Results benefited from lower expenses and rise in assets under management (AUM) balances. The ratio of adjusted compensation expenses to operating revenues was 66%, down from the year-earlier quarter's 68.4%. The ratio of adjusted non-compensation expenses to operating revenues was 21.7%, down from the year-ago quarter's 23.2%. Financial Advisory: The segment's adjusted operating revenues were $407.9 million, rising 19% from the year-earlier quarter's levels. We had projected the metric to be $351.7 million ...