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Noncontrolling Interest - Holdings (Tables)
12 Months Ended
Dec. 31, 2022
Noncontrolling Interest [Abstract]  
Result of Increased Equity Ownership Interest in Holdings For the years ended December 31, 2022, 2021 and 2020, APAM’s equity ownership interest in Holdings has increased as a result of the following transactions:
Holdings GP UnitsLimited Partnership UnitsTotalAPAM Ownership %
Balance at January 1, 2020
56,429,825 21,372,029 77,801,854 73 %
Issuance of APAM Restricted Shares, Net (1)
789,114 — 789,114 — %
Delivery of Shares Underlying RSUs(1)
24,233 — 24,233 — %
2020 Follow-On Offering
1,802,326 (1,802,326)— %
Holdings Common Unit Exchanges4,128,600 (4,128,600)— %
Forfeitures from Employee Terminations (1)
(43,091)— (43,091)— %
Balance at December 31, 2020
63,131,007 15,441,103 78,572,110 80 %
Issuance of APAM Restricted Shares, Net562,289 — 562,289 %
Delivery of Shares Underlying RSUs(1)
1,074 — 1,074 — %
2021 Follow-On Offering
963,614 (963,614)— %
Holdings Common Unit Exchanges2,142,292 (2,142,292)— %
Forfeitures from Employee Terminations (1)
(100,404)— (100,404)— %
Balance at December 31, 2021
66,699,872 12,335,197 79,035,069 84 %
Issuance of APAM Restricted Shares, Net(1)
588,598 — 588,598 — %
Delivery of Shares Underlying RSUs(1)
1,060 — 1,060 — %
Holdings Common Unit Exchanges711,166 (711,166)— %
Forfeitures from Employee Terminations (1)
(18,671)— (18,671)— %
Balance at December 31, 2022
67,982,025 11,624,031 79,606,056 85 %
(1) The impact of the transaction on APAM’s ownership percentage was less than 1%.
Impact of the Reallocation of Equity The reallocation of equity had the following impact on the Consolidated Statements of Financial Condition:
Statements of Financial Condition For the Years Ended December 31,
2022
2021
Additional paid-in capital$(1,087)$(563)
Noncontrolling interests - Artisan Partners Holdings1,120 611 
Accumulated other comprehensive income (loss)(33)(48)
Net impact to financial condition$— $—