Artisan Partners Asset Management Inc
NYSE:APAM
Artisan Partners Asset Management Inc
Artisan Partners Asset Management Inc., founded in 1994, has carved a distinctive niche in the competitive world of asset management by adhering to a fundamental principle: investment teams of autonomous artisans, each focused on specific investment strategies. This Wisconsin-based firm thrives on delivering high-value-added investment expertise through a collection of active strategies, including international, global, U.S. value, and growth, among others. Artisan Partners operates on an innovative model that empowers its investment teams with independence and accountability, allowing them to pursue their unique philosophies and processes. By fostering a culture of deep expertise and distinct responsibility, they aim to deliver superior, risk-adjusted returns over the long term, attracting sophisticated clients such as high-net-worth individuals, pension funds, and institutional investors.
Behind Artisan’s success lies its robust revenue model, predominantly derived from the management fees charged on its client portfolios, which scale with the assets under management (AUM). This performance-aligned fee structure is complemented by incentive fees from certain strategies, aligning the interests of both clients and investment teams. Over the years, Artisan Partners has expanded its AUM, reflecting its ability to attract and retain capital due to its consistent performance and a reputation for disciplined investment strategies. Through a blend of autonomy and accountability, Artisan has successfully differentiated itself in the asset management industry, offering investors a bespoke service experience akin to an artisan crafting unique masterpieces.
Artisan Partners Asset Management Inc., founded in 1994, has carved a distinctive niche in the competitive world of asset management by adhering to a fundamental principle: investment teams of autonomous artisans, each focused on specific investment strategies. This Wisconsin-based firm thrives on delivering high-value-added investment expertise through a collection of active strategies, including international, global, U.S. value, and growth, among others. Artisan Partners operates on an innovative model that empowers its investment teams with independence and accountability, allowing them to pursue their unique philosophies and processes. By fostering a culture of deep expertise and distinct responsibility, they aim to deliver superior, risk-adjusted returns over the long term, attracting sophisticated clients such as high-net-worth individuals, pension funds, and institutional investors.
Behind Artisan’s success lies its robust revenue model, predominantly derived from the management fees charged on its client portfolios, which scale with the assets under management (AUM). This performance-aligned fee structure is complemented by incentive fees from certain strategies, aligning the interests of both clients and investment teams. Over the years, Artisan Partners has expanded its AUM, reflecting its ability to attract and retain capital due to its consistent performance and a reputation for disciplined investment strategies. Through a blend of autonomy and accountability, Artisan has successfully differentiated itself in the asset management industry, offering investors a bespoke service experience akin to an artisan crafting unique masterpieces.
Record AUM: Assets under management reached an all-time high of $180 billion at year-end, up nearly 12% from 2024, driven by over $33 billion in investment gains.
Revenue Growth: Quarterly revenue hit a record $336 million, up 11% from the prior quarter and 13% year-over-year.
Strong Investment Performance: Firm-wide asset-weighted returns exceeded 20% net of fees in 2025, with most strategies outperforming their benchmarks over multiple time frames.
Dividends Raised: Total dividends declared for 2025 were $3.87 per share, up 11% from 2024, with a special year-end dividend 14% higher than last year.
Grandview Acquisition: Completed acquisition of Grandview Property Partners, expanding into private real estate and alternatives; next fund launch expected to be much larger than the previous.
Equity Outflows: Equity platform saw higher-than-expected outflows, mainly from global opportunities and mid-cap growth strategies, attributed to short-term performance and asset allocation shifts.
Positive Outlook: Management expects continued growth in credit, alternatives, and international strategies, with a strong balance sheet supporting future investments and M&A.
