WCM partners receive seven years of profits before returning equity at book
Sloan Payne · Sloane Payne and Dave Joerger – Why Culture Matters (EP.500) · May 4, 2026 · at 52:32
Sloan Payne discusses WCM Investment Management's succession architecture and how the firm structures founder equity buyouts to avoid debt burdens.
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“So our thing is the own equity. We'll continue to pay your dividend. You participate in the profitability of the firm for seven years. After that, you give your equity back at book value, which at an investment management firm is nothing.”
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