Strong Revenue Growth
Total revenue of $255 million in 2025, representing 29% year-over-year growth; fourth quarter revenue of $88 million, up 71% sequentially.
AUM Expansion
Assets under management reached $50 billion at year-end 2025, up 10% year-over-year; AUM on the wealth platform up ~70% since listing.
Recurring Management Fee Strength
Nearly $200 million in predictable recurring management fees for 2025, up 9% year-over-year; Q4 management fees of $53 million, up 14% versus Q4 2024.
Incentive Fee and Alternatives Contribution
Incentive fees materially boosted results in 2025, including a $29 million Q4 contribution tied to strong arbitrage performance; the arbitrage strategy returned 11.3% in 2025.
Improved Adjusted Profitability
Adjusted EBITDA increased 45% to approximately $35 million for the year; adjusted EBITDA margins of 14% for the year and 13% for the quarter.
Institutional/E&F Business and Strategic Wins
Endowment & Foundation (E&F) business grew to over $8 billion AUM at year-end 2025; since listing AlTi generated over $9 billion of projected billable assets, including nearly $4 billion added in 2025.
Cost-Discipline Initiatives (ZBB) and Simplification
Adopted zero-based budgeting (ZBB) identifying approximately $20 million of recurring annual gross savings, with the majority expected to be realized by year-end 2026; exited noncore international real estate business to eliminate future costs/obligations.
Client Metrics and Market Position
Maintained industry-leading client retention rates above 95% and serves clients averaging assets in excess of $50 million across 19 cities in 9 countries, reinforcing a leading position in the ultra-high net worth segment.