Michele Miyakawa | Head, IR |
Kenneth Moelis | Chairman and CEO |
Joseph Simon | CFO |
Ken Worthington | JPMorgan |
Devin Ryan | JMP Securities |
Michael Needham | Bank of America Merrill Lynch |
Jim Mitchell | Buckingham Research |
Conor Fitzgerald | Goldman Sachs Group |
Betsy Graseck | Morgan Stanley |
Good day and welcome to the Moelis & Company Fourth Quarter 2017 Earnings Conference Call and Webcast. 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 Ms.