| Disaggregation of Revenue |
The following tables summarize revenue recognized from contracts with customers by client domicile and by investment vehicle: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Client domicile: | | | | | | | | | North America | $ | 138,124 | | | $ | 124,180 | | | $ | 399,759 | | | $ | 360,104 | | | Japan | 7,592 | | | 7,594 | | | 22,581 | | | 22,996 | | | Europe, Middle East and Africa | 6,866 | | | 5,508 | | | 19,074 | | | 16,299 | | | Asia Pacific excluding Japan | 4,845 | | | 4,438 | | | 14,382 | | | 12,914 | | | Total | $ | 157,427 | | | $ | 141,720 | | | $ | 455,796 | | | $ | 412,313 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | (in thousands) | 2026 | | 2025 | | 2026 | | 2025 | | Investment vehicle: | | | | | | | | | Wealth | $ | 92,531 | | | $ | 82,332 | | | $ | 265,337 | | | $ | 237,880 | | | Institutional | 36,571 | | | 33,210 | | | 106,865 | | | 98,231 | | | Closed-end funds | 28,325 | | | 26,178 | | | 83,594 | | | 76,202 | | | | | | | | | | | Total | $ | 157,427 | | | $ | 141,720 | | | $ | 455,796 | | | $ | 412,313 | |
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