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Revenue from Contracts with Customers
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue From Contracts with Customers
Note 9. Revenue From Contracts with Customers
The following table presents a disaggregation of investment advisory revenue by type and vehicle for the three and nine months ended September 30, 2022 and 2021:
 For the Three Months Ended September 30, For the Nine Months Ended September 30,
2022202120222021
Management fees
   Artisan Funds$135,919 $186,254 $445,260 $528,924 
   Artisan Global Funds10,423 12,822 33,192 35,568 
   Separate accounts and other (1)
87,849 117,100 288,449 336,519 
Performance fees
   Separate accounts and other (1)
121 398 397 11,189 
Total revenues (2)
$234,312 $316,574 $767,298 $912,200 
(1) Separate accounts and other revenue consists of management fees and performance fees earned from vehicles other than Artisan Funds or Artisan Global Funds, and therefore includes revenue earned from traditional separate accounts, Artisan-branded collective investment trusts and Artisan Private Funds.
(2) All management fees and performance fees from consolidated investment products were eliminated upon consolidation and therefore are omitted from this table. See Note 15, “Related Party Transactions”.
The following table presents the balances of receivables related to contracts with customers:
CustomerAs of September 30, 2022As of December 31, 2021
   Artisan Funds$4,087 $5,874 
   Artisan Global Funds4,065 5,433 
   Separate accounts and other70,867 98,568 
Total receivables from contracts with customers$79,019 $109,875 
Non-customer receivables24,415 5,975 
Accounts receivable$103,434 $115,850 
Artisan Funds and Artisan Global Funds are billed on the last day of each month. Artisan Funds and Artisan Global Funds make payments on the same day the invoice is received for the majority of the invoiced amount. The remainder of the invoice is generally paid in the month following receipt of the invoice. Separate accounts and other clients are generally billed on a monthly or quarterly basis, with payments due within 30 days of billing.
Artisan had no other contract assets or liabilities from contracts with customers as of September 30, 2022 or December 31, 2021.