We are an independent investment management firm operating as a next generation, multi-boutique model. Our differentiated model features a scalable operating platform that provides centralized distribution, marketing and operations infrastructure to our select group of Franchises. Our earnings are primarily driven by asset-based fees charged for services related to the investment strategies we deliver and consist of management, fund administration and distribution fees. We sell our products through our centralized distribution model with 100 professionals across both our institutional and retail distribution channels and marketing organizations. We distribute our products through broker-dealers, retirement platforms and RIA networks. We have grown our AUM from $17.9 billion following the management-led buyout with Crestview GP from KeyCorp in August 2013 to $59 billion at September 30, 2017.