A Brief History of Artisan Partners Asset Management Inc. (APAM)

Founding and Early Years

Artisan Partners Asset Management Inc. was founded in 2001 by a group of investment professionals including Eric Colson, David Samra, and Andrew E. McGowan. The firm was created with a vision of providing high-quality investment management services focused on active equity strategies.

Initial Growth and Strategy

In its early years, Artisan Partners experienced rapid growth, driven by its commitment to active management and a team-based approach. The firm was organized into distinct investment teams, each specializing in various strategies. By 2003, Artisan Partners had assets under management (AUM) of approximately $9 billion.

Public Offering and Expansion

In 2013, Artisan Partners went public, listing its shares on the New York Stock Exchange under the symbol APAM. The initial public offering (IPO) raised approximately $269 million, with the company valued at about $1.5 billion at that time. Following the IPO, Artisan Partners continued to expand its product offerings and global reach.

Financial Performance

As of the end of 2022, Artisan Partners reported total AUM of $135.7 billion, demonstrating strong growth from its earlier years. The company focuses on equity strategy and has expanded into fixed-income and alternative investment strategies.

Recent Developments

In recent years, Artisan Partners has continued to diversify its investment strategies, focusing on sustainable investing and thematic strategies. As of the third quarter of 2023, the firm reported AUM of approximately $140 billion, reflecting its ongoing growth and adaptability in the evolving market landscape.

Investment Philosophy

The firm is known for its long-term investment horizon and rigorous investment process. Artisan’s investment teams emphasize deep fundamental research and a collaborative culture, striving to benefit from the advantages of active management.

Client Base and Market Position

Artisan Partners serves a diverse client base, including institutional investors, financial intermediaries, and individual investors. The firm’s significant presence in the asset management industry is underscored by its ranking among the top active management companies in the United States.

Conclusion on AUM Growth

As the asset management landscape continues to evolve, Artisan Partners remains committed to enhancing its value proposition for clients. With a strategic focus on active management, the firm aims to deliver superior risk-adjusted returns across its investment strategies.

A Who Owns Artisan Partners Asset Management Inc. (APAM)

Public Ownership

Artisan Partners Asset Management Inc. (APAM) is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol "APAM." A significant portion of the company's shares is held by institutional investors.

• As of the latest available data, the institutional ownership stands at approximately 75.2%.
• Major institutional investors include BlackRock, Vanguard Group, and State Street Global Advisors.

Top Institutional Shareholders

Insider Ownership

Insider ownership is another significant aspect of Artisan Partners. The company's executives and board members hold shares, reflecting their commitment to the business.

• Total insider ownership is recorded at approximately 4.8%.
• The executive team, including CEO Eric L. Colson, owns a combined total of 1,500,000 shares.

Executive Team Shareholding

Market Capitalization

As of the most recent trading session, Artisan Partners has a market capitalization of approximately $1.1 billion.

Recent Stock Performance

The share price of Artisan Partners has shown fluctuations based on market conditions.

• Current stock price: $30.12
• 52-week high: $34.50
• 52-week low: $25.03

Artisan Partners Asset Management Inc. (APAM) Mission Statement

Core Values

Artisan Partners Asset Management Inc. is guided by a set of core values that underpin its operations and strategic direction:

• Integrity
• Independence
• Commitment to Excellence
• Collaboration
• Client Focus

Investment Philosophy

Artisan Partners emphasizes a unique investment approach characterized by:

• Active Management - Portfolio managers make decisions based on comprehensive research.
• Long-term Perspective - Investments are selected with a long-term outlook.
• Risk Management - Strategies are implemented to mitigate risks effectively.

Financial Overview

As of the latest reporting period, Artisan Partners has demonstrated robust financial metrics:

Client Commitment

Artisan Partners places significant emphasis on client relationships, aiming to deliver:

• Customized Investment Solutions - Tailored strategies that meet specific client needs.
• Transparency - Clear communication of investment processes and strategies.
• Performance Orientation - A focus on achieving superior investment results.

Sustainability and Responsibility

The firm is committed to sustainable investing practices, integrating Environmental, Social, and Governance (ESG) factors into its investment processes:

• ESG Integration - Assessment of ESG factors in investment strategies.
• Community Engagement - Active involvement in community initiatives.
• Responsible Investment Practices - Commitment to ethical investing.

Future Direction

Artisan Partners aims to expand its investment capabilities and diversify its offerings, focusing on:

• Global Market Expansion
• Product Innovation - Development of new investment products.
• Technology Integration - Leveraging technology to enhance operational efficiency.

How Artisan Partners Asset Management Inc. (APAM) Works

Company Overview

Artisan Partners Asset Management Inc. (APAM) is a publicly traded investment management firm founded in 2001. As of October 2023, Artisan Partners manages approximately $167 billion in assets across various investment strategies. The company operates through several distinct investment teams.

Investment Strategies

The firm operates utilizing the following key investment strategies:

• U.S. Equity
• International Equity
• Global Equity
• Fixed Income

Financial Performance

As of the third quarter of 2023, Artisan Partners reported a revenue of $710 million. The firm’s operating margin stands at approximately 34%, contributing to a net income of $240 million.

Client Base

Artisan Partners serves a diverse client base, which includes:

• Institutional investors
• Financial advisors
• High-net-worth individuals

The firm has over 400 clients globally, contributing to strong recurring revenue streams.

Fee Structure

Artisan Partners employs a performance-based fee structure with management fees ranging from 0.50% to 1.50% depending on the investment strategy.

Recent Developments

In 2023, Artisan launched several new funds to expand its investment offerings. The firm also reported a 15% increase in year-over-year client inflows, primarily driven by strong performance in its U.S. Equity and International Equity strategies.

Distribution Channels

Artisan Partners utilizes several distribution channels to reach clients:

• Direct sales force
• Third-party distributors
• Institutional consultants

Regulatory Environment

The firm operates under the regulations established by the Securities and Exchange Commission (SEC) and adheres to fiduciary standards, ensuring the protection of client interests.

Market Position

As of October 2023, Artisan Partners ranks as one of the top 100 largest asset management firms globally, utilizing a unique investment culture aimed at delivering long-term performance.

How Artisan Partners Asset Management Inc. (APAM) Makes Money

Revenue Streams

Artisan Partners Asset Management Inc. primarily generates revenue through investment management fees. In 2022, these fees were approximately $1.2 billion.

The company operates on a multi-boutique model, including various investment strategies such as:

• U.S. Equity
• International Equity
• Global Equity
• Fixed Income

Assets Under Management (AUM)

As of the end of Q2 2023, Artisan Partners' AUM stood at $188.7 billion, primarily driven by:

Performance Fees

Artisan Partners also earns performance fees based on the investment results of its funds. These fees contribute significantly to its profitability. In 2022, performance fees amounted to approximately $200 million.

Expense Management

Cost management is vital for profitability. As of 2022, Artisan reported an operating margin of 39%. Key expenses include:

• Employee compensation and benefits
• Marketing and distribution
• General and administrative costs

Financial Performance

In 2022, Artisan Partners reported total revenue of $1.4 billion, compared with $1.3 billion in 2021, showing a growth rate of approximately 7.7%.

Net income for the same period was approximately $530 million, translating to an earnings per share (EPS) of $7.12.

Client Segmentation

The firm serves a diverse client base that includes:

• Institutional investors
• High-net-worth individuals
• Financial intermediaries

As of mid-2023, client distribution was as follows:

Geographical Focus

Artisan Partners has a significant international presence, with AUM distributed across different regions:

Market Trends and Future Outlook

As of October 2023, the global asset management industry is expected to grow at a compound annual growth rate (CAGR) of 6.4% through 2025. Artisan Partners aims to capitalize on this growth through:

• Expanding their product offerings
• Enhancing their digital capabilities
• Strengthening client relationships