value recorded when the goodwill of the asset management business is determined to be worth less than its recorded amount.