Artisan Partners Asset Management Inc. Class A

Good afternoon and welcome to the Artisan Partners Asset Management Business Update and Second Quarter 2025 Earnings Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing star then zero on your telephone keypad. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad. To withdraw your question, please press star then 2. Please note this event is being recorded. I would now like to turn the conference over to Artisan Partners Asset Management. Please go ahead.

Welcome to the Artisan Partners Asset Management Business Update and Earnings Call. Today's call will include remarks from Eric Colson, Executive Chair, Jason Gottlieb, CEO, and CJ Daly, CFO. Following these remarks, we will open the line for questions. Our latest results and investor presentation are available on the investor relations section of our website. Before we begin today, I would like to remind you that comments made during today's call, including responses to questions, may include forward-looking statements. These are subject to known and unknown risks and uncertainties, including but not limited to the factors set forth in our earnings release and detailed in our SEC filings. These risks and uncertainties may cause actual results to differ materially from those disclosed in the statement, and we assume no obligation to update or revise any of these statements following the presentation. In addition, some of our remarks today will include references to non-GAAP financial measures. You can find reconciliations of these measures to the most comparable GAAP measures in the earnings release and the supplemental materials, which can be found on our investor relations website. Also, please note that nothing on this call constitutes an offer or solicitation to purchase or sell an interest in any artisan investment product or a recommendation for any investment service. I will now turn it over to Eric.

Thank you, Brennan, and thank you all for joining the call or reading the transcript. In June, Jason succeeded me as CEO, and I assumed the role of his executive chair. This will be my last quarterly call, my 50th since our IPO in 2013. On each of the 50 calls, I have started with the same slide level setting who we are as a firm. Artisan Partners has been, is, and I believe always will be a high value added investment firm designed for talent to thrive in a thoughtful growth environment. Since our founding 30 years ago, we have demonstrated the repeatability of our model across investment leaders, generations, geographies, asset classes, and distribution channels. We have grown the firm thoughtfully, methodically, expanding in the direction of high-value added investing. Throughout, we have maintained and enhanced our investment-first culture, staying focused on investments and client outcomes. We take tremendous pride in the consistency of our approach and the consistency of our results. After Jason speaks, I'll say a few words about how we have evolved as an investment firm and how we are positioned for the future.