Artisan Partners Q2 revenue record $304.9M, dividend raised to $1.00

Artisan Partners Asset Management Inc.

2021-Q2 EPS reported $2.54 revenue$595,626,000

Revenue $304.9M (record), up 50% YoY; GAAP EPS $1.33 vs $0.72 YoY.
Adjusted EPS $1.28 vs $0.71 YoY; adjusted operating margin 45.3% (vs 37.8%).
AUM $175.2B, up from $120.6B YoY; net inflows $1.0B in Q2.
Dividend increased to $1.00/share ($0.88 prior), payable Aug 31, 2021.
Appointed Saloni S. Multani to Board; Stephanie G. DiMarco named independent Chair.

item 2.02 item 5.02 item 8.01 item 9.01

Executive movements

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Appointed

Saloni S. Multani

Director

APAM · Artisan Partners Asset Management Inc.

Effective: 2021-08-13
Filed: August 3, 2021, 7:59 PM ET

On August 2, 2021, the Board of Directors of the Company approved, effective August 13, 2021, an increase in the size of the Board from seven to eight directors and appointed Saloni S. Multani to fill the newly-created vacancy on the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Saloni S. Multani was appointed as Director at Artisan Partners Asset Management Inc..

Action: appointed
Role: Director

Exact text from the filing

On August 2, 2021, the Board of Directors of the Company approved, effective August 13, 2021, an increase in the size of the Board from seven to eight directors and appointed Saloni S. Multani to fill the newly-created vacancy on the Board.

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Artisan Partners Asset Management Inc. filing history →

Source: SEC EDGAR

accession 0001517302-21-000046

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