Cohen & Steers, Inc
(NYSE:CNS)

Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity po...

Website: http://www.cohenandsteers.com

Founded: 1986

Full Time Employees: 328

Sector: Financial Services

Industry: Asset Management

Financial Services

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At a glance:

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Main Competitors:

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Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31

revenue:
investment advisory and administration fees	135,890,000	133,628,000	128,545,000	126,771,000	131,740,000	125,397,000	114,577,000	115,345,000	112,033,000	116,226,000	113,118,000	118,034,000	117,102,000	130,885,000	137,655,000	143,669,000	148,637,000	143,638,000	134,348,000	116,921,000	107,940,000	103,160,000	86,648,000	97,289,000	101,157,000	96,763,000	91,473,000	84,632,000	84,222,000	88,150,000	84,420,000	84,434,000	91,479,000	88,557,000	84,893,000	81,903,000	81,410,000	86,079,000	79,090,000	73,088,000	75,269,000	73,487,000	77,221,000	77,752,000	76,063,000	75,210,000	72,907,000	67,564,000	67,658,000	67,704,000	70,353,000	65,394,000	63,224,000	59,687,000	58,155,000	55,310,000	58,048,000	57,469,000	51,052,000	48,008,000	42,909,000	40,835,000	38,092,000
distribution and service fees	7,475,000	7,513,000	7,166,000	7,184,000	7,450,000	7,244,000	6,631,000	6,817,000	6,647,000	7,014,000	6,977,000	7,562,000	7,662,000	8,557,000	9,005,000	9,869,000	10,259,000	9,900,000	9,199,000	8,272,000	7,849,000	7,572,000	6,930,000	7,783,000	7,976,000	7,681,000	7,418,000	6,973,000	6,982,000	7,451,000	7,257,000	7,400,000	4,936,000	5,070,000	5,104,000	5,046,000	5,196,000	5,296,000	4,671,000	4,233,000	4,120,000	3,961,000	4,014,000	3,906,000	3,715,000	3,738,000	3,744,000	3,470,000	3,557,000	3,627,000	3,741,000	3,434,000	2,881,000	2,747,000	2,501,000	2,260,000	2,457,000	2,586,000	2,415,000	2,419,000	2,259,000	2,236,000	2,164,000
other	438,000	579,000	415,000	512,000	593,000	562,000	513,000	548,000	508,000	497,000	535,000	486,000	571,000	509,000	771,000	651,000	733,000	649,000	722,000	554,000	671,000	427,000	509,000	758,000	714,000	521,000																									-368,000	-271,000	330,000	21,000	-784,000	-123,000	502,000	191,000	825,000	166,000	650,000	135,000	-88,000
total revenue	143,803,000	141,720,000	136,126,000	134,467,000	139,783,000	133,203,000	121,721,000	122,710,000	119,188,000	123,737,000	120,630,000	126,082,000	125,335,000	139,951,000	147,431,000	154,189,000	159,629,000	154,187,000	144,269,000	125,747,000	116,460,000	111,159,000	94,087,000	105,830,000	109,847,000	104,965,000	101,792,000	94,226,000	93,906,000	98,331,000	94,410,000	94,464,000	99,342,000	96,354,000	92,812,000	89,686,000	89,434,000	94,388,000	86,373,000	79,681,000	81,671,000	79,667,000	83,502,000	83,815,000	81,842,000	80,845,000	78,412,000	72,835,000	73,432,000	74,026,000	77,796,000	72,459,000	71,296,000	67,432,000	63,730,000	59,416,000	61,616,000	61,459,000	54,755,000	51,790,000	46,372,000	44,232,000	41,344,000
yoy	2.88%	6.39%	11.83%	9.58%	17.28%	7.65%	0.90%	-2.67%	-4.90%	-11.59%	-18.18%	-18.23%	-21.48%	-9.23%	2.19%	22.62%	37.07%	38.71%	53.34%	18.82%	6.02%	5.90%	-7.57%	12.32%	16.98%	6.75%	7.82%	-0.25%	-5.47%	2.05%	1.72%	5.33%	11.08%	2.08%	7.45%	12.56%	9.51%	18.48%	3.44%	-4.93%	-0.21%	-1.46%	6.49%	15.08%	11.45%	9.21%	0.79%	0.52%	3.00%	9.78%	22.07%	21.95%	15.71%	9.72%	16.39%	14.72%	32.87%	38.95%	32.44%
qoq	1.47%	4.11%	1.23%	-3.80%	4.94%	9.43%	-0.81%	2.95%	-3.68%	2.58%	-4.32%	0.60%	-10.44%	-5.07%	-4.38%	-3.41%	3.53%	6.87%	14.73%	7.97%	4.77%	18.14%	-11.10%	-3.66%	4.65%	3.12%	8.03%	0.34%	-4.50%	4.15%	-0.06%	-4.91%	3.10%	3.82%	3.49%	0.28%	-5.25%	9.28%	8.40%	-2.44%	2.52%	-4.59%	-0.37%	2.41%	1.23%	3.10%	7.66%	-0.81%	-0.80%	-4.85%	7.37%	1.63%	5.73%	5.81%	7.26%	-3.57%	0.26%	12.24%	5.73%	11.68%	4.84%	6.99%
expenses:
employee compensation and benefits	56,076,000	57,196,000	56,640,000	54,554,000	56,504,000	56,376,000	53,097,000	52,003,000	49,601,000	52,830,000	48,893,000	48,857,000	48,562,000	51,669,000	53,857,000	54,743,000	43,348,000	53,092,000	53,241,000	45,762,000	42,460,000	41,060,000	34,320,000	38,617,000	34,993,000	37,877,000	36,846,000	33,715,000	34,504,000	33,126,000	32,506,000	31,156,000	32,395,000	31,886,000	30,412,000	29,383,000	28,329,000	30,951,000	28,287,000	28,040,000	27,440,000	25,892,000	28,395,000	25,983,000	26,142,000	26,679,000	25,876,000	24,035,000	22,377,000	24,058,000	24,895,000	23,377,000	25,101,000	22,927,000	21,668,000	20,694,000	21,873,000	21,818,000	19,986,000	20,198,000	18,085,000	17,251,000	16,124,000
general and administrative	19,212,000	16,775,000	18,078,000	17,169,000	15,784,000	14,874,000	14,684,000	14,793,000	17,308,000	15,546,000	16,728,000	17,122,000	14,530,000	13,548,000	13,238,000	13,510,000	14,213,000	11,981,000	11,466,000	10,374,000	10,966,000	11,006,000	10,726,000	23,588,000	12,942,000	11,713,000	11,539,000	11,438,000	12,474,000	11,634,000	11,972,000	12,185,000	14,412,000	12,222,000	13,059,000	12,930,000	13,206,000	13,128,000	12,489,000	12,735,000	13,390,000	12,175,000	12,825,000	12,463,000	12,866,000	11,313,000	12,065,000	11,093,000	11,418,000	11,688,000	12,517,000	11,179,000	10,601,000	9,923,000	8,537,000	8,380,000	9,365,000	8,886,000	8,573,000	8,683,000	7,880,000	7,473,000	7,137,000
depreciation and amortization	2,535,000	2,519,000	2,375,000	2,357,000	2,425,000	2,341,000	2,268,000	2,254,000	1,477,000	801,000	839,000	988,000	1,148,000	1,135,000	1,106,000	994,000	931,000	977,000	1,017,000	1,167,000	1,128,000	1,144,000	1,228,000	1,152,000	1,079,000	1,100,000	1,115,000	1,102,000	1,068,000	1,138,000	1,205,000	1,062,000	1,527,000	1,698,000	1,827,000	2,065,000	2,016,000	2,004,000	1,693,000	1,897,000	1,513,000	1,545,000	1,586,000	1,052,000	1,169,000	1,090,000	1,103,000	1,262,000	1,496,000	1,423,000	1,340,000	1,347,000	1,384,000	1,438,000	1,396,000	1,296,000	1,279,000	1,295,000	1,186,000	1,138,000	1,126,000	1,113,000	1,154,000
total expenses	103,493,000	92,819,000	92,799,000	89,269,000	90,446,000	88,330,000	83,319,000	82,445,000	81,322,000	82,866,000	79,789,000	81,183,000	78,563,000	82,770,000	86,437,000	103,198,000	79,123,000	85,956,000	84,572,000	73,809,000	128,374,000	67,852,000	58,792,000	77,461,000	63,385,000	64,832,000	63,688,000	58,791,000	59,597,000	59,108,000	58,123,000	57,245,000	58,454,000	55,381,000	55,455,000	54,158,000	53,574,000	57,175,000	52,242,000	51,374,000	51,319,000	48,190,000	52,331,000	49,266,000	49,492,000	48,518,000	48,744,000	45,239,000	44,076,000	46,307,000	49,239,000	51,749,000	59,057,000	41,368,000	38,334,000	36,617,000	39,219,000	38,564,000	35,842,000	38,737,000	32,400,000	30,900,000	28,915,000
operating income	40,310,000	48,901,000	43,327,000	45,198,000	49,337,000	44,873,000	38,402,000	40,265,000	37,866,000	40,871,000	40,841,000	44,899,000	46,772,000	57,181,000	60,994,000	50,991,000	80,506,000	68,231,000	59,697,000	51,938,000	-11,914,000	43,307,000	35,295,000	28,369,000	46,462,000	40,133,000	38,104,000	35,435,000	34,309,000	39,223,000	36,287,000	37,219,000	40,888,000	40,973,000	37,357,000	35,528,000	35,860,000	37,213,000	34,131,000	28,307,000	30,352,000	31,477,000	31,171,000	34,549,000	32,350,000	32,327,000	29,668,000	27,596,000	29,356,000	27,719,000	28,557,000	20,710,000	12,239,000	26,064,000	25,396,000	22,799,000	22,397,000	22,895,000	18,913,000	13,053,000	13,972,000	13,332,000	12,429,000
yoy	-18.30%	8.98%	12.82%	12.25%	30.29%	9.79%	-5.97%	-10.32%	-19.04%	-28.52%	-33.04%	-11.95%	-41.90%	-16.19%	2.17%	-1.82%	-775.73%	57.55%	69.14%	83.08%	-125.64%	7.91%	-7.37%	-19.94%	35.42%	2.32%	5.01%	-4.79%	-16.09%	-4.27%	-2.86%	4.76%	14.02%	10.10%	9.45%	25.51%	18.15%	18.22%	9.50%	-18.07%	-6.18%	-2.63%	5.07%	25.20%	10.20%	16.62%	3.89%	33.25%	139.86%	6.35%	12.45%	-9.16%	-45.35%	13.84%	34.28%	74.66%	60.30%	71.73%	52.17%
qoq	-17.57%	12.86%	-4.14%	-8.39%	9.95%	16.85%	-4.63%	6.34%	-7.35%	0.07%	-9.04%	-4.00%	-18.20%	-6.25%	19.62%	-36.66%	17.99%	14.30%	14.94%	-535.94%	-127.51%	22.70%	24.41%	-38.94%	15.77%	5.32%	7.53%	3.28%	-12.53%	8.09%	-2.50%	-8.97%	-0.21%	9.68%	5.15%	-0.93%	-3.64%	9.03%	20.57%	-6.74%	-3.57%	0.98%	-9.78%	6.80%	0.07%	8.96%	7.51%	-6.00%	5.91%	-2.93%	37.89%	69.21%	-53.04%	2.63%	11.39%	1.79%	-2.18%	21.05%	44.89%	-6.58%	4.80%	7.27%
operating margin %	28.03%	34.51%	31.83%	33.61%	35.30%	33.69%	31.55%	32.81%	31.77%	33.03%	33.86%	35.61%	37.32%	40.86%	41.37%	33.07%	50.43%	44.25%	41.38%	41.30%	-10.23%	38.96%	37.51%	26.81%	42.30%	38.23%	37.43%	37.61%	36.54%	39.89%	38.44%	39.40%	41.16%	42.52%	40.25%	39.61%	40.10%	39.43%	39.52%	35.53%	37.16%	39.51%	37.33%	41.22%	39.53%	39.99%	37.84%	37.89%	39.98%	37.44%	36.71%	28.58%	17.17%	38.65%	39.85%	38.37%	36.35%	37.25%	34.54%	25.20%	30.13%	30.14%	30.06%
non-operating income:
interest and dividend income	5,217,000	5,106,000	6,315,000	5,371,000	4,948,000	5,420,000																									2,886,000	1,801,000				499,000
gain from investments—net	-2,248,000	692,000	6,715,000	3,553,000	-1,359,000	18,975,000	-2,018,000	984,000	14,299,000	-10,056,000	356,000	-308,000	5,820,000	-5,920,000	-28,573,000	3,567,000	6,865,000	-418,000	7,778,000	4,559,000	7,315,000	3,279,000	7,317,000	-22,027,000	1,463,000	4,472,000	1,874,000	13,864,000	-9,572,000	413,000	-603,000	-4,502,000
foreign currency gain—net	-991,000	859,000	-2,523,000	-1,172,000	2,779,000	-1,692,000	-483,000	134,000	-1,859,000	1,134,000	-1,134,000	-1,276,000	-5,487,000	2,405,000	1,683,000	646,000	-733,000	945,000	-79,000	-222,000	-952,000	-742,000	-257,000	1,035,000	-1,653,000	432,000	742,000
total non-operating income	1,978,000	6,657,000	10,507,000	7,752,000	6,368,000	22,703,000	2,556,000	5,037,000	16,651,000	-5,159,000	2,650,000	1,632,000	2,825,000	-1,974,000	-25,002,000	5,110,000	6,837,000	1,246,000	8,536,000	4,953,000	6,989,000	3,231,000	7,953,000	-19,843,000	1,352,000	6,617,000	4,536,000	14,910,000	-3,329,000	1,047,000	-778,000	-199,000	2,839,000	2,327,000	261,000	227,000	1,427,000	1,356,000	4,466,000	643,000	-12,078,000	-2,972,000	1,797,000	-1,552,000	-4,541,000	-3,557,000	4,990,000	3,181,000	1,971,000	3,303,000	-10,178,000	2,926,000	5,315,000	-1,992,000	3,017,000	2,409,000	-4,833,000	1,306,000	975,000	5,134,000	4,489,000	2,050,000	1,035,000
income before provision for income taxes	42,288,000	55,558,000	53,834,000	52,950,000	55,705,000	67,576,000	40,958,000	45,302,000	54,517,000	35,712,000	43,491,000	46,531,000	49,597,000	55,207,000	35,992,000	56,101,000	87,343,000	69,477,000	68,233,000	56,891,000	-4,925,000	46,538,000	43,248,000	8,526,000	47,814,000	46,750,000	42,640,000	50,345,000	30,980,000	40,270,000	35,509,000	37,020,000	43,727,000	43,300,000	37,618,000																				28,413,000			24,201,000	19,888,000	11,826,750	18,461,000	15,382,000	13,464,000
provision for income taxes	11,585,000	13,924,000	12,062,000	9,661,000	12,687,000	12,293,000	10,881,000	10,888,000	11,880,000	10,543,000	10,986,000	10,233,000	12,715,000	15,593,000	9,843,000	9,260,000	17,412,000	18,090,000	15,827,000	4,461,000	-5,854,000	12,532,000	11,086,000	458,000	9,854,000	10,352,000	9,991,000	10,368,000	5,682,000	10,539,000	9,940,000	8,096,000	22,921,000	17,562,000	14,620,000																				10,155,000			8,442,000	6,986,000	5,436,000	5,298,000	3,781,000	4,574,000
net income	30,703,000	41,634,000	41,772,000	43,289,000	43,018,000	55,283,000	30,077,000	34,414,000	42,637,000	25,169,000	32,505,000	36,298,000	36,882,000	39,614,000	26,149,000	46,841,000	69,931,000	51,387,000	52,406,000	52,430,000	929,000	34,006,000	32,162,000	8,068,000	37,960,000	36,398,000	32,649,000	39,977,000	25,298,000	29,731,000	25,569,000	28,924,000	20,806,000	25,738,000	22,998,000	22,944,000	26,191,000	23,831,000	24,921,000	17,867,000	5,828,000	16,964,000	20,774,000	20,771,000	15,173,000	18,037,000	22,924,000	19,600,000	19,428,000	19,817,000	8,509,000	15,501,000	12,567,000	15,027,000	18,258,000	16,074,000	9,542,000	15,759,000	12,902,000	12,751,000	13,163,000	11,601,000	8,890,000
yoy	-28.63%	-24.69%	38.88%	25.79%	0.89%	119.65%	-7.47%	-5.19%	15.60%	-36.46%	24.31%	-22.51%	-47.26%	-22.91%	-50.10%	-10.66%	7427.56%	51.11%	62.94%	549.85%	-97.55%	-6.57%	-1.49%	-79.82%	50.05%	22.42%	27.69%	38.21%	21.59%	15.51%	11.18%	26.06%	-20.56%	8.00%	-7.72%	28.42%	349.40%	40.48%	19.96%	-13.98%	-61.59%	-5.95%	-9.38%	5.97%	-21.90%	-8.98%	169.41%	26.44%	54.60%	31.88%	-53.40%	-3.56%	31.70%	-4.64%	41.51%	26.06%	-27.51%	35.84%	45.13%
qoq	-26.25%	-0.33%	-3.50%	0.63%	-22.19%	83.80%	-12.60%	-19.29%	69.40%	-22.57%	-10.45%	-1.58%	-6.90%	51.49%	-44.17%	-33.02%	36.09%	-1.94%	-0.05%	5543.70%	-97.27%	5.73%	298.64%	-78.75%	4.29%	11.48%	-18.33%	58.02%	-14.91%	16.28%	-11.60%	39.02%	-19.16%	11.91%	0.24%	-12.40%	9.90%	-4.37%	39.48%	206.57%	-65.64%	-18.34%	0.01%	36.89%	-15.88%	-21.32%	16.96%	0.89%	-1.96%	132.89%	-45.11%	23.35%	-16.37%	-17.70%	13.59%	68.46%	-39.45%	22.14%	1.18%	-3.13%	13.46%	30.49%
net income margin %	21.35%	29.38%	30.69%	32.19%	30.77%	41.50%	24.71%	28.04%	35.77%	20.34%	26.95%	28.79%	29.43%	28.31%	17.74%	30.38%	43.81%	33.33%	36.33%	41.69%	0.80%	30.59%	34.18%	7.62%	34.56%	34.68%	32.07%	42.43%	26.94%	30.24%	27.08%	30.62%	20.94%	26.71%	24.78%	25.58%	29.29%	25.25%	28.85%	22.42%	7.14%	21.29%	24.88%	24.78%	18.54%	22.31%	29.24%	26.91%	26.46%	26.77%	10.94%	21.39%	17.63%	22.28%	28.65%	27.05%	15.49%	25.64%	23.56%	24.62%	28.39%	26.23%	21.50%
net loss attributable to noncontrolling interests	4,176,000	77,000	-4,923,000	-3,511,000	2,804,000	-15,615,000	1,694,000	-410,000	-12,820,000	6,971,000	-727,000	-984,000
net income attributable to common stockholders	34,879,000	41,711,000	36,849,000	39,778,000	45,822,000	39,668,000	31,771,000	34,004,000	29,817,000	32,140,000	31,778,000	35,314,000	32,498,000	44,570,000	51,956,000	42,018,000	64,482,000	51,483,000	46,579,000	48,852,000	-4,412,000	31,904,000	28,520,000	20,572,000	36,728,000	34,017,000	31,333,000	32,543,000	25,561,000	30,790,000	29,959,000	27,586,000	20,398,000	25,082,000	23,474,000	22,985,000	26,168,000	23,877,000	24,808,000	18,083,000	5,879,000	17,093,000	20,763,000	20,816,000	15,698,000	18,184,000	22,183,000	19,445,000
earnings per share attributable to common stockholders:
basic	0.68	0.81	0.72	0.78	0.9	0.78	0.63	0.69	0.61	0.65	0.64	0.72	0.67	0.91	1.06	0.86	1.34	1.06	0.96	1.01	-0.1	0.67	0.6	0.43	0.78	0.72	0.66	0.69	0.54	0.66	0.64	0.59	0.44	0.54	0.51	0.5	0.57	0.52	0.54	0.39	0.13	0.38	0.46	0.46	0.35	0.41	0.49	0.44	0.44	0.41	0.34	0.34	0.23	0.37	0.41	0.37	0.22	0.36	0.3	0.198	0.31	0.27	0.21
diluted	0.67	0.81	0.72	0.77	0.89	0.77	0.63	0.68	0.6	0.65	0.64	0.71	0.66	0.9	1.06	0.85	1.31	1.05	0.95	1	-0.1	0.66	0.59	0.42	0.76	0.7	0.65	0.68	0.53	0.65	0.63	0.59	0.43	0.53	0.5	0.49	0.56	0.51	0.53	0.39	0.13	0.37	0.45	0.45	0.34	0.4	0.49	0.43	0.43	0.41	0.34	0.34	0.23	0.36	0.41	0.36	0.22	0.36	0.3	0.195	0.3	0.27	0.21
weighted-average shares outstanding:
basic	51,168	51,205	51,165	51,058	50,409	50,778	50,419	49,569	49,308	49,351	49,315	49,199	48,781	48,815	48,805	48,673	48,316	48,386	48,285	48,145	47,800	47,855	47,826	47,651	47,273	47,316	47,304	47,146	46,794	46,830	46,819	46,683	46,353	46,386	46,373	46,243	45,951	45,999	45,984	45,808	45,433	45,500	45,462	45,241	44,788	44,839	44,825	44,633	44,272	44,317	44,306	44,137	43,822	43,808	43,601	43,190	43,237	43,220	43,051	42,715	42,756	42,730	42,600
diluted	51,526	51,572	51,471	51,418	50,938	51,428	50,770	49,835	49,553	49,617	49,463	49,402	49,297	49,317	49,208	49,337	49,090	49,262	48,951	48,709	48,676	48,681	48,572	48,591	48,297	48,412	48,175	47,642	47,381	47,524	47,311	47,152	46,979	47,047	46,902	46,603	46,432	46,544	46,378	46,195	45,897	45,830	45,805	45,980	45,643	45,689	45,530	45,483	45,083	45,106	45,002	44,882	44,537	44,393	44,386	43,975	44,133	43,840	43,781	43,227	43,217	43,143	42,937
interest and dividend income—net							5,057,000	3,919,000	4,211,000	3,763,000	3,428,000	3,216,000	2,492,000	1,541,000	1,888,000	897,000	705,000	719,000	837,000	616,000	626,000	694,000	893,000	1,149,000	1,542,000	1,713,000	1,920,000	1,541,000	2,992,000	2,747,000			677,500	1,425,000	786,000		366,750	367,000	558,000	542,000	560,000	291,000	450,000	299,000	617,000	610,000	592,000	239,000	773,000	218,000	743,000	546,000	478,000	669,000	621,000	269,000	260,000	355,000	184,000	182,000	710,000	366,000	195,000
net loss attributable to redeemable noncontrolling interests													6,485,000	4,956,000	25,807,000	-4,823,000	-5,449,000	96,000	-5,827,000
dividends declared per share																	0.338	0.45	0.45	0.45	0.293	0.39	0.39	0.39	0.27	0.36	0.36	0.36	0.248	0.33	0.33	0.33	0.21	0.28	0.28	0.28	0.195	0.26	0.26	0.26	0.188	0.25	0.25	0.25	0.165	0.22	0.22	0.22	0.15	0.2
less: net loss attributable to redeemable noncontrolling interests																				-3,578,000	-5,341,000	-2,102,000	-3,642,000	12,504,000	-1,232,000	-2,381,000	-1,316,000	-7,434,000
portfolio consulting and other																											2,901,000	2,621,000	2,702,000	2,730,000	2,733,000	2,630,000	2,927,000	2,727,000	2,815,000	2,737,000	2,828,000	3,013,000	2,612,000	2,360,000	2,282,000	2,219,000	2,267,000	2,157,000	2,064,000	1,897,000	1,761,000	1,801,000	2,217,000	2,695,000	3,702,000	3,631,000	5,191,000	4,998,000	3,074,000	1,846,000	1,111,000	1,404,000	1,288,000	1,363,000	1,204,000	1,161,000	1,088,000
foreign currency gains—net																												-495,000	3,251,000	-2,113,000
less: net loss attributable to redeemable noncontrolling interest																													1,027,750	1,059,000	4,390,000	-1,338,000	-408,000	-656,000	476,000																				-204,000			-80,000	73,000			2,000
other gains—net																															-3,061,000	2,502,000	-67,000	-10,000	-331,000
gain from trading investments—net																																	1,045,000	595,000	2,000	273,000	-216,000	-376,000	1,017,000				205,000	-451,000
equity in earnings of affiliates—net																																	244,000	82,000
gain from available-for-sale investments—net																																	-6,000	235,000	83,000	35,000	379,000	944,000	158,000	-30,000			320,000	100,000
equity in earnings of affiliates																																			-279,000								1,085,000					935,000	105,500	313,000		536,000			772,000			627,000	-14,000	2,825,000	1,005,000		541,000
equity in (losses) earnings of affiliates																																				-289,000								-1,081,000	-2,748,000	-1,571,000					-427,000			-129,000		1,614,000	-5,248,000
other losses																																				-291,000				-89,000	-51,000	-270,000		-419,000				-52,000
income before benefit from income taxes																																				35,755,000	26,529,000	38,569,000	38,597,000	28,950,000	18,274,000	28,505,000	32,968,000	32,997,000	27,809,000	28,770,000	34,658,000	30,777,000	31,327,000	31,022,000	18,379,000	23,636,000	17,554,000	24,072,000		25,208,000	17,564,000
benefit from income taxes																																				12,811,000	9,874,250	14,738,000	13,676,000	11,083,000	12,446,000	11,541,000	12,194,000	12,226,000	12,636,000	10,733,000	11,734,000	11,177,000	11,899,000	11,205,000	9,870,000	8,135,000	4,987,000	9,045,000		9,134,000	8,022,000
less: net income attributable to redeemable noncontrolling interest																																				41,000	37,250	46,000		216,000								-155,000			6,773,000	-360,000											-10,000
equity in earnings (losses) of affiliates																																					799,250	130,000	2,640,000	427,000							1,429,000						71,000
other gains																																					485,000	291,000	93,000
less: net (income) loss attributable to redeemable noncontrolling interest																																							-113,000				-11,000				-741,000		1,219,750	-1,534,000			-2,306,000
income from trading investments—net																																								-207,000
gain from seed investments—net																																									-703,750	-2,993,000
less: net income (income) attributable to redeemable noncontrolling interest																																									51,000	129,000		45,000	-187,250	147,000								1,052,000		-27,000	64,000
other (losses) income																																											-263,000		-140,750	-666,000
amortization of deferred commissions																																												517,000
amortization, deferred commissions																																													344,250	388,000	444,000	545,000	658,000	776,000	810,000	765,000	595,000	545,000	496,000	489,000	497,000	415,000	343,000	293,000	244,000	232,000	190,000
gain from trading securities—net																																													263,750	-2,690,000	2,762,000	983,000	344,000	2,383,000		1,624,000	3,999,000		1,721,000	495,000	21,000		-378,000			-371,000	189,000
gain from available-for-sale securities—net																																													472,000	760,000	52,000	1,076,000	751,000	180,000	837,000	491,000	437,000	-84,000	687,000	154,000	-368,000	232,000	358,000	1,961,000	2,124,000	3,281,000	198,000
other income																																															155,000
other gain																																																	-107,500	209,000
net income attributable to common shareholders																																																	12,176,500	18,283,000	15,282,000	15,141,000	10,261,000	16,079,000	18,054,000	16,047,000	9,606,000	15,679,000	12,975,000	12,751,000	13,163,000	11,603,000	8,880,000
earnings per share attributable to common shareholders:
basic	0.68	0.81	0.72	0.78	0.9	0.78	0.63	0.69	0.61	0.65	0.64	0.72	0.67	0.91	1.06	0.86	1.34	1.06	0.96	1.01	-0.1	0.67	0.6	0.43	0.78	0.72	0.66	0.69	0.54	0.66	0.64	0.59	0.44	0.54	0.51	0.5	0.57	0.52	0.54	0.39	0.13	0.38	0.46	0.46	0.35	0.41	0.49	0.44	0.44	0.41	0.34	0.34	0.23	0.37	0.41	0.37	0.22	0.36	0.3	0.198	0.31	0.27	0.21
diluted	0.67	0.81	0.72	0.77	0.89	0.77	0.63	0.68	0.6	0.65	0.64	0.71	0.66	0.9	1.06	0.85	1.31	1.05	0.95	1	-0.1	0.66	0.59	0.42	0.76	0.7	0.65	0.68	0.53	0.65	0.63	0.59	0.43	0.53	0.5	0.49	0.56	0.51	0.53	0.39	0.13	0.37	0.45	0.45	0.34	0.4	0.49	0.43	0.43	0.41	0.34	0.34	0.23	0.36	0.41	0.36	0.22	0.36	0.3	0.195	0.3	0.27	0.21
income from trading securities—net																																																			-10,963,000			-2,469,000
loss from trading securities—net																																																										-99,000
equity in losses of affiliates																																																														-1,361,000
earnings per share attributable to common shareholders
basic	0.68	0.81	0.72	0.78	0.9	0.78	0.63	0.69	0.61	0.65	0.64	0.72	0.67	0.91	1.06	0.86	1.34	1.06	0.96	1.01	-0.1	0.67	0.6	0.43	0.78	0.72	0.66	0.69	0.54	0.66	0.64	0.59	0.44	0.54	0.51	0.5	0.57	0.52	0.54	0.39	0.13	0.38	0.46	0.46	0.35	0.41	0.49	0.44	0.44	0.41	0.34	0.34	0.23	0.37	0.41	0.37	0.22	0.36	0.3	0.198	0.31	0.27	0.21
diluted	0.67	0.81	0.72	0.77	0.89	0.77	0.63	0.68	0.6	0.65	0.64	0.71	0.66	0.9	1.06	0.85	1.31	1.05	0.95	1	-0.1	0.66	0.59	0.42	0.76	0.7	0.65	0.68	0.53	0.65	0.63	0.59	0.43	0.53	0.5	0.49	0.56	0.51	0.53	0.39	0.13	0.37	0.45	0.45	0.34	0.4	0.49	0.43	0.43	0.41	0.34	0.34	0.23	0.36	0.41	0.36	0.22	0.36	0.3	0.195	0.3	0.27	0.21

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31

assets:
cash and cash equivalents	145,452,000	98,054,000	95,372,000	65,227,000	182,974,000	106,474,000	122,013,000	99,521,000	187,442,000	133,050,000	178,471,000	149,518,000	247,418,000	161,957,000	126,569,000	84,817,000	184,373,000	168,472,000	111,229,000	54,717,000	41,232,000	96,305,000	88,135,000	42,960,000	101,352,000	128,328,000	102,109,000	56,386,000	92,733,000	164,460,000	193,729,000	168,644,000	193,452,000	198,873,000	178,414,000	156,685,000	183,234,000	163,117,000	140,684,000	122,914,000	142,728,000	146,247,000	125,807,000	99,493,000	124,938,000	137,807,000	112,328,000	125,745,000	128,277,000	143,845,000	107,465,000	80,272,000	121,240,000	120,273,000	90,605,000	127,824,000	95,212,000	140,671,000	117,683,000	136,191,000	100,819,000	165,530,000	152,745,000	153,002,000
investments	436,485,000	415,793,000	357,630,000	473,383,000	335,377,000	320,883,000	371,345,000	273,040,000	258,970,000	256,927,000	188,227,000	211,352,000	172,955,000	201,712,000	308,432,000	284,503,000	154,654,000	138,044,000	138,171,000	128,437,000	154,978,000	151,365,000	147,538,000	141,697,000	155,213,000	168,331,000	152,961,000	187,063,000	224,932,000	207,908,000	147,668,000	139,435,000
accounts receivable	79,775,000	68,326,000	72,884,000	79,020,000	74,389,000	78,673,000	65,267,000	75,329,000	68,889,000	70,289,000	63,217,000	76,564,000	70,193,000	78,844,000	75,714,000	89,423,000	84,090,000	89,142,000	78,752,000	71,957,000	69,680,000	67,094,000	51,995,000	63,659,000	59,101,000	65,614,000	54,362,000	59,973,000	50,381,000	60,110,000	50,586,000	63,016,000	53,854,000	62,341,000	50,635,000	58,676,000	46,288,000	62,135,000	47,681,000	54,488,000	44,559,000	52,225,000	44,455,000	54,935,000	43,392,000	50,950,000	42,352,000	49,489,000	40,888,000	52,726,000	45,762,000	57,249,000	61,169,000	47,012,000	53,584,000	39,590,000	50,680,000	39,258,000	41,831,000	32,821,000	34,800,000	25,924,000	29,436,000	23,324,000
due from brokers	1,865,000	2,586,000	4,163,000	3,874,000	1,474,000	2,446,000	3,657,000	17,089,000	4,677,000	2,808,000	2,570,000	2,356,000	2,080,000	2,930,000	6,717,000	63,101,000	3,567,000	3,251,000	7,214,000	6,081,000	5,125,000	2,443,000	497,000	145,000	1,743,000	3,677,000	3,323,000	4,597,000	14,240,000	6,250,000	11,435,000	11,790,000	6,429,000	6,567,000	14,452,000	2,159,000	1,579,000
property and equipment—net	65,068,000	67,440,000	67,562,000	67,529,000	68,604,000	69,659,000	70,326,000	68,394,000	66,336,000	52,307,000	36,328,000	12,357,000	8,757,000	8,621,000	8,380,000	8,618,000	8,938,000	9,055,000	9,040,000	9,604,000	10,341,000	10,920,000	11,584,000	12,091,000	12,486,000	12,993,000	13,487,000	14,011,000	14,106,000	14,196,000	14,571,000	14,939,000	15,040,000	15,317,000	15,471,000	15,557,000	15,964,000	14,055,000	12,989,000	10,070,000	9,783,000	9,894,000	9,996,000	10,136,000	11,189,000	11,319,000	9,674,000	9,274,000	9,824,000	9,387,000	9,264,000	9,171,000	9,418,000	9,970,000	10,893,000	11,200,000	11,769,000	12,063,000	12,832,000	13,242,000	13,226,000	13,347,000	14,092,000	14,866,000
operating lease right-of-use assets—net	97,342,000	98,748,000	99,929,000	98,368,000	99,200,000	100,927,000	101,624,000	101,374,000	103,302,000	99,605,000	107,759,000	132,448,000	136,430,000	14,016,000	16,729,000	19,473,000	22,009,000	24,293,000	26,082,000	28,646,000
goodwill and intangible assets—net	20,040,000	20,046,000	20,034,000	19,169,000	18,756,000	19,500,000	19,091,000	19,157,000	19,395,000	18,971,000	19,269,000	19,226,000	19,049,000	18,240,000	18,847,000	19,469,000	19,696,000	19,897,000	20,146,000	20,048,000	20,495,000	20,023,000	19,567,000	19,326,000	19,560,000	19,261,000	19,711,000	19,564,000	19,751,000	19,949,000	20,028,000	20,625,000	20,379,000	20,230,000	19,866,000	19,233,000	19,118,000	19,779,000	19,683,000	19,968,000	19,498,000	19,798,000	19,801,000
other assets	30,667,000	30,619,000	33,449,000	28,295,000	31,592,000	29,225,000	30,729,000	26,821,000	27,543,000	39,951,000	29,146,000	19,582,000	16,497,000	20,012,000	15,986,000	13,806,000	15,360,000	16,439,000	12,535,000	11,538,000	8,404,000	8,594,000	8,675,000	10,980,000	7,433,000	13,548,000	7,439,000	11,107,000	9,208,000	8,626,000	8,254,000	8,698,000	7,053,000	7,109,000	6,890,000	7,055,000	7,382,000	6,341,000	6,778,000	6,445,000	5,765,000	5,083,000	5,304,000	5,652,000	4,229,000	6,231,000	7,626,000	5,211,000	5,673,000								5,753,000	5,278,000	3,586,000	3,254,000	3,752,000	3,960,000	3,121,000	3,862,000
total assets	876,694,000	801,612,000	751,023,000	834,865,000	812,366,000	727,787,000	784,052,000	680,725,000	736,554,000	673,908,000	624,987,000	623,403,000	673,379,000	506,332,000	577,374,000	583,210,000	492,687,000	468,593,000	403,169,000	333,093,000	348,453,000	397,466,000	368,288,000	333,655,000	402,419,000	459,704,000	404,002,000	405,808,000	432,551,000	488,185,000	450,116,000	428,941,000	410,125,000	423,999,000	397,883,000	319,540,000	333,728,000	331,493,000	297,070,000	278,280,000	305,322,000	296,023,000	277,011,000	255,002,000	280,721,000	327,334,000	293,130,000	274,231,000	274,926,000	297,111,000	353,201,000	354,336,000	365,916,000	335,785,000	318,150,000	286,233,000	258,108,000	293,811,000	271,785,000	277,586,000	253,636,000	312,050,000	308,961,000	328,711,000
liabilities:
accrued compensation and benefits	80,614,000	59,972,000	39,947,000	19,963,000	71,049,000	48,679,000	32,967,000	17,161,000	66,382,000	49,989,000	31,487,000	16,564,000	77,764,000	62,371,000	44,668,000	24,750,000	79,167,000	64,228,000	42,940,000
distribution and service fees payable	8,623,000	8,698,000	8,337,000	8,194,000	8,485,000	8,314,000	9,051,000	7,721,000	10,144,000	9,310,000	8,560,000	9,605,000	8,421,000	9,724,000	11,956,000	9,923,000	10,183,000	11,271,000	10,237,000	8,598,000	7,748,000	6,722,000	7,477,000	6,029,000	7,318,000	8,503,000	6,803,000	6,860,000	8,493,000	8,520,000	6,361,000	6,774,000	6,231,000	7,924,000	7,089,000	6,448,000	6,452,000	7,107,000	6,065,000	5,793,000	6,192,000
operating lease liabilities	138,326,000	140,279,000	141,563,000	140,046,000	141,115,000	140,595,000	141,437,000	141,380,000	140,408,000	133,287,000	115,565,000	137,742,000	138,809,000	15,623,000	18,638,000	21,687,000	24,525,000	27,110,000	29,202,000	32,068,000	34,926,000	37,669,000	37,716,000	40,587,000	43,349,000	46,047,000	48,845,000	51,584,000
income tax payable	1,650,000	1,318,000	192,000	6,897,000	4,601,000	1,490,000	646,000	11,140,000	5,115,000	9,202,000	216,000	11,275,000	7,750,000	7,497,000	5,487,000	27,207,000	22,611,000	21,065,000	15,542,000	10,991,000	12,672,000	23,440,000	33,629,000	23,162,000	22,194,000	20,154,000	18,641,000	27,343,000	18,663,000	18,953,000	14,309,000	23,001,000	19,892,000	12,362,000	8,583,000	15,906,000	9,375,000	9,167,000	5,800,000	12,981,000	6,780,000	1,508,000	1,397,000	1,164,000	4,141,000	3,342,000	1,461,000	7,397,000	7,575,000	8,846,000	9,746,000	5,150,000	2,584,000	5,777,000	2,115,000	4,948,000	7,759,000	7,875,000	2,824,000	9,077,000	5,589,000	1,156,000	1,639,000
due to brokers	319,000	123,000	4,096,000	4,232,000	2,111,000	1,325,000	595,000	17,794,000	201,000	2,710,000	1,257,000	1,223,000	835,000	4,460,000	6,021,000	45,819,000	927,000	2,654,000	3,403,000	134,000	501,000	293,000	62,000	82,000	366,000	1,633,000	2,403,000	1,040,000	5,121,000	3,793,000	5,475,000	7,137,000	3,282,000	3,738,000	11,835,000
other liabilities and accrued expenses	13,314,000	11,965,000	14,567,000	14,181,000	10,102,000	14,832,000	14,952,000	10,698,000	21,657,000	13,114,000	23,995,000	17,400,000	12,857,000	13,497,000	15,221,000	13,803,000	10,948,000	11,692,000	9,876,000	10,050,000	15,646,000	11,553,000	10,743,000	13,894,000	13,972,000	13,971,000	9,304,000	8,147,000	13,935,000	10,294,000	9,357,000	10,492,000	10,025,000	8,898,000	9,753,000	7,088,000	9,672,000	8,700,000	7,465,000	7,829,000	8,000,000	15,092,000	11,711,000	13,074,000	13,964,000	15,309,000	14,775,000	17,291,000	18,373,000								14,061,000	11,967,000	9,906,000	12,662,000	9,898,000	9,133,000	8,696,000	9,593,000
total liabilities	242,846,000	222,355,000	208,702,000	193,513,000	237,463,000	215,235,000	199,648,000	205,894,000	243,907,000	217,612,000	181,080,000	193,809,000	246,436,000	113,172,000	101,991,000	143,189,000	148,361,000	138,020,000	111,200,000	81,501,000	123,549,000	116,292,000	111,672,000	96,550,000	135,304,000	127,694,000	109,523,000	106,293,000	95,713,000	79,116,000	62,116,000	63,494,000	86,794,000	69,333,000	62,411,000	45,204,000	67,061,000	58,386,000	40,976,000	40,003,000	62,212,000	49,361,000	34,254,000	26,566,000	52,133,000	45,565,000	35,852,000	41,026,000	51,162,000	45,911,000	46,180,000	60,363,000	58,036,000	48,937,000	46,937,000	50,925,000	43,049,000	34,495,000	27,168,000	44,221,000	31,143,000	20,916,000	20,924,000	40,376,000
commitments and contingencies
redeemable noncontrolling interests	22,805,000	14,585,000	1,250,000	121,710,000	53,460,000	14,491,000	114,570,000	90,909,000	106,463,000	84,119,000	85,518,000	87,249,000	85,335,000	77,530,000	185,998,000	184,656,000	89,143,000	66,032,000	66,081,000	62,365,000	50,665,000	45,420,000	43,073,000	41,601,000	53,412,000	53,109,000	38,104,000	64,354,000	114,192,000
stockholders’ equity:
common stock, 0.01 par value...	583,000	582,000	582,000	582,000	575,000	574,000	574,000	564,000	558,000	558,000	558,000	558,000	551,000	550,000	550,000	550,000	543,000	542,000	542,000	542,000	535,000	535,000	535,000	535,000	527,000	527,000	526,000	525,000	518,000	518,000	518,000	518,000	511,000	511,000	511,000	511,000	504,000	504,000	504,000	503,000	497,000	497,000	497,000	496,000	486,000	486,000	486,000	485,000	477,000	477,000	477,000	477,000	470,000	469,000	469,000	462,000	461,000	461,000	461,000	454,000	454,000	454,000	453,000	448,000
additional paid-in capital	992,948,000	982,023,000	968,684,000	955,669,000	943,281,000	931,510,000	916,006,000	832,496,000	818,269,000	806,145,000	794,159,000	781,300,000	769,373,000	755,487,000	742,144,000	728,644,000	715,847,000	703,790,000	692,719,000	680,466,000	670,142,000	660,689,000	652,579,000	644,397,000	636,788,000	625,822,000	617,726,000	609,854,000	602,272,000	590,827,000	584,035,000	577,169,000	570,486,000	562,738,000	556,383,000	550,249,000	543,829,000	537,293,000	531,700,000	526,017,000	519,855,000	512,943,000	507,180,000	500,604,000	489,266,000	479,835,000	472,914,000	466,007,000	457,138,000	449,568,000	443,623,000	437,206,000	420,373,000	415,818,000	410,747,000	402,573,000	396,437,000	388,752,000	383,996,000	378,081,000	374,051,000	364,497,000	360,458,000	357,886,000
accumulated deficit	-105,806,000	-108,271,000	-117,510,000	-121,933,000	-129,339,000	-144,420,000	-153,360,000	-154,361,000	-158,186,000	-159,082,000	-162,231,000	-165,053,000	-171,417,000	-176,235,000	-193,146,000	-217,453,000	-231,967,000	-211,676,000	-240,744,000	-265,034,000	-291,542,000	-218,643,000	-231,409,000	-240,930,000	-242,461,000	-163,500,000	-179,852,000	-193,523,000	-208,404,000	-96,544,000	-111,333,000	-125,293,000	-137,972,000	-96,926,000	-108,581,000	-118,663,000	-127,957,000	-118,088,000	-129,672,000	-142,266,000	-148,096,000	-118,914,000	-124,380,000	-133,574,000	-142,786,000	-101,783,000	-109,853,000	-121,936,000	-131,366,000	-96,483,000	-105,670,000	-111,861,000	-62,907,000	-65,089,000	-73,101,000	-83,063,000	-92,483,000	-50,145,000	-59,197,000	-65,553,000	-73,973,000		-832,000
accumulated other comprehensive loss	-4,657,000	-4,487,000	-3,958,000	-7,923,000	-10,025,000	-5,414,000	-8,874,000	-8,690,000	-7,708,000	-10,180,000	-8,537,000	-9,213,000	-10,784,000	-14,947,000	-11,051,000	-7,437,000	-5,886,000	-5,986,000	-4,530,000
treasury stock	-321,115,000	-319,555,000	-319,297,000	-318,708,000	-292,781,000	-291,241,000	-291,173,000	-291,069,000	-271,705,000	-270,847,000	-270,797,000	-270,610,000	-250,169,000	-249,225,000	-249,112,000	-248,939,000	-223,354,000	-222,129,000	-222,099,000
total stockholders’ equity attributable to cohen & steers, inc.	561,953,000	550,292,000	528,501,000	507,687,000	511,711,000	491,009,000	463,173,000	378,940,000	381,228,000	366,594,000	353,152,000	336,982,000	337,554,000
nonredeemable noncontrolling interests	49,090,000	14,380,000	12,570,000	11,955,000	9,732,000	7,052,000	6,661,000	4,982,000	4,956,000	5,583,000	5,237,000	5,363,000	4,054,000
total stockholders’ equity	611,043,000	564,672,000	541,071,000	519,642,000	521,443,000	498,061,000	469,834,000	383,922,000	386,184,000	372,177,000	358,389,000	342,345,000	341,608,000				255,183,000				174,239,000				213,703,000				222,646,000	324,241,000	303,005,000		275,536,000	308,590,000	290,053,000	273,361,000	265,814,000	272,239,000	255,203,000	237,588,000	231,776,000	245,942,000	241,905,000	227,639,000	227,981,000	262,003,000	249,872,000	231,362,000	223,557,000	251,008,000	234,412,000	223,289,000	261,111,000	253,924,000	242,736,000	230,512,000	214,623,000	255,937,000	240,813,000	233,365,000	222,493,000	289,182,000	288,037,000	284,869,000
total liabilities, redeemable noncontrolling interests and stockholders’ equity	876,694,000	801,612,000	751,023,000	834,865,000	812,366,000	727,787,000	784,052,000	680,725,000	736,554,000	673,908,000	624,987,000	623,403,000	673,379,000				492,687,000
stockholders' equity:
total stockholders' equity														315,630,000	289,385,000	255,365,000		264,541,000	225,888,000	189,227,000		235,754,000	213,543,000	195,504,000		278,901,000	256,375,000	235,161,000				283,843,000
total liabilities, redeemable noncontrolling interests and stockholders' equity														506,332,000	577,374,000	583,210,000		468,593,000	403,169,000
assets
deferred income tax asset—net																				2,065,000	6,995,000	7,073,000	6,902,000	6,836,000	7,091,000	7,119,000	7,178,000	7,130,000	7,200,000	6,686,000	3,845,000	1,794,000	5,812,000	6,705,000	4,450,000		5,619,000	4,040,000	2,176,000	595,000	5,551,000	2,941,000	4,295,000		15,108,000	13,421,000	11,047,000	9,053,000	14,144,000	11,279,000	8,978,000	6,512,000	6,812,000	5,379,000	3,710,000	9,233,000	7,415,000	4,929,000	3,415,000	8,058,000	6,560,000	3,962,000	2,745,000	6,649,000
liabilities and stockholders' equity
accrued compensation																				19,660,000	52,056,000	36,615,000	22,045,000	12,796,000	48,105,000	37,386,000	23,527,000	11,319,000	43,685,000	31,693,000	20,737,000	10,156,000	41,370,000	30,357,000	19,038,000	9,536,000	35,333,000	26,545,000	15,266,000	6,941,000	30,503,000	22,175,000	15,261,000	6,651,000	28,300,000	21,136,000	13,786,000	6,490,000	25,214,000	19,501,000	13,356,000	7,417,000	22,511,000	13,566,000	5,954,000	23,337,000	19,412,000	12,694,000	5,870,000	20,273,000	13,342,000	8,197,000	3,767,000	12,009,000
accumulated other comprehensive loss, net of tax																				-4,729,000		-6,065,000	-7,422,000	-7,826,000		-9,123,000	-7,223,000	-6,925,000		-6,143,000	-5,843,000	-4,228,000		-3,915,000	-4,511,000	-5,019,000		-2,793,000	-2,755,000	-2,654,000		-11,947,000	-4,809,000
less: treasury stock, at cost, 5,983,474 and 5,674,510 shares at march 31, 2021 and december 31, 2020, respectively																				-222,018,000
total liabilities and stockholders' equity																				333,093,000		397,466,000	368,288,000	333,655,000		459,704,000	404,002,000	405,808,000				428,941,000
operating lease right-of-use assets																					31,203,000	33,649,000	33,395,000	35,961,000	38,440,000	40,833,000	43,432,000	45,977,000
liabilities and stockholders’ equity
accumulated other comprehensive income, net of tax																					-4,134,000				-6,326,000				-7,323,000				-3,671,000				-5,885,000				-3,843,000			-3,775,000	-1,582,000	831,000	3,593,000	3,080,000	2,989,000	3,119,000	1,603,000	2,984,000	887,000	350,000	2,154,000	-225,000	-574,000	5,911,000	4,464,000	2,971,000	4,537,000	233,000	10,071,000	11,119,000
less: treasury stock, at cost, 5,674,510 and 5,329,820 shares at december 31, 2020 and 2019, respectively																					-200,762,000
total liabilities and stockholders’ equity																					348,453,000				402,419,000				432,551,000	488,185,000	450,116,000		410,125,000	423,999,000	397,883,000	319,540,000	333,728,000	331,493,000	297,070,000	278,280,000	305,322,000	296,023,000	277,011,000	255,002,000	280,721,000	327,334,000	293,130,000	274,231,000	274,926,000	297,111,000	353,201,000	354,336,000	365,916,000	335,785,000	318,150,000	286,233,000	258,108,000	293,811,000	271,785,000	277,586,000	253,636,000	312,050,000	308,961,000	328,711,000
less: treasury stock, at cost, 5,674,510 and 5,329,820 shares at september 30, 2020 and december 31, 2019, respectively																						-200,762,000
less: treasury stock, at cost, 5,674,168 and 5,329,820 shares at june 30, 2020 and december 31, 2019, respectively																							-200,740,000
less: treasury stock, at cost, 5,673,028 and 5,329,820 shares at march 31, 2020 and december 31, 2019, respectively																								-200,672,000
less: treasury stock, at cost, 5,329,820 and 5,050,285 shares at december 31, 2019 and 2018, respectively																									-174,825,000
less: treasury stock, at cost, 5,329,820 and 5,050,285 shares at september 30, 2019 and december 31, 2018, respectively																										-174,825,000
less: treasury stock, at cost, 5,329,386 and 5,050,285 shares at june 30, 2019 and december 31, 2018, respectively																											-174,802,000
less: treasury stock, at cost, 5,328,768 and 5,050,285 shares at march 31, 2019 and december 31, 2018, respectively																												-174,770,000
deferred rent																													5,816,000	5,863,000	5,877,000	5,934,000	5,994,000	6,054,000	6,113,000	6,172,000	6,229,000	6,290,000	6,353,000	6,410,000	6,368,000	6,089,000	5,885,000	5,677,000	5,728,000	5,778,000	5,830,000									1,679,000	1,817,000	1,959,000	2,097,000	2,209,000	2,314,000	2,430,000	2,560,000	2,656,000
less: treasury stock, at cost, 5,050,285 and 4,789,608 shares at december 31, 2018 and 2017, respectively																													-164,417,000
redeemable noncontrolling interest																														84,828,000	84,995,000	81,604,000	47,795,000	46,076,000	45,419,000	975,000	853,000	868,000	891,000	689,000	11,334,000	720,000	852,000	797,000	607,000	19,766,000	7,406,000	1,843,000	207,000	192,000	72,609,000	70,684,000	46,769,000	32,924,000	28,477,000	4,796,000	436,000	3,379,000	3,804,000			1,952,000		3,466,000
less: treasury stock, at cost, 5,050,285 and 4,789,608 shares at september 30, 2018 and december 31, 2017, respectively																														-164,417,000
less: treasury stock, at cost, 5,049,225 and 4,789,608 shares at june 30, 2018 and december 31, 2017, respectively																															-164,372,000
less: treasury stock, at cost, 5,048,878 and 4,789,608 shares at march 31, 2018 and december 31, 2017, respectively																																-164,323,000
trading investments																																	74,856,000	74,684,000	73,556,000	15,162,000	12,689,000	12,742,000	12,823,000	12,778,000	37,169,000	12,851,000	8,863,000	9,395,000	9,509,000
equity method investments																																	6,176,000	5,986,000	5,892,000	6,170,000	6,459,000	21,378,000	21,402,000	31,914,000	16,974,000	6,309,000	7,447,000	27,465,000	28,550,000	107,000	26,634,000	25,637,000	24,724,000	24,301,000
available-for-sale investments																																	27,074,000	26,187,000	28,257,000	38,843,000	35,396,000	25,519,000	30,931,000	18,144,000	17,191,000	30,531,000	38,420,000	21,320,000	21,269,000
less: treasury stock, at cost, 4,789,608 and 4,524,694 shares at december 31, 2017 and 2016, respectively																																	-153,818,000
less: treasury stock, at cost, 4,789,608 and 4,524,694 shares at september 30, 2017 and december 31, 2016, respectively																																		-153,818,000
less: treasury stock, at cost, 4,787,883 and 4,524,694 shares at june 30, 2017 and december 31, 2016, respectively																																			-153,749,000
deferred income tax liability—net																																				54,000
less: treasury stock, at cost, 4,787,094 and 4,524,694 shares at march 31, 2017 and december 31, 2016, respectively																																				-153,717,000
less: treasury stock, at cost, 4,524,694 and 4,250,476 shares at december 31, 2016 and december 31, 2015, respectively																																					-144,677,000
due from broker																																						2,387,000	1,923,000	964,000	6,104,000	6,111,000	1,784,000	1,315,000	1,805,000	5,063,000	4,071,000	2,681,000	2,906,000															28,234,000
due to broker																																						577,000	27,000	49,000	4,369,000	4,497,000
less: treasury stock, at cost, 4,524,694 and 4,250,476 shares at september 30, 2016 and december 31, 2015, respectively																																						-144,677,000
less: treasury stock, at cost, 4,522,272 and 4,250,476 shares at june 30, 2016 and december 31, 2015, respectively																																							-144,574,000
less: treasury stock, at cost, 4,508,617 and 4,250,476 shares at march 31, 2016 and december 31, 2015, respectively																																								-144,012,000
less: treasury stock, at cost, 4,250,476 and 3,800,920 shares at december 31, 2015 and december 31, 2014, respectively																																									-136,637,000
income tax receivable																																										4,033,000	10,839,000	5,839,000															543,000					777,000
less: treasury stock, at cost, 4,250,476 and 3,800,920 shares at september 30, 2015 and december 31, 2014, respectively																																										-136,637,000
less: treasury stock, at cost, 4,248,788 and 3,800,920 shares at june 30, 2015 and december 31, 2014, respectively																																											-136,583,000
goodwill																																												17,862,000	19,120,000	19,611,000	20,591,000	20,675,000	20,672,000	20,448,000	19,950,000	19,782,000	19,824,000	19,666,000	20,245,000	19,934,000	20,337,000	21,337,000	21,053,000	20,334,000	20,552,000	19,255,000	20,441,000	21,196,000
intangible assets—net																																												1,590,000	1,612,000	1,635,000	1,657,000	1,679,000	1,701,000	1,724,000	1,746,000	1,768,000	1,813,000	1,835,000	1,857,000	1,879,000	1,902,000	1,924,000	1,946,000	1,968,000	1,991,000	2,013,000	2,035,000	2,057,000
less: treasury stock, at cost, 4,236,934 and 3,800,920 shares at march 31, 2015 and december 31, 2014, respectively																																												-136,112,000
less: treasury stock, at cost, 3,800,920 and 3,481,942 shares at december 31, 2014 and december 31, 2013, respectively																																													-117,403,000
securities owned																																														59,376,000	49,822,000	17,855,000	15,668,000								5,877,000	10,146,000	9,627,000			11,160,000		17,621,000
investments, available-for-sale																																														21,814,000	7,328,000	6,932,000	10,449,000	13,539,000	14,010,000	25,747,000	24,383,000	26,112,000	25,786,000	27,133,000	25,657,000	19,450,000	20,181,000	16,954,000	29,949,000	25,560,000	46,242,000	45,758,000
less: treasury stock, at cost, 3,800,014 and 3,481,942 shares at september 30, 2014 and december 31, 2013, respectively																																														-117,366,000
less: treasury stock, at cost, 3,797,741 and 3,481,942 shares at june 30, 2014 and december 31, 2013, respectively																																															-117,268,000
dividend payable																																																9,848,000				8,851,000			7,875,000				6,471,000
less: treasury stock, at cost, 3,773,060 and 3,481,942 shares at march 31, 2014 and december 31, 2013, respectively																																																-116,274,000
securities sold but not yet purchased																																																																16,118,000
less: treasury stock, at cost, 3,481,942 and 3,239,093 shares at december 31, 2013 and december 31, 2012, respectively																																																	-105,681,000
securities owned (26,002)* (8,499 and 849)**																																																		11,507,000
due from broker (12,358)*																																																		1,838,000	31,561,000
other assets (103)*																																																		6,517,000	7,295,000
securities sold but not yet purchased (14,685)*
other liabilities and accrued expenses (335)*																																																		17,564,000	23,078,000
less: treasury stock, at cost, 3,481,712 and 3,239,093 shares at september 30, 2013 and december 31, 2012, respectively																																																		-105,673,000
securities owned (26,002)* (12,357 and 849)**																																																			99,638,000
equity investments																																																			7,532,000	8,349,000	7,770,000	8,554,000	8,676,000	7,868,000	33,506,000	38,755,000	38,127,000	43,979,000	41,313,000	40,766,000	37,542,000
less: treasury stock, at cost, 3,480,161 and 3,239,093 shares at june 30, 2013 and december 31, 2012 respectively																																																			-105,621,000
securities owned (25,955 and 26,002)* (935 and 849)**																																																				113,630,000
due from broker (10,956 and 12,358)*																																																				25,591,000
other assets (73 and 103)*																																																				6,265,000
securities sold but not yet purchased (12,536 and 14,685)*																																																				12,536,000
other liabilities and accrued expenses (309 and 335)*																																																				26,409,000
less: treasury stock, at cost, 3,477,413 and 3,239,093 shares at march 31, 2013 and december 31, 2012 respectively																																																				-105,517,000
securities owned (24,946 and 21,952)*																																																					91,441,000
due from broker (10,064 and 10,321)*																																																					14,234,000
other assets (310 and 209)*																																																					7,812,000
securities sold but not yet purchased (12,598 and 9,277)*																																																					12,598,000
other liabilities and accrued expenses (226 and 493)*																																																					20,343,000
less: treasury stock, at cost, 3,238,859 and 2,986,913 shares at september 30, 2012 and december 31, 2011 respectively																																																					-97,712,000
securities owned (26,655 and 21,952)*																																																						76,886,000
due from broker (10,259 and 10,321)*																																																						14,330,000
other assets (256 and 209)*																																																						5,768,000
securities sold but not yet purchased (12,304 and 9,277)*																																																						12,305,000
other liabilities and accrued expenses (370 and 493)*																																																						17,289,000
less: treasury stock, at cost, 3,236,252 and 2,986,913 shares at june 30, 2012 and december 31, 2011 respectively																																																						-97,624,000
securities owned (26,006 and 21,952) *																																																							76,253,000
due from broker (13,124 and 10,321) *																																																							20,554,000
other assets (461 and 209) *																																																							5,987,000
securities sold but not yet purchased (14,373 and 9,277) *																																																							14,373,000
other liabilities and accrued expenses (330 and 493) *																																																							16,620,000
less: treasury stock, at cost, 3,233,524 and 2,986,913 shares at march 31, 2012 and december 31, 2011, respectively																																																							-97,533,000
securities owned (21,952) *																																																								25,304,000
due from broker (10,321) *																																																								10,443,000
other assets (209) *																																																								5,825,000
securities sold but not yet purchased (9,277) *																																																								9,277,000
other liabilities and accrued expenses (493) *																																																								11,684,000
less: treasury stock, at cost, 2,986,913 and 2,754,696 shares at december 31, 2011 and december 31, 2010, respectively																																																								-89,235,000
less: treasury stock, at cost, 2,986,308 and 2,754,696 shares at september 30, 2011 and december 31, 2010, respectively																																																									-89,218,000
less: treasury stock, at cost, 2,981,392 and 2,754,696 shares at june 30, 2011 and december 31, 2010, respectively																																																										-89,042,000
deferred commissions—net																																																											961,000	785,000	674,000	573,000	562,000	523,000
less: treasury stock, at cost, 2,976,985 and 2,754,696 shares at march 31, 2011 and december 31, 2010, respectively																																																											-88,911,000
less: treasury stock, at cost, 2,754,696 and 2,594,982 shares at december 31, 2010 and 2009, respectively																																																												-82,588,000
less: treasury stock, at cost, 2,754,265 and 2,594,982 shares at september 30, 2010 and december 31, 2009, respectively																																																													-82,576,000
retained earnings																																																														6,447,000
less: treasury stock, at cost, 2,748,404 and 2,594,982 shares at june 30, 2010 and december 31, 2009, respectively																																																														-82,449,000
dividends payable																																																															4,262,000
less: treasury stock, at cost, 2,734,870 and 2,594,982 shares at march 31, 2010 and december 31, 2009, respectively																																																															-82,113,000
equity investment																																																																10,842,000
(accumulated deficit) retained earnings																																																																-5,382,000
less: treasury stock, at cost, 2,594,982 and 2,422,139 shares at december 31, 2009 and 2008, respectively																																																																-79,202,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31

cash flows from operating activities:
net income	30,703,000	41,634,000	41,772,000	43,289,000	43,018,000	55,283,000	30,077,000	34,414,000	42,637,000	25,169,000	32,505,000	36,298,000	36,882,000	39,614,000	26,149,000	46,841,000	69,931,000	51,387,000	52,406,000	52,430,000	929,000	34,006,000	32,162,000	8,068,000	37,960,000	36,398,000	32,649,000	39,977,000	25,298,000	29,731,000	25,569,000	28,924,000	20,806,000	25,738,000	22,998,000	22,944,000	26,191,000	23,831,000	24,921,000	17,867,000	5,828,000	16,964,000	20,774,000	20,771,000	15,173,000	18,037,000	22,924,000	19,600,000	19,428,000	19,817,000	8,509,000	15,501,000	12,567,000	15,027,000	18,258,000	16,074,000	9,542,000	15,759,000	12,902,000	12,751,000	13,163,000	11,601,000	8,890,000
adjustments to reconcile net income to net cash from operating activities:
stock-based compensation expense—net	10,085,000	12,337,000	12,161,000	11,379,000	10,869,000	14,515,000	13,919,000	12,998,000	11,134,000	10,924,000	11,712,000	10,698,000	12,890,000	12,323,000	12,382,000	11,757,000	9,471,000	10,213,000	11,432,000	9,348,000	7,335,000	7,441,000	7,591,000	6,970,000
depreciation and amortization	3,058,000	2,997,000	2,828,000	2,831,000	2,870,000	2,741,000	2,889,000	2,669,000	2,757,000	36,000	1,119,000	1,230,000	1,407,000	1,432,000	1,345,000	1,368,000	-6,356,000	3,975,000	6,904,000	1,167,000	1,128,000	1,144,000	1,228,000	1,152,000	1,079,000	1,100,000	1,115,000	1,102,000	1,068,000	1,138,000	1,205,000	1,062,000	1,527,000	1,698,000	1,827,000	2,065,000	2,016,000	2,004,000	1,693,000	1,897,000	1,513,000	1,545,000	2,103,000	1,052,000	1,169,000	1,090,000	1,103,000	1,262,000	1,496,000	1,423,000	1,340,000	1,347,000	1,384,000	1,438,000	1,396,000	1,296,000	1,279,000	1,295,000	1,186,000	1,138,000	1,126,000	1,113,000	1,154,000
non-cash lease expense	1,307,000	1,318,000	1,404,000	1,225,000	1,160,000
loss from investments—net	2,248,000	-692,000	-6,715,000	-3,553,000	1,359,000	-18,975,000	2,018,000	-984,000	-14,299,000	10,056,000	-356,000	308,000	-5,820,000	5,920,000	28,573,000	-3,567,000	-6,865,000	418,000	-7,778,000	-4,559,000	-7,315,000	-3,279,000	-7,317,000	22,027,000	-1,463,000	-4,472,000	-1,874,000	-13,864,000	9,572,000	-413,000	603,000	4,502,000
deferred income taxes	-1,429,000	-1,488,000	-2,231,000	5,709,000	-396,000	-1,058,000	-3,007,000	4,164,000	8,531,000	-8,474,000	-2,889,000	3,369,000	246,000	-3,279,000	-1,652,000	3,486,000	-1,709,000	-2,325,000	-781,000	4,919,000	64,000	-179,000	-59,000	281,000	-12,000	74,000	-24,000	58,000	-500,000	-2,856,000	-2,005,000	3,988,000	819,000	-2,276,000	-4,263,000	5,406,000	-1,725,000	-1,736,000	-1,505,000	4,066,000	-2,505,000	1,436,000	-4,418,000	12,879,000	-926,000	-2,292,000	-1,889,000	4,828,000	-1,977,000	-2,202,000	-2,379,000	3,471,000	-1,362,000	-1,597,000	4,913,000	-1,763,000	-1,589,000	-1,462,000	4,399,000	-1,473,000	-1,005,000	-1,192,000	3,893,000
foreign currency loss	81,000	-914,000	1,050,000	902,000	3,103,000	-2,309,000	-626,000	1,070,000	-1,396,000	36,000	690,000	-117,000	-1,187,000	312,000	1,488,000	974,000	-471,000	350,000	1,036,000	1,059,000	-710,000	-314,000	-403,000	158,000	49,000	118,000	19,000	-177,000	-545,000	1,525,000	367,000	-1,136,000	-31,000	174,000														760,000			-820,000	1,750,000			953,000				2,000				117,000
amortization of premium (discount) on u.s. treasury securities—net	59,000	-354,000			256,000	-1,410,000
changes in operating assets and liabilities:
accounts receivable	-11,729,000	4,444,000	5,878,000	-3,893,000	1,181,000	-11,097,000	10,688,000	-7,510,000	2,796,000	-7,108,000	9,140,000	-6,254,000	9,838,000	-3,442,000	12,221,000	-6,307,000	5,523,000	-10,740,000	-7,831,000	-3,336,000	-1,876,000	-14,785,000	12,067,000	-4,716,000	6,464,000	-11,370,000	5,592,000	-9,415,000	10,274,000	-11,049,000	12,063,000	-8,026,000	8,518,000	-11,880,000	9,589,000	-13,840,000	12,965,000	-14,494,000	6,410,000	-8,294,000	7,922,000	-7,996,000	10,041,000	-10,691,000	9,944,000	-10,694,000	8,178,000	-9,344,000	11,529,000	-6,346,000	12,306,000	-14,602,000	-12,195,000	6,961,000	-14,947,000	11,178,000	-10,827,000	2,721,000	-9,012,000	2,157,000	-8,777,000	3,722,000	-6,229,000
due from brokers	724,000	-441,000	-10,045,000	-2,960,000	787,000	-23,596,000	13,040,000	-11,804,000	-1,918,000	-213,000	-192,000	-282,000	814,000	531,000	56,452,000	-59,429,000	-431,000	4,059,000	-1,133,000	-956,000	-2,682,000	-1,946,000	-352,000	1,598,000	1,934,000	-994,000	1,274,000	-1,225,000	-7,990,000	5,185,000	355,000	-5,361,000	138,000	7,885,000
investments held by consolidated funds
other assets	1,293,000	515,000	450,000	-2,704,000	-857,000	-134,000	-483,000	-3,284,000	2,644,000	-2,830,000	-1,338,000	-5,744,000	1,337,000	-2,907,000	2,595,000	4,204,000	4,531,000	-81,000	2,862,000	-2,978,000	423,000	5,355,000	-4,206,000	-2,343,000	3,405,000	-3,661,000	3,433,000	-3,297,000	-524,000	-690,000	262,000	-1,737,000	-87,000	-263,000	-182,000	-44,000	-1,654,000	854,000	121,000	-763,000	-1,066,000	707,000	397,000	-1,304,000	1,276,000	1,545,000	-2,436,000	424,000	-752,000	1,298,000	-248,000	1,244,000	-1,726,000	324,000	107,000	-425,000	-521,000	-338,000	-313,000	498,000	194,000	-839,000	693,000
accrued compensation and benefits	20,642,000	20,025,000	19,984,000	-51,086,000	22,370,000	15,712,000	15,806,000	-49,221,000	16,393,000	18,502,000	14,923,000	-61,200,000	15,393,000	17,703,000	19,918,000	-54,417,000	14,939,000	21,288,000
distribution and service fees payable	-75,000	361,000	143,000	-291,000	171,000	-737,000	1,330,000	-2,423,000	834,000	750,000	-1,045,000	1,184,000	-1,303,000	-2,232,000	2,033,000	-260,000	-1,088,000	1,034,000	1,639,000	850,000	1,026,000	-755,000	1,448,000	-1,289,000	-1,185,000	1,700,000	-57,000	-1,633,000	-27,000	2,159,000	-413,000	543,000	-1,693,000	835,000	641,000	-4,000	-655,000	1,042,000	272,000	-399,000
operating lease liabilities	-1,899,000	-1,403,000	-1,495,000	-1,492,000	1,050,000	-1,257,000	-1,550,000	826,000	-253,000	21,998,000	-1,479,000	-1,067,000	-2,887,000	-3,015,000	-3,049,000	-2,984,000	-2,929,000	-2,897,000	-2,866,000	-2,858,000	-5,634,000	-47,000	-2,871,000	-2,762,000	-2,698,000	-2,798,000	-2,739,000	-2,720,000
due to brokers	225,000	-1,636,000	3,828,000	2,574,000	1,388,000	23,311,000	-16,535,000	16,917,000	-2,543,000	1,442,000	26,000	1,184,000	-4,395,000	2,687,000	-40,006,000	44,760,000	-1,606,000	-846,000	3,269,000	-367,000	208,000	231,000	-20,000	-284,000	-1,267,000	-368,000	1,363,000	317,000	1,328,000	-1,682,000	-1,662,000	3,855,000		-8,097,000
income tax payable	232,000	4,515,000	-11,864,000	2,053,000	3,087,000	2,726,000	-11,479,000	5,504,000	-3,988,000	11,141,000	-13,411,000	3,515,000	-239,000	2,271,000	-21,591,000	4,523,000	1,544,000	5,584,000	4,547,000	-1,684,000	-10,886,000	-10,189,000	10,467,000	968,000	2,040,000	1,513,000	-8,702,000	8,680,000	-290,000	4,644,000	-8,692,000	3,109,000	7,530,000	3,779,000	-7,323,000	6,531,000	178,000	3,392,000	-7,038,000	5,578,000	5,272,000	123,000	238,000	-402,000	830,000	1,894,000	-5,936,000	192,000	-1,271,000	-900,000	4,604,000	-3,459,000	-3,182,000	3,656,000	-2,264,000	-2,813,000	-112,000	5,036,000	-6,499,000	3,486,000	2,455,000	-483,000	1,599,000
other liabilities and accrued expenses	475,000	-4,206,000	1,363,000	1,757,000	-3,897,000	-5,484,000	4,176,000	-11,171,000	1,642,000	-1,345,000	-2,410,000	3,507,000	-1,166,000	1,948,000	-84,000	855,000	-4,831,000	1,001,000	1,747,000	-5,594,000	3,381,000	546,000	-3,031,000	-459,000	103,000	4,685,000	1,473,000	-5,454,000	3,125,000	1,105,000	-948,000	647,000	1,064,000	-387,000	2,850,000	-2,581,000	1,140,000	1,317,000	-250,000	15,000	746,000	2,748,000	-971,000	-1,077,000	28,000	621,000	3,483,000	-2,792,000	516,000	9,292,000	-3,753,000	7,638,000	2,344,000	1,042,000	3,203,000	-2,460,000	2,913,000	1,392,000	-2,684,000	2,839,000	884,000	512,000	-558,000
net cash from operating activities	1,058,000	55,083,000	-67,637,000	-108,948,000	34,827,000	25,625,000	31,374,000	4,863,000	58,577,000	74,669,000	53,681,000	-14,966,000	58,033,000	52,417,000	57,679,000	-106,449,000	71,935,000	80,943,000	81,110,000	8,913,000	1,998,000	31,587,000	61,154,000	-5,553,000	67,667,000	27,871,000	75,410,000	-29,503,000	33,275,000	33,259,000	35,136,000	-29,072,000	53,608,000	32,201,000	-19,744,000	-1,812,000	54,200,000	30,070,000	33,219,000	-2,531,000	21,442,000	32,173,000	35,839,000	342,000	35,661,000	16,083,000	2,933,000	-95,000	34,790,000	41,497,000	26,028,000	-26,443,000	-5,267,000	39,794,000	-56,267,000	28,659,000	19,980,000	34,442,000	-10,636,000	26,944,000	12,867,000	9,230,000	4,999,000
capital expenditures	-282,000	-2,488,000	-2,134,000	-1,075,000	-1,678,000	-1,408,000	-4,239,000	-4,326,000	-10,847,000	-26,008,000	-15,545,000	-4,586,000	-1,275,000	-1,386,000	-881,000	-681,000	-815,000	-996,000	-453,000	-431,000	-540,000	-398,000	-721,000	-843,000	-555,000	-614,000	-594,000	-989,000	-966,000	-751,000	-847,000	-906,000	-801,000	-889,000	-903,000	-649,000	-2,829,000	-2,121,000	-3,785,000	-1,448,000	-787,000	-827,000	0		-1,027,000	-2,728,000	-1,456,000	-705,000	-1,903,000	-1,501,000	-1,410,000	-1,416,000	-798,000	-505,000	-1,054,000	-708,000	-984,000	-500,000	-735,000	-1,140,000	-945,000	-363,000	-406,000
free cash flows	776,000	52,595,000	-69,771,000	-110,023,000	33,149,000	24,217,000	27,135,000	537,000	47,730,000	48,661,000	38,136,000	-19,552,000	56,758,000	51,031,000	56,798,000	-107,130,000	71,120,000	79,947,000	80,657,000	8,482,000	1,458,000	31,189,000	60,433,000	-6,396,000	67,112,000	27,257,000	74,816,000	-30,492,000	32,309,000	32,508,000	34,289,000	-29,978,000	52,807,000	31,312,000	-20,647,000	-2,461,000	51,371,000	27,949,000	29,434,000	-3,979,000	20,655,000	31,346,000	35,839,000		34,634,000	13,355,000	1,477,000	-800,000	32,887,000	39,996,000	24,618,000	-27,859,000	-6,065,000	39,289,000	-57,321,000	27,951,000	18,996,000	33,942,000	-11,371,000	25,804,000	11,922,000	8,867,000	4,593,000
cash flows from investing activities:
purchases of investments	-77,818,000	-143,822,000	-85,447,000	-76,329,000	-79,582,000	-104,917,000	-139,400,000	-93,560,000	-37,197,000	-86,989,000	-6,680,000	-38,536,000	-12,854,000	-58,625,000	-37,388,000	-36,478,000	-9,644,000	-11,187,000	-15,795,000	-17,417,000	-12,284,000	-49,924,000	879,000	-9,634,000	-3,167,000	-29,045,000	5,965,000	-24,696,000	-2,862,000	-53,350,000	-3,489,000	-3,856,000
proceeds from sales and maturities of investments	117,180,000	111,054,000	90,112,000	79,405,000	104,370,000	67,246,000	69,257,000	68,525,000	61,301,000	16,186,000	26,010,000	8,115,000	56,181,000	58,703,000	25,040,000	6,787,000	20,839,000	11,303,000	15,196,000	57,048,000	20,630,000	44,324,000	4,343,000	2,392,000		26,450,000	9,590,000	34,420,000
purchases of property and equipment	-282,000	-2,488,000	-2,134,000	-1,075,000	-1,678,000	-1,408,000	-4,239,000	-4,326,000	-10,847,000	-26,008,000	-15,545,000	-4,586,000	-1,275,000	-1,386,000	-881,000	-681,000	-815,000	-996,000	-453,000	-431,000	-540,000	-398,000	-721,000	-843,000	-555,000	-614,000	-594,000	-989,000	-966,000	-751,000	-847,000	-906,000	-801,000	-889,000	-903,000	-649,000	-2,829,000	-2,121,000	-3,785,000	-1,448,000	-787,000	-827,000			-1,027,000	-2,728,000	-1,456,000	-705,000	-1,903,000	-1,501,000	-1,410,000	-1,416,000	-798,000	-505,000	-1,054,000	-708,000	-984,000	-500,000	-735,000	-1,140,000	-945,000	-363,000	-406,000
net cash from investing activities	39,080,000	-35,256,000	2,531,000	2,001,000	23,110,000	-39,079,000	-74,382,000	-29,361,000	13,257,000	-96,811,000	3,785,000	-35,007,000	42,052,000	-1,308,000	-13,229,000	-30,372,000	10,380,000	-880,000	-1,052,000	39,200,000	7,812,000	-6,071,000	4,501,000	-8,012,000	15,428,000	-3,179,000	14,961,000	8,739,000	-1,176,000	-47,836,000	-1,439,000	-2,743,000	-1,074,000	1,065,000	9,166,000	-3,448,000	1,906,000	4,656,000	-2,081,000	-1,583,000	-817,000	339,000	914,000	-39,000	-1,088,000	7,944,000	-848,000	3,827,000	2,532,000	5,335,000	9,992,000	157,000	2,078,000	1,406,000	155,000	11,265,000	-10,965,000	490,000	-3,825,000	12,751,000	7,977,000	11,568,000	-25,000
cash flows from financing activities:
proceeds from issuance of common stock under employee stock purchase plan	182,000	200,000	250,000	329,000	189,000	257,000
proceeds from issuance of common stock from offering, net of issuance costs					0	0
repurchase of common stock for employee tax withholding	-1,560,000	-258,000	-621,000	-25,977,000	-1,540,000	-68,000	-134,000	-19,364,000
dividends to stockholders	-31,754,000	-31,747,000	-31,713,000	-31,710,000	-29,996,000	-29,984,000	-29,900,000	-29,301,000	-28,087,000	-28,157,000	-28,101,000	-28,101,000	-26,844,000	-26,840,000	-26,836,000	-26,832,000	-82,331,000	-21,766,000	-21,732,000	-21,726,000	-66,518,000	-18,661,000	-18,657,000	-18,653,000	-111,637,000	-17,027,000	-17,026,000	-17,015,000	-132,534,000	-15,452,000	-15,448,000	-15,445,000	-59,369,000	-12,984,000	-12,981,000	-12,979,000	-34,950,000	-11,955,000	-11,950,000	-11,970,000	-34,099,000	-11,364,000	-11,360,000	-11,354,000	-54,675,000	-9,858,000			-53,137,000	-8,855,000			-7,875,000			-6,482,000	-49,680,000			-4,269,000	-89,608,000
net contributions (distributions) from noncontrolling interests	40,715,000	15,222,000	125,891,000	46,830,000	44,453,000	33,356,000	27,034,000	-15,938,000	8,897,000	5,918,000	-2,584,000	2,239,000
other	0	-427,000	0	-15,000	0	0	0	-15,000
net cash from financing activities	7,583,000	-17,010,000	93,807,000	-10,543,000	13,106,000	3,561,000	65,761,000	-64,261,000	-19,892,000	-22,060,000	-30,581,000	-46,519,000	-20,151,000	-9,967,000	445,000	38,648,000	-65,749,000	-21,522,000	-23,660,000	-34,495,000	-66,465,000	-18,246,000	-20,636,000	-43,548,000	-112,444,000	2,961,000	-44,485,000	-16,162,000	-102,819,000	-14,473,000	-7,558,000	6,740,000	-57,958,000	-12,919,000	32,091,000	-21,637,000	-34,871,000	-11,895,000	-12,244,000	-15,532,000	-23,259,000	-11,314,000	-11,582,000	-24,954,000	-46,329,000	2,700,000	-15,649,000	-6,337,000	-53,042,000	-11,173,000	-8,964,000	11,424,000	3,693,000	-10,205,000	18,084,000	-6,413,000	-53,464,000	-12,960,000	-4,713,000	-4,202,000	-87,668,000	-6,832,000	-4,315,000
net increase in cash and cash equivalents	47,721,000	2,817,000	28,701,000	-117,490,000	71,043,000	-9,893,000	22,753,000	-88,759,000	51,942,000	-44,202,000	26,885,000	-96,492,000	79,934,000	41,142,000	44,895,000	-98,173,000	16,566,000	58,541,000	56,398,000	13,618,000	-56,655,000	7,270,000	45,019,000	-57,113,000	-29,349,000	27,653,000	45,886,000	-36,926,000	-70,720,000	-29,050,000	26,139,000	-25,075,000	-5,424,000	20,347,000			21,235,000	22,831,000			-2,634,000	21,198,000			-11,756,000	26,727,000			-15,720,000	35,659,000								21,972,000	-19,174,000	35,493,000	-66,824,000	13,966,000	659,000
effect of foreign exchange rate changes on cash and cash equivalents	256,000	80,000	886,000	471,000	-3,573,000	2,798,000	-102,000	-708,000	2,032,000	-1,320,000	635,000	1,409,000	3,539,000	-3,453,000	-3,143,000	-1,383,000	318,000	-1,298,000	114,000	-133,000	1,582,000	900,000	156,000	-1,279,000	2,373,000	-1,434,000	-163,000	579,000	-1,007,000	-219,000	-1,054,000	267,000	3,000	112,000	216,000	348,000	-1,118,000	-398,000	-1,124,000	-168,000	-885,000	-758,000	1,143,000	-794,000	-1,113,000	-1,248,000	147,000	73,000
cash and cash equivalents, beginning of the year
cash and cash equivalents, end of the year
investments in consolidated funds		-21,929,000	-126,930,000	-115,281,000
cash and cash equivalents, beginning of the period		0	0	183,162,000		0	0	189,603,000		0	0	248,714,000		983,000	0	184,373,000		0	0	41,232,000		0	0	101,352,000		0	0	92,733,000		0	0	193,452,000		0	0	183,234,000		0	0	142,728,000		0	0	124,938,000		0	0	128,277,000		0	0	95,412,000	0	0	127,824,000		0	0	136,191,000		0	0	153,002,000
cash and cash equivalents, end of the period		2,897,000	29,587,000	66,143,000		-7,095,000	22,651,000	100,136,000		-45,522,000	27,520,000	153,631,000		38,672,000	41,752,000	84,817,000		57,243,000	56,512,000	54,717,000		8,170,000	45,175,000	42,960,000		26,219,000	45,723,000	56,386,000		-29,269,000	25,085,000	168,644,000		20,459,000	21,729,000	156,685,000		22,433,000	17,770,000	122,914,000		20,440,000	26,314,000	99,493,000		25,479,000	-13,417,000	125,745,000		36,380,000	27,193,000	80,272,000	967,000	29,668,000	90,605,000		-45,459,000	22,988,000	117,683,000		-64,711,000	12,785,000	152,745,000
amortization of premium (discount) on u.s. treasury securities				593,000				-422,000
investments within consolidated funds																						-23,000	2,579,000	-2,011,000	1,657,000	-17,482,000	20,371,000	-18,543,000	-26,340,000	-12,500,000	-8,285,000	-34,057,000
investments within consolidated investment vehicles						-23,747,000	-30,739,000	11,046,000	-7,085,000	-9,293,000	2,695,000	-5,577,000	-7,436,000	-20,162,000
amortization of right-of-use assets							1,357,000	2,074,000	2,645,000	3,878,000	3,991,000	3,982,000	3,659,000	2,713,000	2,744,000	2,682,000				2,557,000	5,337,000	-254,000	2,566,000	2,479,000	2,393,000	2,599,000	2,545,000	2,511,000
issuance of common stock—net								357,000	156,000	229,000	291,000	387,000	162,000	201,000	305,000	375,000	145,000	227,000	264,000	365,000	149,000	192,000	259,000	259,000
repurchase of common stock									-858,000	-50,000	-187,000	-20,441,000	-944,000	-113,000	-173,000	-25,585,000	-1,225,000	-30,000	-81,000	-21,256,000	0	-22,000	-68,000	-25,847,000	0	-23,000	-32,000	-10,353,000	0	-45,000	-49,000	-10,505,000	0	-69,000	-32,000	-9,040,000	0	-103,000	-562,000	-7,375,000	0	-54,000	-471,000	-18,709,000	-37,000	-98,000	-994,000	-10,593,000	-8,000	-52,000	-104,000	-7,798,000	-88,000	-91,000	-8,298,000	-17,000	-176,000	-131,000	-6,323,000	-12,000	-127,000	-336,000	-2,911,000
debt issuance costs										0	0	-603,000
net contributions (distributions) from redeemable noncontrolling interests														16,785,000	27,149,000	90,690,000
deferred commissions																-180,000	-320,000	-380,000	-382,000	-358,000	-399,000	-333,000	-302,000	-440,000	-561,000	-443,000	-325,000	-299,000	-183,000	-207,000	-244,000	-348,000	-493,000	-449,000	-509,000	-443,000	-512,000	-1,277,000	-1,166,000	-954,000	-760,000	-484,000	-660,000	-668,000	-530,000	-505,000	-555,000	-366,000	-303,000	-350,000	-976,000	-770,000	-913,000	-650,000	-765,000	-368,000	-451,000	-577,000	-519,000	-404,000	-345,000	-243,000	-229,000
investments within consolidated company-sponsored funds																-100,755,000	-17,741,000	-1,097,000	8,000	-8,695,000
distributions to redeemable noncontrolling interests																		-147,000	-4,648,000	-733,000	-250,000	-452,000	-3,376,000	-1,946,000	-7,505,000	-3,952,000	-29,041,000	-2,985,000
contributions from redeemable noncontrolling interests																		194,000	2,537,000	8,855,000	154,000	697,000	1,206,000	2,639,000	6,576,000	23,757,000	1,475,000	13,917,000
proceeds from sales of property and equipment																							0	73,000
amortization of deferred commissions																				347,000	392,000	424,000	442,000	443,000	343,000	267,000	233,000	236,000	294,000	362,000	430,000	473,000												517,000
amortization of premium																				17,000
accrued compensation																				-32,396,000	15,441,000	14,570,000	9,249,000	-35,309,000	10,719,000	13,859,000	12,208,000	-32,366,000	11,992,000	10,956,000	10,581,000	-31,188,000	11,013,000	11,319,000	9,502,000	-25,770,000	8,788,000	11,279,000	8,325,000	-23,537,000	8,328,000	6,914,000	8,610,000	-21,624,000	7,164,000	7,350,000	7,296,000	-18,695,000	5,713,000	6,146,000	5,928,000	-17,939,000	8,944,000	7,612,000	-16,851,000	3,925,000	6,716,000	6,825,000	-14,021,000	6,931,000	5,145,000	4,413,000	-8,097,000
amortization of premium (discount) on held-to-maturity investments																					-14,000	-26,000	-84,000	-84,000	-85,000	-107,000	-242,000	-59,000	-149,000
investments
proceeds from redemptions of equity method investments																									18,000	30,000	0	4,000
proceeds from sales of investments																													2,652,000	6,254,000	2,897,000	1,993,000
stock-based compensation expense																										7,253,000	7,098,000	6,668,000		5,962,000	6,007,000	5,738,000
issuance of common stock																										206,000	139,000	274,000	88,000	132,000	158,000	219,000	100,000	133,000	184,000	219,000	117,000	140,000	179,000	206,000	89,000	109,000	141,000	200,000	86,000	110,000	156,000	139,000	72,000	86,000	116,000	134,000	102,000	118,000	137,000	85,000	94,000	118,000	169,000	78,000	90,000	108,000	150,000
stock compensation expense																																	5,423,000	5,629,000	5,389,000	5,328,000	4,816,000	4,841,000	4,920,000	7,072,000	5,563,000	5,196,000	5,937,000	5,990,000	6,396,000	6,340,000	6,263,000	5,932,000	5,353,000	5,434,000	5,874,000	4,878,000	4,060,000	4,579,000	4,462,000	5,771,000	4,319,000	4,382,000	4,203,000	3,796,000	3,819,000	3,814,000	3,671,000
deferred rent																													-47,000	-14,000	-57,000	-60,000	-60,000	-59,000	-59,000	-57,000	-61,000	-63,000	-57,000	42,000	279,000	204,000	208,000	-51,000	-50,000	-52,000	-46,000	1,532,000	489,000	496,000	489,000	480,000	493,000	-137,000	-130,000	-138,000	-142,000	-138,000	-112,000	-105,000	-116,000	-130,000	-96,000
net proceeds (purchases) from redemptions of equity method investments
distributions to redeemable noncontrolling interest																														-95,000	-2,286,000	-1,952,000	-214,000	0	-38,000	-11,000	-149,000	-12,000	-54,000	-127,000	-3,000				-4,029,000
contributions from redeemable noncontrolling interest																														987,000	10,067,000	34,423,000	1,525,000	1,000	44,958,000	174,000	111,000	35,000	143,000	3,734,000	10,668,000	4,000	44,000	235,000	12,301,000	16,720,000	5,437,000	1,820,000	0	1,213,000	17,608,000	18,890,000	14,054,000	6,620,000	23,444,000					0
proceeds from redemptions of equity method investments—net																																						153,000	157,000	51,000		0	0	4,000		10,440,000	432,000	22,000
distributions from equity method investments																																26,000
loss from trading investments—net																																	-1,045,000	-595,000
equity in losses of affiliates—net																																	-244,000
loss from available-for-sale investments—net																																	6,000	-235,000
trading investments																																	873,000	-533,000	-58,392,000	-2,200,000	-164,000	-294,000	972,000	-4,470,000	-25,062,000	-5,374,000	737,000	-337,000
due to broker																																					-577,000	550,000	-22,000	1,820,000	-128,000
purchases of available-for-sale investments																																	-1,965,000	-2,384,000	-3,007,000	-9,545,000	-923,000	-3,156,000	-1,889,000	-2,128,000	-1,557,000	-1,174,000	-1,523,000	-1,409,000
proceeds from sales of available-for-sale investments																																	1,639,000	4,350,000	13,076,000	6,746,000	5,656,000	9,780,000	3,436,000	1,942,000	347,000	2,340,000	3,250,000	1,366,000
excess tax benefits associated with restricted stock units																																									86,000	-2,000	64,000	4,674,000	25,000	39,000	71,000	2,427,000	31,000	13,000	29,000	1,952,000	26,000	16,000	2,801,000		32,000	9,000	1,441,000
net (purchases) proceeds from redemptions of equity method investments
equity in losses of affiliates																																																							-772,000			-627,000	14,000
(gain) income from trading investments—net																																				-273,000		376,000
equity in losses (earnings) of affiliates																																				289,000								1,081,000												-1,614,000
(gain) income from available-for-sale investments—net																																				-35,000
foreign currency gain																																				1,452,000		40,000	397,000	-1,635,000									309,000				-1,962,000				-596,000				-99,000
due from broker																																				-580,000		-464,000	-959,000	-646,000	7,000	-4,327,000	-469,000	490,000	1,020,000	-992,000	-1,390,000	225,000	-1,068,000	5,330,000	-7,438,000	-5,650,000	1,125,000	4,343,000	-11,817,000				232,000	0	-700,000	0	2,487,000
net decrease in cash and cash equivalents																																				-26,897,000				-19,646,000				-24,651,000				-2,605,000				-14,862,000			-38,028,000
equity in (earnings) losses of affiliates																																						-130,000	-2,640,000	-427,000
income tax receivable																																										6,806,000	-5,000,000	-5,783,000															-543,000	0	0	0	777,000
gain from available-for-sale investments—net																																							-158,000	30,000			-320,000	-100,000
income from trading investments—net																																								207,000
foreign currency (gain) loss																																									-256,000			-852,000
securities sold but not yet purchased																																																	0	0	-12,417,000	-2,268,000	611,000	-3,562,000	5,224,000					0	0	0	-1,171,000
gain from seed investments—net
gain from trading investments—net																																											-205,000	451,000
equity in earnings of affiliates																																														1,571,000	-1,429,000	-935,000		-313,000	427,000	-536,000								-2,825,000			-541,000
proceeds from redemption of equity method investments
amortization, deferred commissions																																														388,000	444,000	545,000	658,000	776,000	810,000	765,000	595,000	545,000	496,000	489,000	497,000	415,000	343,000	293,000	244,000	232,000	190,000
(gain) income from trading securities—net																																														2,690,000
gain from available-for-sale securities—net																																														-760,000	-52,000	-1,076,000	-751,000
securities owned																																														-12,244,000	-29,205,000	-1,204,000	-3,817,000	4,776,000	3,646,000	-16,178,000	-11,543,000	-2,080,000	-45,325,000	4,542,000	3,357,000	-272,000	-234,000	1,000	8,000	-11,531,000	-1,164,000
purchases of investments, available-for-sale																																														-2,448,000	-1,504,000	-2,099,000	-2,016,000	-2,715,000	-3,233,000	-2,231,000	-4,631,000	-5,280,000	-8,624,000	-4,713,000	-16,941,000	-4,911,000	-11,046,000	-4,672,000	-5,644,000	-5,039,000	-4,393,000
proceeds from sales of investments, available-for-sale																																														2,680,000	1,680,000	6,609,000	6,456,000	2,488,000	14,246,000	3,510,000	6,653,000	7,198,000	9,869,000	7,886,000	6,960,000	5,901,000	7,956,000	18,402,000	14,727,000	16,970,000	4,774,000
redemptions of redeemable noncontrolling interest																																															-615,000	-130,000	0	-3,578,000	-8,910,000	-1,754,000	-2,526,000
gain from trading securities—net																																																-983,000	-344,000
effect of foreign exchange rate changes																																																		721,000	137,000	-278,000	463,000	-1,327,000	809,000	-899,000	-1,010,000	1,016,000	666,000
income from trading securities - net
gain from available-for-sale securities - net																																																			-837,000	-491,000	-437,000	84,000	-687,000		368,000	-232,000	-358,000
proceeds from redemptions (purchases) of equity investments
gain from trading securities - net																																																				-1,624,000
proceeds from redemption (purchases) of equity investments																																																				294,000
(gain) income from trading securities - net
proceeds from redemption of equity investments
purchases of equity investments																																																						-7,000	-36,000
loss from trading securities - net																																																							-1,721,000			99,000	378,000
(gain) income from available-for-sale securities - net
excess (reduction of) tax benefits associated with restricted stock units																																																												1,000
redemption of redeemable noncontrolling interest																																																								0
payment of capital lease obligations
impairment
loss from trading securities—net
loss from investments, available-for-sale—net
effect of exchange rate changes																																																												-121,000	2,113,000	-1,181,000	-916,000
loss from trading securities																																																													0
loss from investments, available-for-sale																																																													-2,124,000
reduction of excess tax benefits associated with restricted stock units																																																														-35,000	-1,554,000
proceeds from redeemable noncontrolling interest
gain from trading securities																																																															-189,000
loss from available-for-sale securities																																																															-198,000
equity in net income of affiliate
loss from securities owned
loss from sale of property and equipment
income tax receivable / payable
proceeds from sale and maturities of investments, available-for-sale
proceeds from sale of property and equipment
(reduction of) increase to excess tax benefits associated with restricted stock units

Cohen & Steers, Inc(NYSE:CNS)

Cohen & Steers, Inc
(NYSE:CNS)