As part of Legg Mason's continuing efforts to focus its efforts on core businesses that it can grow to scale and to best serve all of our clients, we agreed to sell Barrett's firm back to management. Barrett's clients are primarily high net worth families that have been with them for years and we believe they can be best served by Barrett as a standalone firm. The firm is a small part of Legg Mason's wealth management business and the transaction is not material to Legg Mason.