Alti Global, Inc. has announced the completion of its acquisition of Kontora, a multi-family office and asset management company based in Hamburg, Germany. This acquisition has added approximately є14 billion in assets under advisement and management to Alti's portfolio.
Alti Global, Inc. is a leading independent global wealth manager with over $76 billion in combined assets. It provides fiduciary capabilities, alternative investment strategies, and advisory services to entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders.
The firm has approximately 430 professionals across three continents, highlighting its expansive network. This acquisition further strengthens Alti's position in the global wealth management industry and expands its offering to UHNW families, entrepreneurs, and select institutions. Following these announcements, the company's shares moved 0.0%, and are now trading at a price of $3.26. For more information, read the company's full 8-K submission here.