APAM
Financial ServicesArtisan Partners Asset Management Inc. · Asset Management · $3B
What is Artisan Partners Asset Management Inc.?
Artisan Partners Asset Management is a Milwaukee-based active investment manager serving institutional and individual clients across global equity and fixed income markets. The firm is known for its team-based, high-conviction investment approach.
Artisan Partners generates revenue primarily through investment management fees charged on assets under management. The firm runs separate client-focused portfolios across equity and fixed income strategies, investing in companies of all market capitalizations worldwide. It serves pension plans, endowments, foundations, government entities, private funds, and mutual funds. Portfolio construction relies on fundamental analysis, with teams pursuing both growth and value opportunities across domestic and international markets.
Artisan Partners was founded in 1994 and is headquartered in Milwaukee, Wisconsin.
- Global and international equity strategies
- U.S. equity growth and value portfolios
- Fixed income and credit strategies
- Separately managed accounts for institutions
- Mutual funds and collective investment trusts
Is APAM a Good Stock to Buy?
UQS Score rates APAM as Good overall, reflecting a balanced profile with notable strengths and some areas of concern.
Artisan Partners scores particularly well on the Quality and Risk pillars, suggesting the business generates relatively dependable financial results and maintains a manageable risk profile compared to sector peers. The Valuation pillar also registers as Good, meaning the stock does not appear obviously stretched relative to its fundamentals.
The Moat and Growth pillars both come in Weak, indicating that competitive differentiation and near-term expansion prospects are areas investors should weigh carefully.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does APAM pay dividends?
Yes — Artisan Partners Asset Management Inc. pays a dividend.
Artisan Partners pays a regular dividend, which is a notable feature for income-oriented investors. As an asset manager, the firm distributes a meaningful portion of its earnings to shareholders, reflecting its cash-generative business model. The dividend cadence aligns with the firm's fee-based revenue structure, though investors should note that payouts can vary with assets under management and market conditions.
When does APAM report earnings?
Artisan Partners reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Results tend to track closely with trends in assets under management, which are influenced by both market performance and net client flows. The firm's fee-based model means revenue visibility is relatively high, though market downturns can pressure top-line results.
For the most recent quarter's results and upcoming reporting dates, visit Artisan Partners' investor relations page directly.
APAM Price History
+11.2% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Artisan Partners Asset Management Inc.?
Based on Artisan Partners Asset Management Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
APAM Long-term Outlook
The UQS Growth pillar for APAM registers as Weak, suggesting the near-term expansion trajectory is modest relative to broader financial services peers. However, the Strong Risk pillar indicates the business is not taking on outsized balance sheet or operational risk to chase growth. The Good Valuation pillar suggests the market has already priced in a measured growth outlook, leaving less room for disappointment but also less speculative premium.
Growth drivers
- Expansion of assets under management through strong investment performance
- Diversification into new fixed income and alternative strategies
- Growing institutional client base across non-U.S. markets
Key risks
- Fee compression across the active management industry
- Client outflows during prolonged market downturns
- Weak Moat score signals limited pricing power versus passive investment alternatives
APAM vs Peers
Artisan Partners operates in a competitive active asset management landscape alongside firms with varying business models and capital structures.
Beacon Financial operates with a different business focus, offering a distinct mix of financial services that contrasts with Artisan's pure-play active management model.
This preferred unit of Oaktree Capital reflects a different capital structure approach, appealing to investors prioritizing fixed distributions over equity upside.
Oaktree is a large alternative asset manager with a strong emphasis on credit and distressed investing, differentiating it from Artisan's equity-focused active strategies.
Frequently Asked Questions
What does Artisan Partners Asset Management do?
Artisan Partners is an active investment manager that runs equity and fixed income portfolios for institutional clients, including pension plans, endowments, foundations, and mutual funds. The firm uses fundamental analysis and a team-based approach to invest across global markets and all market capitalizations.
Does APAM pay dividends?
Yes, Artisan Partners pays a regular dividend. The firm distributes a meaningful share of its earnings to shareholders, which is consistent with its cash-generative, fee-based business model. Dividend amounts can vary depending on assets under management and overall market conditions.
When does APAM report earnings?
Artisan Partners follows a standard quarterly earnings reporting schedule. For the most current dates and recent results, check the investor relations section of the company's official website, as specific dates are subject to change.
Is APAM a good stock to buy?
UQS Score rates APAM as Good overall. The firm shows strength in Quality and Risk, with a Good Valuation reading. However, the Moat and Growth pillars are rated Weak, which is worth considering. The full pillar breakdown is available to UQS Pro members.
Is APAM overvalued?
The UQS Valuation pillar for APAM is rated Good, suggesting the stock is not obviously overpriced relative to its fundamentals. That said, valuation is just one of five pillars in the UQS composite — the complete picture requires reviewing all dimensions together.
How does APAM compare to its competitors?
Artisan Partners is a pure-play active equity and fixed income manager, which distinguishes it from broader financial services firms and alternative asset managers like Oaktree. Its focus on fundamental, team-driven strategies sets it apart, though the Weak Moat score suggests limited structural advantages over peers.
What is APAM's market cap bracket?
Artisan Partners is classified as a mid-cap company. This places it in a tier that typically offers more established operations than small-caps while retaining some growth optionality compared to large-cap asset managers.
Who founded Artisan Partners Asset Management?
Artisan Partners was founded in 1994. The firm's founding history and leadership background are publicly documented on the company's official website and in its SEC filings for those seeking detailed biographical information.
Is APAM a long-term quality investment?
From a long-term quality perspective, APAM's Strong Quality and Risk pillar scores suggest the business has durable financial characteristics. However, the Weak Moat and Growth scores indicate that competitive positioning and expansion may be headwinds over time. UQS Pro members can access the full longitudinal analysis.
What is the main competitive advantage of Artisan Partners?
Artisan Partners differentiates through its team-based, high-conviction investment culture and its focus on attracting experienced portfolio managers with specialized expertise. However, the UQS Moat pillar rates this advantage as Weak relative to sector peers, reflecting broader pressures on active management.
What sector does APAM belong to?
Artisan Partners operates in the Financial Services sector, specifically within the asset management industry. The firm competes for institutional and retail investor capital alongside other active managers, passive fund providers, and alternative investment firms.
Is APAM a growth stock or value stock?
Based on the UQS pillar profile, APAM leans toward value characteristics — the Growth pillar is rated Weak while Valuation is rated Good, suggesting the stock is reasonably priced but not expected to deliver rapid earnings expansion in the near term.
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Pro Analysis
APAM — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 58.5 | 93.2 | 30.0 | 21.9 | 59.8 | 95.6 | 0.0 |
| May 21, 2026 | 58.5 | 93.2 | 30.0 | 21.9 | 59.8 | 95.8 | -0.1 |
| May 20, 2026 | 58.6 | 93.2 | 30.0 | 21.9 | 59.8 | 96.2 | +0.1 |
| May 17, 2026 | 58.5 | 93.1 | 30.0 | 21.9 | 59.8 | 95.9 | 0.0 |
| May 16, 2026 | 58.5 | 93.1 | 30.0 | 21.9 | 59.8 | 96.2 | +0.1 |
| May 14, 2026 | 58.4 | 92.8 | 30.0 | 21.9 | 59.8 | 95.6 | +0.2 |
| May 13, 2026 | 58.2 | 92.3 | 30.0 | 21.9 | 59.8 | 95.3 | 0.0 |
| May 12, 2026 | 58.2 | 92.3 | 30.0 | 21.9 | 59.8 | 95.1 | +0.1 |
| May 11, 2026 | 58.1 | 92.1 | 30.0 | 21.9 | 59.8 | 94.9 | -0.4 |
| May 10, 2026 | 58.5 | 92.1 | 30.0 | 21.9 | 59.8 | 97.8 | +1.4 |
APAM — Pillar Breakdown
Quality
— 93.2/100 (25%)Artisan Partners Asset Management Inc. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 21.9/100 (20%)Artisan Partners Asset Management Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 59.8/100 (15%)Artisan Partners Asset Management Inc. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 96.2/100 (15%)Artisan Partners Asset Management Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 30/100 (25%)Artisan Partners Asset Management Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for APAM.
Score Composition
Financial Data
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How is the APAM UQS Score Calculated?
The UQS (Unified Quality Score) for Artisan Partners Asset Management Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Artisan Partners Asset Management Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Artisan Partners Asset Management Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.