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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Accounts receivable $ 118,667 $ 101,169
Investment securities 208,792 150,522
Prepaid expenses 13,537 14,791
Property and equipment, net 41,472 46,638
Operating lease assets 83,364 94,747
Deferred tax assets 409,386 436,529
Total assets 1,618,756 1,405,858
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accrued short-term incentive compensation 20,547 19,229
Accrued long-term incentive compensation 58,952 32,997
Operating lease liabilities 101,277 113,391
Borrowings 199,430 199,267
Amounts payable under tax receivable agreements 341,461 364,048
Total liabilities 868,837 802,101
Commitments and contingencies
Redeemable noncontrolling interests 327,917 252,406
Additional paid-in capital 220,838 193,722
Retained earnings 170,044 132,126
Accumulated other comprehensive income (loss) (2,762) (2,496)
Total Artisan Partners Asset Management Inc. stockholders’ equity 388,924 324,151
Noncontrolling interests - Artisan Partners Holdings 33,078 27,200
Total stockholders’ equity 422,002 351,351
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,618,756 1,405,858
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 201,172 141,008
Investment securities 208,792 150,522
Accounts receivable and other 4,194 5,557
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 33,406 25,509
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 67,046 37,459
Investment securities 462,140 364,095
Accounts receivable and other 8,986 13,343
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 105,984 38,080
Investment-related Liabilities 7,780 9,580
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 701 685
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 16 24
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 87 $ 90