v3.26.1
Segment Reporting
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Note 16. 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, 2026 and 2025.
For the Three Months Ended June 30,
For the Six Months Ended June 30,
2026202520262025
Salaries$26,554 $25,441 $53,300 $50,924 
Incentive compensation101,092 96,523 203,213 189,933 
Benefits and payroll taxes17,633 14,569 35,565 29,655 
Long-term incentive compensation (1)
19,929 19,418 41,841 38,088 
Market valuation changes in compensation plans16,777 9,925 16,779 12,437 
Total compensation and benefits$181,985 $165,876 $350,698 $321,037 
(1) Long-term incentive compensation represents expense based on the grant date fair value of awards and therefore excludes market valuation changes on awards classified as liabilities.