Mike Daley | IR |
Philip Sanders | CEO |
Benjamin Clouse | CFO |
Amy Scupham | President of Ivy Distributors Inc. |
Shawn Mihal | President of Retail Broker-Dealer |
Jeff Drezner | KBW |
Daniel Fannon | Jefferies |
Kenneth Lee | RBC Capital Markets |
Brian Wu | Citi |
Sameer Murukutla | Bank of America Merrill Lynch |
Mac Sykes | Gabelli |
Good morning and welcome to the Waddell & Reed Financial Incorporated First Quarter 2019 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Mike Daley, VP, Corporate Controller & Investor Relations.