Michael Daley | VP, CAO, IR & Treasurer |
Philip Sanders | CEO & Director |
Brent Bloss | President |
Benjamin Clouse | Waddell & Reed Financial |
Shawn Mihal | President & Director |
Amy Scupham | SVP, Distribution |
Daniel Hanson | SVP & CIO |
Glenn Schorr | Evercore ISI |
Daniel Fannon | Jefferies |
Patrick Davitt | Autonomous Research |
Michael Carrier | Bank of America Merrill Lynch |
Kenneth Lee | RBC Capital Markets |
Robert Lee | KBW |
William Katz | Citigroup |
Michael Cyprys | Morgan Stanley |
Good morning, and welcome to the Waddell & Reed First Quarter 2020 Earnings Conference Call. [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Mike Daley, Vice President, Investor Relations. Please go ahead.