HOUSTON, March 27, 2012 /PRNewswire/ -- The Edelman
Financial Group Inc. (NASDAQ: EF) today announced that its Board of
Directors declared a regular quarterly cash dividend in the amount
of $0.05 per share of common
stock. The dividend will be payable on April 19, 2012 to common shareholders of record
at the close of business on April 5,
2012.
While The Edelman Financial Group intends to declare dividends
in subsequent quarters, any future dividends will be at the
discretion of the Board of Directors after taking into account
various factors, including general economic and business
conditions, tax considerations, its strategic plans, its financial
results and condition, its expansion plans, any contractual, legal
or regulatory restrictions on the payment of dividends, and such
other factors the Board considers relevant.
About The Edelman Financial Group
The Edelman Financial Group is a wealth management company
that manages approximately $16.3
billion in client assets. Client assets include the gross
value of assets under management directly or via outside managers
and assets held in brokerage accounts for clients by outside
clearing firms. The Edelman Financial Group has approximately 500
employees in 21 states. Additional information is available at
www.edelmanfinancial.com.
In addition to the historical information, this press release
contains certain forward-looking and non-GAAP statements under
federal securities laws. These statements concern The Edelman
Financial Group's expected future business prospects, revenue and
income. These forward-looking statements are based upon current
expectations and involve certain risks and uncertainties that could
cause actual results to differ materially from any such statement.
Non-GAAP information includes operating earnings, defined as
earnings from continuing operations, adjusted for investment
portfolio gains and losses. These risks and uncertainties, many of
which are beyond the Company's control, include but are not limited
to (1) trading volume in the securities markets; (2) volatility of
the securities markets and interest rates; (3) changes in
regulatory requirements that could affect the demand for the
Company's services or the cost of doing business; (4) general
economic conditions, both domestic and foreign, especially in the
regions where the Company does business; (5) changes in the rate of
inflation and related impact on securities markets; (6) competition
from existing financial institutions and other new participants in
the securities markets; (7) legal developments affecting the
litigation experience of the securities industry; (8) successful
implementation of technology solutions; (9) changes in valuations
of the Company's trading and warrant portfolios resulting from
mark-to-market adjustments; (10) dependence on key personnel; (11)
demand for the Company's services; and (12) litigation and
securities law liabilities. The Company does not undertake any
obligation to publicly update or revise any forward-looking
statements.
SOURCE The Edelman Financial Group Inc.