Good morning. Welcome to the WisdomTree, Inc. Annual Meeting of Stockholders. I would now like to turn the conference over to Smita Conjeevaram, Chair of the Board. Please go ahead. Good morning. My name is Smita Conjeevaram, and I'm Chair of the Board of WisdomTree, Inc. It's my pleasure to welcome you this morning to our 2026 Annual Stockholders' Meeting, which is being held virtually. I will serve as chair of the meeting. The meeting will come to order. I would like to introduce Jonathan Steinberg, WisdomTree's Founder and Chief Executive Officer, who will give a business overview. Jono. Good morning, everyone. 2025 was a year of strong execution and meaningful progress for WisdomTree. We end of the year with record assets under management of $144.5 billion, up more than 30% year-over-year, and generated approximately $8.5 billion of net inflows, representing 8% organic growth. Growth was broad-based across the business, with record assets in both the U.S. and Europe, continued traction in digital assets, and our entry into private assets through the acquisition of Ceres Partners. We also expanded adjusted operating margins to 36.5%, up 290 basis points from the prior year and approximately 1,000 basis points over the past two years. Our models and portfolio solutions business continued to gain traction, with model assets under advisement growing to more than $6 billion, up from approximately $3.8 billion at the end of 2024. In digital assets, our tokenization strategy translated into real scale, with tokenized AUM reaching approximately $770 million at year-end. We also continued to broaden the business through our acquisition of Ceres Partners and on May 1st, 2026, completed our acquisition of Atlantic House, enhancing our defined outcome and derivative-driven investing capabilities and expanding our models and portfolio solutions platform into the U.K. wealth market. Looking ahead, we remain focused on deepening client relationships, driving organic growth, enhancing revenue yield, expanding margin, and allocating capital in ways that strengthen WisdomTree's long-term growth profile. Back to you, Smita. Thank you, Jono. Our meeting today will consist of two phases. First, we will take care of the formal business at hand, which is described in our Notice of Annual Meeting of Stockholders and Proxy Statement, dated as of April 29th, 2026, a copy of which has been mailed to our stockholders as of April 23rd, 2026, the record date of the meeting. A copy of the agenda is on our annual meeting web portal. After the review of the proposals, we will provide time for questions pertinent to meeting matters. Following adjournment of the formal proceedings, we will take business-related questions. Only WisdomTree stockholders who have entered their 16-digit control number to participate in this meeting will be able to pose questions online. Before proceeding to the formal business, I would like to introduce our directors. Our outside directors are Lynn S. Blake, Anthony Bossone, Rilla Delorier, Daniela Mielke, Shamla Naidoo, Win Neuger, and Tonia Pankopf. Win Neuger is serving out his remaining term, which expires at this annual meeting and is not standing for re-election. The board sincerely thanks Win for his distinguished service, outstanding leadership, including as a former board chair and chair of Compensation Committee and Nominating and Governance Committee, and his many valuable contributions over years of dedicated service as a director. In addition to Jono, a director and our founder and CEO, I would like to acknowledge our other executive officers. Jarrett Lilien, President and COO, Bryan Edmiston, CFO and Treasurer, Marci Frankenthaler, Chief Legal Officer and Secretary, Alexis Marinof, CEO of WisdomTree Europe, Will Peck, Head of Digital Assets, David Yates, Chief Information Officer, Peter Ziemba, Chief Administrative Officer. Our independent auditor, Ernst & Young, is represented at this meeting by Brenda Fleissner and Justin Chasar. Our outside counsel, Goodwin Procter, is represented by Jocelyn Arel. Thank you. Let's proceed to the formal business of the meeting. Marci Frankenthaler, our Secretary, will act as Secretary of the meeting. Smita, I present to you the affidavit of distribution of Joanne Vogel of Broadridge Financial Solutions, Inc., dated May 4th, 2026. This affidavit states that commencing on April 29th, 2026, notice of the meeting was mailed to all stockholders of record at the close of business on April 23rd, 2026, which is the record date for the meeting. I also present to you a list of the stockholders of record as of the close of business on April 23rd, 2026. A duplicate record has been on file at the company's principal place of business for the last 10 days immediately prior to the date of this meeting and has been available for inspection by any stockholder during that period at any time during normal business hours. The stockholder list also is available to view during the meeting by stockholders who have entered their 16-digit control number to participate in this meeting by clicking on the link located at the bottom of your screen. Rules of conduct for the meeting also are available to view in the meeting materials section located on the right side of your screen. Thank you, Marci. I hereby appoint Henry Farrell to act as Inspector of Election for this meeting. He will tabulate the voting results. The Inspector of Election has signed his oath of office, which will be filed with the minutes of this meeting. Mr. Farrell, do we have a quorum present? Ms. Conjeevaram, of the 152,437,434 shares of common stock entitled to vote at this meeting, at least a majority of the shares are represented either in person or by proxy, and therefore a quorum is present. We may now proceed to transact the business for which this meeting has been called. Let me briefly describe the voting procedures. Stockholders who have previously turned in their proxy or voted by any of the other available means described in the proxy statement and do not want to change their vote do not need to take any further action. Your vote will be counted. It is now 10:07 Eastern Time. If you are eligible to vote and have not submitted your proxy, or if you want to change your vote, the polls are open. You can cast your vote via the annual meeting web portal during the meeting until the polls are closed. Jonathan. The first item of business stated in the notice of annual meeting of stockholders is a vote to elect nine members of the company's board of directors to serve until the 2027 annual meeting of stockholders. Lynn Blake, Tony Bossone, Smita Conjeevaram, Rilla Delorier, Daniela Mielke, Shamla Naidoo, Tonia Pankopf, Frank Salerno, and I, Jonathan Steinberg, have been named in the company's proxy statement as the company's nominee for election as director, each to serve for a one-year term until the 2027 annual meeting of stockholders or until his or her successor is duly elected and qualified. The board of directors recommends stockholders vote for each of the director nominees. The next order of business is to ratify the appointment of Ernst & Young as the independent registered public accounting firm for the company for the fiscal year ending December 31, 2026. The board of directors recommends stockholders vote for the ratification of the appointment of Ernst & Young. The next order of business is to consider an advisory resolution to approve the compensation of the company's named executive officers. Even though this vote will not be binding on, or create or imply any change in the fiduciary duties, or impose any additional fiduciary duties on the company, the board of directors, or the compensation committee, the outcome of the vote will be considered by the board and compensation committee when considering future executive compensation policies. The board of directors recommends stockholders vote for the advisory resolution to approve the compensation of the company's named executive officers. Smita. We will now open the floor to questions concerning the matters to be voted upon. If you would like to ask a question about the matters to be voted upon, please type the question into the portal. Stockholders who are voting during the meeting by electronic means, please do so now. It is now 10:09 Eastern Time on June 17th, 2026, and the polls for each matter to be voted on at this meeting are now closed. No additional proxies of votes and no changes or revocations will be accepted. I will now ask the Inspector of Election to report on the voting results. I remind everyone that these results are based on the votes received prior to the meeting and that the final number will be verified and reported by the Inspector of Election and recorded in the minutes. Is the inspector prepared to announce preliminary voting results? Yes. With regards to Proposal 1, a majority of the votes cast have been voted in favor of the election of the persons nominated. With regards to Proposal 2, a majority of the votes cast have been voted in favor of the ratification of the appointment of Ernst & Young as the company's independent registered accounting firm for the fiscal year ending December 31st, 2026. With regards to Proposal 3, a majority of the votes cast have been voted in favor of an advisory resolution to approve the compensation of the company's named executive officers. Thank you. The final results will be included in our reports filed with the SEC. This ends the formal portion of our meeting. I would like to express my sincere appreciation to the stockholders who attended the meeting and voted. The meeting is now adjourned. At this time, I would like to give everyone a chance to ask business-related questions. Marci, please recite our cautionary statement. The following answers may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. A number of factors could cause actual results to differ materially from the results discussed in forward-looking statements, including but not limited to, the risks set forth in the Risk Factors section in WisdomTree's annual report on Form 10-K for the year ended December 31, 2025, and in subsequent reports filed with the SEC. WisdomTree assumes no duty and does not undertake to update any forward-looking statements. If there are no further questions, this will conclude the 2026 annual stockholders meeting. Thank you for attending and for your commitment to WisdomTree. The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.