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Segment Reporting
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Note 15. Segment Information
Artisan operates as one segment in the investment management business. The Company’s Chief Operating Decision Maker (the “CODM”) is its Chief Executive Officer and President, who reviews financial information on a consolidated basis for purposes of allocating resources and assessing financial performance. The CODM uses consolidated Net Income attributable to Artisan Partners Asset Management, Inc. as presented within the Consolidated Statements of Operations (“net income”), among other consolidated metrics, to evaluate segment performance. Based on net income, as well as the other metrics, the CODM considers whether to use profits to invest in growth initiatives or return cash to shareholders through dividends while assessing the level of resources available through review of “Total assets” as presented within the consolidated statements of financial condition. The
CODM reviews significant segment expenses at a level consistent with that presented in the Consolidated Statements of Operations with the exception of Compensation and Benefits which is reviewed at a more disaggregated level as presented in the table below for the three and six months ended June 30, 2025 and 2024.
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2025202420252024
Salaries$25,441 $24,714 $50,924 $49,073 
Incentive compensation96,523 92,848 189,933 182,752 
Benefits and payroll taxes14,569 11,803 29,655 26,638 
Long-term incentive compensation (1)
19,418 16,759 38,088 33,616 
Market valuation changes in compensation plans9,925 666 12,437 4,591 
Total compensation and benefits$165,876 $146,790 $321,037 $296,670 
(1) Excluding market valuation changes