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Noncontrolling Interest - Holdings (Tables)
12 Months Ended
Dec. 31, 2024
Noncontrolling Interest [Abstract]  
Result of Increased Equity Ownership Interest in Holdings
For the years ended December 31, 2024, 2023 and 2022, 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, 2022
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 %
Issuance of APAM Restricted Shares, Net328,415 — 328,415 %
Delivery of Shares Underlying RSUs and PSUs (1)
100,043 — 100,043 — %
Holdings Common Unit Exchanges (1)
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 %
Issuance of APAM Restricted Shares, Net (1)
353,602 — 353,602 — %
Delivery of Shares Underlying RSUs and PSUs (1)
28,795 — 28,795 — %
Holdings Common Unit Exchanges1,173,667 (1,173,667)— %
Forfeitures from Employee Terminations (1)
(36,022)— (36,022)— %
Balance at December 31, 2024
70,074,120 10,287,019 80,361,139 87 %
(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,
2024
2023
Additional paid-in capital$1,122 $(1,385)
Noncontrolling interests - Artisan Partners Holdings(1,076)1,408 
Accumulated other comprehensive income (loss)(46)(23)
Net impact to financial condition$— $—