...Operator Thank you to everyone for joining Robinhood's Q4 and full year 2024 earnings call. Joining today are CEO and Co-Founder, Vlad Tenev; CFO, Jason Warnick; and Senior Manager of Investor Relations, Jack Riehemann. Vlad and Jason will offer opening remarks and then open the call to Q&A. During the Q&A portion of the call, we will answer questions from institutional research analysts, and we'll also answer questions from retail analysts who may hold an ownership position in Robinhood. As a reminder, today's call will contain forward-looking statements. Actual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. Potential risk factors that could cause differences, including regulatory developments that we continue to monitor, are described in the press release we issued today, the earnings presentation and our SEC filings, all of which can be found at investors.robinhood.com. Today's discussion will also include non-GAAP...