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Unaudited Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Accounts receivable $ 149,457 $ 118,667
Property and equipment, net 39,308 41,472
Deferred tax assets 399,285 409,386
Prepaid expenses and other assets 20,284 17,731
Operating lease assets 82,020 83,364
Total assets 1,370,310 1,618,756
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Short-term employee-related liabilities 91,684 20,547
Long-term employee-related liabilities 68,279 58,952
Borrowings 199,471 199,430
Operating lease liabilities 99,439 101,277
Amounts payable under tax receivable agreements 341,988 341,461
Total liabilities 868,069 868,837
Commitments and contingencies
Redeemable noncontrolling interests 107,596 327,917
Additional paid-in capital 221,477 220,838
Retained earnings 136,535 170,044
Accumulated other comprehensive income (loss) (2,301) (2,762)
Total Artisan Partners Asset Management Inc. stockholders’ equity 356,517 388,924
Noncontrolling interests - Artisan Partners Holdings 38,128 33,078
Total stockholders’ equity 394,645 422,002
Total liabilities, redeemable noncontrolling interests, and stockholders’ equity 1,370,310 1,618,756
Consolidated Entity, Excluding VIE    
ASSETS    
Cash and cash equivalents 212,890 201,172
Investment securities 247,484 208,792
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 43,657 33,406
Variable Interest Entity, Primary Beneficiary    
ASSETS    
Cash and cash equivalents 46,082 67,046
Investment securities 167,164 462,140
Accounts receivable and other 6,336 8,986
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Accounts payable, accrued expenses, and other 22,649 105,984
Investment liabilities, at fair value 902 7,780
Class A Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 704 701
Class B Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock 12 16
Class C Common Stock    
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS, AND STOCKHOLDERS’ EQUITY    
Common stock $ 90 $ 87