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Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues:
Advisory fees	$ 58,756	$ 53,262
Other income	849	1,337
Total revenues	59,605	54,599
Expenses:
Compensation and benefits	18,832	17,874
Fund management and administration	10,912	9,600
Marketing and advertising	3,195	3,537
Sales and business development	3,813	2,962
Professional and consulting fees	1,636	1,558
Occupancy, communications and equipment	1,363	1,353
Depreciation and amortization	355	337
Third-party sharing arrangements	1,725	932
Acquisition-related costs	2,062
Other	1,790	1,624
Total expenses	45,683	39,777
Income before taxes	13,922	14,822
Income tax expense	4,498	7,942
Net income	$ 9,424	$ 6,880
Net income per share-basic	$ 0.07	$ 0.05
Net income per share-diluted	$ 0.07	$ 0.05
Weighted-average common shares-basic	135,329	134,385
Weighted-average common shares-diluted	136,468	135,509
Cash dividends declared per common share	$ 0.03	$ 0.08

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