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October 25, 2011 10:00 am ET
Henry J. Herrmann – Chairman of the Board, Chief Executive Officer
Nicole McIntosh – Vice President, Investor Relations
Daniel P. Connealy – Chief Financial Officer, Senior Vice President
Thomas W. Butch – Executive Vice President, Chief Marketing Officer
Michael L. Avery – President, Chief Investment Officer
Cynthia Mayer – Bank of America/Merrill Lynch
William Katz – Citigroup
Michael Kim – Sandler O'Neill & Partners L.P.
Robert Lee – Keefe, Bruyette & Woods
Craig Siegenthaler – Credit Suisse
Roger Freeman – Barclays Capital
Jeffrey Hopson – Stifel Nicolaus
Marc Irizarry – Goldman Sachs
Macrae Sykes – Gabelli & Company
Daniel Fannon – Jefferies & Company
Good morning. My name is [Stephanie] and I will be your conference operator today. At this time, I would like to welcome everyone to the Third Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question-and-answer session. (Operator Instructions) Thank you. I would now like to turn the conference over to Hank Herrmann, Chairman and Chief Executive Officer of Waddell & Reed. Please go ahead, sir.
Henry J. Herrmann
Thank you, Stephanie. Good morning everyone. With me today are Mike Avery, President; Tom Butch, Chief Marketing Officer; Dan Connealy, our Chief Financial Officer; Mike Strohm, our Chief Operations Officer; and Nicole McIntosh, our VP of Investor Relations. Nicole, would you read the forward-looking statements please.