Discontinued — last reported Q4 '17
A higher discount rate lowers the present value of assets, signaling higher perceived risk or higher market interest rates.
The specific discount rate applied to future cash flows when valuing assets or business units within the Private Client...
Standard disclosure in 'Fair Value' or 'Goodwill Impairment' testing notes for all public companies.
rjf_segment_private_client_group_fair_value_inputs_discount_rate