Perella Weinberg Partners
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
PWP$13.83-4.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Financial Condition as of
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Cash and cash equivalents | $331,558 | $247,171 |
| Restricted cash | 1,213 | 2,931 |
| Investments in short-term marketable debt securities | 75,830 | 91,174 |
| Accounts receivable, net of allowance | 73,293 | 47,771 |
| Due from related parties | 1,146 | 3,575 |
| Fixed assets, net of accumulated depreciation and amortization | 84,886 | 93,652 |
| Intangible assets, net of accumulated amortization | 12,612 | 19,192 |
| Goodwill | 34,383 | 34,383 |
| Prepaid expenses and other assets | 29,224 | 30,871 |
| Right-of-use lease assets | 139,637 | 143,935 |
| Deferred tax asset, net | 92,969 | 46,453 |
| Total assets | $876,751 | $761,108 |
| Liabilities, Redeemable Non-Controlling Interests, and Equity | ||
| Accrued compensation and benefits | $325,225 | $233,927 |
| Accounts payable, accrued expenses and other liabilities | 68,919 | 52,106 |
| Lease liabilities | 187,349 | 175,901 |
| Amount due pursuant to tax receivable agreement | 65,493 | 30,928 |
| Total liabilities | 646,986 | 492,862 |
| Commitments and Contingencies (Note 16) | ||
| Redeemable non-controlling interests, 27,460,600 units at redemption value of $23.71 per unit as of December 31, 2024 | 651,140 | — |
| Equity | ||
| Class A common stock, par value $0.0001 per share (1,500,000,000 shares authorized, 72,544,696 issued and 59,181,721 outstanding at December 31, 2024; 1,500,000,000 shares authorized, 57,361,073 issued and 44,642,849 outstanding at December 31, 2023) | 7 | 6 |
| Class B common stock, par value $0.0001 per share (600,000,000 shares authorized, 27,460,600 issued and outstanding at December 31, 2024; 600,000,000 shares authorized, 41,589,339 issued and outstanding at December 31, 2023) | 3 | 4 |
| Preferred stock, par value $0.0001 per share (100,000,000 shares authorized, no shares issued and outstanding at December 31, 2024 and December 31, 2023) | — | — |
| Additional paid-in-capital | — | 312,523 |
| Retained earnings (accumulated deficit) | (303,708) | (54,650) |
| Accumulated other comprehensive income (loss) | (6,193) | (4,480) |
| Treasury stock, at cost (13,362,975 and 12,718,224 shares of Class A common stock at December 31, 2024 and December 31, 2023, respectively) | (111,484) | (100,747) |
| Total Perella Weinberg Partners equity | (421,375) | 152,656 |
| Non-controlling interests | — | 115,590 |
| Total equity | (421,375) | 268,246 |
| Total liabilities, redeemable non-controlling interests, and equity | $876,751 | $761,108 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.