Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-03

Artisan Partners Asset Management Inc. (APAM)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$7,244,255
Eric Colson total, FY2025
Executive Chairhighest-paid officer; CEO Jason Gottlieb: $5,482,136
10th
CEO (Jason Gottlieb) pay percentile vs peers
21:1
CEO-to-median pay ratio
96.78%
Say-on-pay support, latest vote
Companies that benchmark against APAM
13 companies name APAM as a compensation peer

Each company listed discloses APAM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named APAM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eric Colson$385,000$0$1,891,879$0$4,761,000$0$206,376$7,244,255
Executive Chair
Jason Gottlieb300,00001,548,40003,570,000063,7365,482,136
President and Chief Executive Officer
Christopher Krein300,0000995,75401,725,250061,6963,082,700
Executive Vice President and Head of Global Distribution
Charles Daley300,0000816,49301,821,7500117,9803,056,223
Executive Vice President, Chief Financial Officer and Treasurer
Samuel Sellers300,0000627,32301,648,500060,3702,636,193
Executive Vice President and Chief Operating Officer
Eileen Kwei300,0000697,04501,512,000063,5272,572,572
Executive Vice President and Chief Administrative Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Eric Colson$7,244,255$6,789,609$6,670,285+454,646
Jason Gottlieb5,482,1365,269,9954,970,120+212,141
Christopher Krein3,082,7002,924,2172,890,187+158,483
Charles Daley3,056,2232,958,2532,820,981+97,970
Samuel Sellers2,636,193
Eileen Kwei2,572,5722,323,1012,228,504+249,471

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Samuel SellersPSU2025-01-2912929$14,180
Christopher KreinPSU2025-01-291292922,508
Jason GottliebPSU2025-01-291292935,000
Eric ColsonPSU2025-01-291292942,764
Eileen KweiPSU2025-01-291292915,756
Charles DaleyPSU2025-01-291292918,456
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Samuel Sellers$0$14,180$0100.0%
Christopher Krein022,5080100.0%
Jason Gottlieb035,0000100.0%
Eric Colson042,7640100.0%
Eileen Kwei015,7560100.0%
Charles Daley018,4560100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Christopher KreinRSU94,941$3,867,896
Charles DaleyRSU91,1633,713,981
Samuel SellersRSU40,5291,651,151
Jason GottliebRSU189,8547,734,652
Eric ColsonRSU235,4869,593,700
Eileen KweiRSU53,3972,175,394
05

Incentive-plan design — the Compensation Discussion & Analysis

Fundamental to our executive compensation program is the belief that, for the benefit of all our stakeholders, executive compensation should be tied to the firm s purpose and the drivers of its long-term success.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMcLagan
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0363,534,1641,964,691148,00896.78%Passed
20252025-06-0469,249,9061,543,569467,98797.18%Passed
20242024-06-1467,259,1682,542,024125,13496.19%Passed
20232023-06-0164,550,1765,137,778125,38392.46%Passed
20222022-06-0249,176,81016,485,881173,26574.7%Passed
20192019-05-2142,878,94723,653,01654,18364.4%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-0396.78%a
20252025-06-0497.18%b
20242024-06-1496.19%c

a. Approved under the standard stated in the filing — “Abstentions will be counted as shares entitled to vote and therefore will have the effect of negative votes with respect to each proposal requiring a majority vote.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted as shares entitled to vote and therefore will have the effect of negative votes with respect to each proposal requiring a majority vote.”.

c. Approved under the standard stated in the filing — “Abstentions will be counted as shares entitled to vote and therefore will have the effect of negative votes with respect to each proposal requiring a majority vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)21 : 1
CEO total compensation$5,482,136
Median employee compensation$266,805
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stephanie G. DiMarcoIndependent · Lead Independent Director · Governance and Sustainability$0$325,000$0$0$0$325,000
Saloni S. MultaniIndependent · Audit (Chair)0250,000000250,000
Jeffrey A. JoerresIndependent · Compensation (Chair)0240,000000240,000
Matthew R. BargerIndependent · Audit · Governance and Sustainability (Chair)0240,000000240,000
Jennifer A. BarbettaIndependent · Audit · Governance and Sustainability0200,000000200,000
Tench CoxeIndependent · Not standing for re-election · Departed during FY37,500125,000000162,500
Peter B. CrawfordIndependent · Audit (Chair) · Partial-year service37,500000037,500
Eric R. ColsonEmployee director · Board Chair00000
Jason A. GottliebEmployee director00000
Kane BrenanIndependent · Compensation · Partial-year service · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)50,000 / 40,000 / 40,000
Stock ownership guidelineExecutive officers are expected to own shares equal in value to a multiple of their base salary. For the Chief Executive Officer, the multiple is eight times base salary...
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$75,000
Equity awards (grant-date value)$1,380,000
All other compensation$0
Total cost of the board$1,455,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Artisan Partners Asset Management Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Artisan Partners Asset Management Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1BlackRock2025Laurence Fink$1,500,000$24,600,184$0$0$37,749,569
2Janus Henderson Investors2025Ali Dibadj725,00027,665,1150035,038,727
3T. Rowe Price Group2025Robert Sharps350,0008,401,68908,401,50017,245,792
4Franklin Resources2025Jennifer Johnson750,0008,959,77106,925,00016,844,816
5Affiliated Managers Group2025Jay Horgen750,0008,967,00006,525,00016,311,950
6Invesco2025Andrew Schlossberg750,00010,084,90305,321,25016,299,849
7Victory Capital2025David Brown600,0009,819,944016,198,444
8Lazard2025Peter Orszag900,0008,666,5480013,723,452
9Federated Hermes2025J. Christopher Donahue787,5002,528,25903,937,5007,982,105
10Virtus Investment Partners2025George Aylward650,0003,200,00002,442,0006,309,500
11Artisan Partners Asset Management Inc.2025Jason Gottlieb300,0001,548,40003,570,0005,482,136
AllianceBernsteinnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Artisan Partners Asset Management Inc.not disclosedRSU 100not disclosedMcLagan
Affiliated Managers Group134%PSU 75 · RSU 25NoSemler Brossy Consulting Group, LLC
AllianceBernsteinnot disclosednot disclosednot disclosednot disclosed
BlackRocknot disclosedPSU 74 · RSU 26NoSemler Brossy
Federated Hermesnot disclosednot disclosednot disclosedMcLagan Partners, Inc.
Franklin Resources1847%PSU 100YesSemler Brossy Consulting Group
Invesco129%PSU 60 · RSU 40Yes — Relative TSRJohnson Associates
Janus Henderson Investorsnot disclosedPSU 60 · RSU 40NoMeridian Compensation Partners
Lazardnot disclosedMSU 50 · PIPR 50Yes — 3-year relative TSR vs. S&P 1500Compensation Advisory Partners (CAP)
T. Rowe Price Groupnot disclosedRSU 50 · PRSU 50not disclosednot disclosed
Victory Capitalnot disclosedRSU 100not disclosedAon McLagan
Virtus Investment Partners76%PSU 50 · RSU 50Yes — Relative TSRMercer

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Artisan Partners Asset Management Inc. in fiscal 2025?
As disclosed, Eric Colson, serving as Executive Chair, was the highest-paid executive with total compensation of $7,244,255.
How does Artisan Partners Asset Management Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that CEO Jason Gottlieb's pay fell at the 10th percentile of the disclosed peer group.
What is Artisan Partners Asset Management Inc.'s CEO-to-median employee pay ratio?
The company reported a CEO-to-median employee pay ratio of 21:1.
How did shareholders vote on Artisan Partners Asset Management Inc.'s executive compensation?
Shareholders voted 96.78% in support of the latest executive compensation plan.
How much does Artisan Partners Asset Management Inc. spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $1,455,000.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Eric ColsonDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 7,244,255. Filing ↗machine: r5 · c18 · span 624339–624348
2Section 01, Jason GottliebDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 5,482,136. Filing ↗machine: t65 · r2 · c9 · span 617510–617519
3Section 01, Christopher KreinDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 3,082,700. Filing ↗machine: r11 · c18 · span 637003–637012
4Section 01, Charles DaleyDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 3,056,223. Filing ↗machine: r8 · c18 · span 630689–630698
5Section 01, Samuel SellersDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 2,636,193. Filing ↗machine: r17 · c18 · span 651012–651021
6Section 01, Eileen KweiDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE”. As printed: 2,572,572. Filing ↗machine: r14 · c18 · span 643755–643764
7Section 03, Samuel Sellers PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r14 · c5 · span 714665–714671
8Section 03, Christopher Krein PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r10 · c5 · span 709694–709700
9Section 03, Jason Gottlieb PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r4 · c5 · span 702500–702506
10Section 03, Eric Colson PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r6 · c5 · span 704895–704901
11Section 03, Eileen Kwei PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r12 · c5 · span 712086–712092
12Section 03, Charles Daley PSUDEF 14A2026-04-170001517302-26-000079Section “SUMMARY COMPENSATION TABLE” · grants of plan-based awards table. Filing ↗machine: t67 · r8 · c5 · span 707296–707302
13Section 07, pay ratioDEF 14A2026-04-170001517302-26-000079Section “CEO Pay Ratio”. As printed: 21 : 1. Filing ↗machine: span 768073–768075
14Section 08, Stephanie G. DiMarcoDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 325,000. Filing ↗machine: t26 · r6 · c1 · span 237036–237043
15Section 08, Saloni S. MultaniDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 250,000. Filing ↗machine: t26 · r8 · c1 · span 239255–239262
16Section 08, Jeffrey A. JoerresDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 240,000. Filing ↗machine: t26 · r7 · c1 · span 238111–238118
17Section 08, Matthew R. BargerDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 240,000. Filing ↗machine: t26 · r3 · c1 · span 233584–233591
18Section 08, Jennifer A. BarbettaDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 200,000. Filing ↗machine: t26 · r2 · c1 · span 232512–232519
19Section 08, Tench CoxeDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 162,500. Filing ↗
20Section 08, Peter B. CrawfordDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 37,500. Filing ↗machine: t26 · r5 · c3 · span 236208–236214
21Section 08, Eric R. ColsonDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Jason A. GottliebDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 0. Filing ↗
23Section 08, Kane BrenanDEF 14A2026-04-170001517302-26-000079Section “Director Compensation”. As printed: 0. Filing ↗
24Section 06, 2026 voteForm 8-K2026-06-030001517302-26-000097Item 5.07 · say-on-pay result. As reported: 96.78% (votes for as printed: 63,534,164). Filing ↗
25Section 06, 2025 voteForm 8-K2025-06-050001628280-25-029667Item 5.07 · say-on-pay result. As reported: 97.18% (votes for as printed: 69,249,906). Filing ↗
26Section 06, 2024 voteForm 8-K2024-06-170001517302-24-000045Item 5.07 · say-on-pay result. As reported: 96.19% (votes for as printed: 67,259,168). Filing ↗
27Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
28Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
29Section 09b board cost (computed)ComputedcomputedCash 75,000 + equity 1,380,000 + all other 0 = 1,455,000, summed across the director compensation table rows.machine: formula: Σ = 1,455,000
30BlackRock, Section 10b CEO totalDEF 14A2026-04-100001308179-26-000262CEO total compensation as printed in BlackRock's own proxy. As printed: 37,749,569. Filing ↗machine: span 1984856–1984866
31Janus Henderson Investors, Section 10b CEO totalDEF 14A2026-04-170001308179-26-000293CEO total compensation as printed in Janus Henderson Investors's own proxy. As printed: 35,038,727. Filing ↗machine: t342 · r1 · c14 · span 863375–863385
32T. Rowe Price Group, Section 10b CEO totalDEF 14A2026-03-170001104659-26-028876CEO total compensation as printed in T. Rowe Price Group's own proxy. As printed: 17,245,792. Filing ↗machine: span 1474238–1474248
33Franklin Resources, Section 10b CEO totalDEF 14A2025-12-220001140361-25-046314CEO total compensation as printed in Franklin Resources's own proxy. As printed: 16,844,816. Filing ↗machine: r8 · c22 · span 1261002–1261012
34Affiliated Managers Group, Section 10b CEO totalDEF 14A2026-04-170001628280-26-025798CEO total compensation as printed in Affiliated Managers Group's own proxy. As printed: 16,311,950. Filing ↗machine: span 1521708–1521718
35Invesco, Section 10b CEO totalDEF 14A2026-04-020001193125-26-140019CEO total compensation as printed in Invesco's own proxy. As printed: 16,299,849. Filing ↗machine: t223 · r2 · c27 · span 1030655–1030665
36Victory Capital, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127653CEO total compensation as printed in Victory Capital's own proxy. As printed: 16,198,444. Filing ↗machine: r2 · c27 · span 1467226–1467236
37Lazard, Section 10b CEO totalDEF 14A2026-04-070001628280-26-024088CEO total compensation as printed in Lazard's own proxy. As printed: 13,723,452. Filing ↗machine: r3 · c11 · span 3696981–3696991
38Federated Hermes, Section 10b CEO totalDEF 14A2026-03-170001056288-26-000009CEO total compensation as printed in Federated Hermes's own proxy. As printed: 7,982,105. Filing ↗machine: r5 · c27 · span 201784–201793
39Virtus Investment Partners, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145685CEO total compensation as printed in Virtus Investment Partners's own proxy. As printed: 6,309,500. Filing ↗machine: r2 · c34 · span 636369–636378
40Artisan Partners Asset Management Inc. (subject), Section 10b CEO totalDEF 14A2026-04-170001517302-26-000079CEO total compensation as printed in Artisan Partners Asset Management Inc.'s own proxy. As printed: 5,482,136. Filing ↗machine: t65 · r2 · c9 · span 617510–617519
41Section 10a, Federated Hermes reciprocityDEF 14A0001056288-26-000009Federated Hermes names Artisan Partners Asset Management Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Affiliated Managers Group reciprocityDEF 14A0001628280-26-025798Affiliated Managers Group names Artisan Partners Asset Management Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
43Section 10a, Franklin Resources reciprocityDEF 14A0001140361-25-046314Franklin Resources's most recent proxy was read; its disclosed peer group does not include Artisan Partners Asset Management Inc.. Filing ↗
44Section 10a, Janus Henderson Investors reciprocityDEF 14A0001308179-26-000293Janus Henderson Investors names Artisan Partners Asset Management Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
45Section 10a, Virtus Investment Partners reciprocityDEF 14A0001193125-26-145685Virtus Investment Partners names Artisan Partners Asset Management Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
46Section 10a, Victory Capital reciprocityDEF 14A0001193125-26-127653Victory Capital names Artisan Partners Asset Management Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
47Section 10a, T. Rowe Price Group reciprocityDEF 14A0001104659-26-028876T. Rowe Price Group's most recent proxy was read; its disclosed peer group does not include Artisan Partners Asset Management Inc.. Filing ↗
48Section 10a, BlackRock reciprocityDEF 14A0001308179-26-000262BlackRock's most recent proxy was read; its disclosed peer group does not include Artisan Partners Asset Management Inc.. Filing ↗
49Section 10a, Invesco reciprocityDEF 14A0001193125-26-140019Invesco's most recent proxy was read; its disclosed peer group does not include Artisan Partners Asset Management Inc.. Filing ↗