AlTi Global's $77.3 Billion Asset Management Report

By Bobby Samwell • Tuesday, November 12 15:17 • Permanent Link

AlTi Global, Inc. has recently released its 10-Q report, providing insight into its financial condition and operations. The company offers wealth and asset management services to individuals, families, foundations, and institutions globally. AlTi operates through two segments, Wealth Management and Strategic Alternatives, managing or advising approximately $77.3 billion in combined assets as of September 30, 2024. The company's business is organized into two segments * Wealth & Capital Solutions and International Real Estate, with approximately 440 professionals operating in 21 cities in 9 countries across three continents.

The 10-Q report delves into the fee structure of AlTi Global, outlining the diverse range of revenue streams generated across its business lines. The company's revenues broadly fall into four categories: recurring management, advisory, or administration fees; performance or incentive fees; distribution from investments; and other income or fees. These revenue streams contribute to the company's financial performance, with management fees being the primary source of revenue in its Wealth & Capital Solutions segment and fund management fees in its International Real Estate segment.

The report also highlights the market trends and business environment that impact AlTi Global's operations. It notes that the company's fee-based revenue streams are influenced by the value of its clients' portfolio holdings and the performance of its varied funds and direct investments. The report underscores the impact of market conditions on the company's business, including the performance of equity and fixed income markets, credit conditions, and interest rates.

AlTi Global's 10-Q report provides a comprehensive overview of its financial performance and operations, shedding light on its fee structure, revenue streams, and the market trends affecting its business. The market has reacted to these announcements by moving the company's shares -1.1% to a price of $4.75. For more information, read the company's full 10-Q submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.