Victory Capital Holdings, Inc. (NASDAQ:VCTR) Q2 2022 Earnings Conference Call August 5, 2022 8:00 AM ET

Company Participants

Matthew Dennis – Chief-Staff and Director-Investor Relations

David Brown – Chairman and Chief Executive Officer

Michael Policarpo – President, Chief Financial Officer and Chief Administrative Officer

Conference Call Participants

Craig Siegenthaler – Bank of America

Ken Worthington – JPMorgan

Kenneth Lee – RBC Capital

Michael Brown – KBW

Michael Cyprys – Morgan Stanley

Brennan Hawken – UBS

Operator

Good morning, and welcome to the Victory Capital Second Quarter 2022 Earnings Conference Call. All callers are in a listen-only mode. Following the company’s prepared remarks, there will be a question-and-answer session.

I will now turn the call over to Mr. Matthew Dennis, Chief of Staff and Director of Investor Relations. Please go ahead, Mr. Dennis.

Matthew Dennis

Thank you. Before I turn the call over to David Brown, I would like to remind you that during today’s conference call, we may make a number of forward-looking statements. Please note that Victory Capital’s actual results may differ materially from these statements. Please refer to our SEC filings for a list of some of the risk factors that may cause actual results to differ materially from those expressed on today’s call. Victory Capital assumes no duty and does not undertake any obligation to update any forward-looking statements.

Our press release that was issued after the market closed yesterday disclosed both GAAP and non-GAAP financial results. We believe the non-GAAP measures enhance the understanding of our business and our performance. Reconciliations between these non-GAAP measures and the most comparable GAAP measures are included in tables that can be found in our earnings press release and in the slide presentation accompanying this call, both of which are available on the Investor Relations portion of our website at ir.vcm.com.

It’s now my pleasure to turn the call over to David Brown, Chairman and CEO. David?

David Brown

Thanks, Matt. Good morning, and welcome to Victory Capital’s second quarter 2022 earnings conference call. I’m joined today by Michael Policarpo, our President, Chief Financial and Administrative Officer, as well as Matt Dennis, our Chief Staff and Director of Investor Relations.

I’ll start today by providing an overview of the quarter and first half of the year. Then I will cover our investment performance, which continues to be strong. After that, I will turn the call over to Mike to review the financial results in greater detail. Following our prepared remarks, Mike, Matt and I will be available to take your questions.