Phil Sanders | Chief Executive Officer |
Nicole Russell | Head of Investor Relations |
Tom Butch | Chief Marketing Officer |
Brent Bloss | Chief Financial Officer |
Glenn Schorr | Evercore ISI |
Robert Lee | KBW |
Craig Siegenthaler | Credit Suisse |
Bill Katz | Citigroup |
Michael Carrier | Bank of America Merrill Lynch |
Dan Fannon | Jefferies & Company |
Kenneth Lee | RBC Capital Markets |
Chris Shutler | William Blair |
Good morning ladies and gentlemen and welcome to Waddell & Reed's Third Quarter 2017 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instruction] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please also note that we do ask that you please limit yourselves to one question and a single follow-up.
If you have additional questions, you may rejoin the question queue.