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Noncontrolling Interest - Holdings (Tables)

12 Months Ended

Dec. 31, 2023

Noncontrolling Interest [Abstract]

Result of Increased Equity Ownership Interest in Holdings

For the years ended December 31, 2023, 2022 and 2021, APAM’s equity ownership interest in Holdings has increased as a result of the following transactions:

			Holdings GP Units			Limited Partnership Units			Total			APAM Ownership %
Balance at January 1, 2021			63,131,007			15,441,103			78,572,110			80		%
Issuance of APAM Restricted Shares, Net (1)			562,289			—			562,289			1		%
Delivery of Shares Underlying RSUs (1)			1,074			—			1,074			—		%
2021 Follow-On Offering			963,614			(963,614)			—			1		%
Holdings Common Unit Exchanges			2,142,292			(2,142,292)			—			2		%
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 Exchanges			711,166			(711,166)			—			1		%
Forfeitures from Employee Terminations (1)			(18,671)			—			(18,671)			—		%
Balance at December 31, 2022			67,982,025			11,624,031			79,606,056			85		%
Issuance of APAM Restricted Shares, Net (1)			328,415			—			328,415			1		%
Delivery of Shares Underlying RSUs (1)			100,043			—			100,043			—		%
Holdings Common Unit Exchanges			163,345			(163,345)			—			—		%
Forfeitures from Employee Terminations (1)			(19,750)			—			(19,750)			—		%
Balance at December 31, 2023			68,554,078			11,460,686			80,014,764			86		%
(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,
			2023						2022
Additional paid-in capital			$	(1,385)					$	(1,087)
Noncontrolling interests - Artisan Partners Holdings			1,408						1,120
Accumulated other comprehensive income (loss)			(23)						(33)
Net impact to financial condition			$	—					$	—

X

- Definition

The tabular disclosure of the effects of any changes in a parent's ownership interest in a subsidiary on the equity attributable to the parent if the ownership interests in a subsidiary changes during the period. The changes represented by this element did not result in the deconsolidation of the subsidiary.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 55
-Paragraph 4M
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481175/810-10-55-4M

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1A
-Subparagraph (d)
-SubTopic 10
-Topic 810
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481203/810-10-50-1A

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- References

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X

- Definition

Tabular disclosure of the key aspects of a subsidiary (partnership, corporation, or other entity) of the limited liability company or limited partnership.

+ References

No definition available.

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