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Investment Securities (Tables)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]    
Marketable Securities The disclosures below include details of Artisan’s investments, excluding money market funds and consolidated investment products. Investments held by consolidated investment products are described in Note 6, “Variable Interest Entities and Consolidated Investment Products”.
As of December 31, 2021As of December 31, 2020
Investments in equity securities$37,179 $2,807 
Investments in equity securities accounted for under the equity method10,699 849 
Total investment securities$47,878 $3,656 
 
Gain (Loss) on Securities  
Artisan’s investments in equity securities consist of investments in shares of Artisan Funds, Artisan Global Funds and Artisan Private Funds. As of December 31, 2021, $36.5 million of Artisan’s investment securities were related to funded long-term incentive compensation plans. Unrealized gains (losses) related to investment securities held at the end of the periods indicated below were as follows:
As of December 31, 2021As of December 31, 2020As of December 31, 2019
Unrealized gain (loss) on investment securities held at the end of the period$1,602 $716 $5,050 
Other net investment gain (loss) is presented within the non-operating income (expense) section of the Consolidated Statements of Operations. The components of other net investment gain (loss) are as follows:
 For the Years Ended December 31,
202120202019
Net investment gain (loss) on seed investments$(401)$160 $5,087 
Net investment gain (loss) on franchise capital investments$2,716 $— $— 
Other$(559)$145 $1,251 
Other net investment gain (loss) $1,756 $305 $6,338