Education
About Us
Working with TipRanks
Follow Us
Alvarium Tiedemann Holdings (ALTI)
NASDAQ:ALTI
Top Page
Alvarium Tiedemann Holdings
(NASDAQ:ALTI)
Select Model
Select Model
Rating:47Neutral
Price Target:
$4.00
▲(2.04% Upside)
Alvarium Tiedemann Holdings' overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and negative cash flows. While the earnings call provided some optimism with strategic expansions and cost-saving initiatives, the technical indicators suggest bearish momentum, and the valuation remains unattractive due to negative earnings.
Alvarium Tiedemann Holdings (ALTI) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$539.68M
Dividend YieldN/A
Average Volume (3M)139.79K
Price to Earnings (P/E)―
Beta (1Y)1.32
Revenue Growth-8.73%
EPS Growth0.54%
CountryUS
Employees430
SectorFinancial
Sector Strength70
IndustryAsset Management - Global
Share Statistics
EPS (TTM)-0.33
Shares Outstanding101,543,150
10 Day Avg. Volume125,537
30 Day Avg. Volume139,788
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap2.00
Enterprise Value/Revenue4.95
Enterprise Value/Gross Profit14.18
Enterprise Value/Ebitda-9.87
Forecast
1Y Price Target
$6.50Price Target Upside65.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Alvarium Tiedemann Holdings Business Overview & Revenue Model
Company DescriptionAlTi Global, Inc. provides wealth and asset management services individuals, families, foundations, and institutions in the United States and internationally. The company offers discretionary investment management, non-discretionary investment advisory, trust, and administration services, as well as family office services comprising wealth transfer planning, multi-generational education planning, wealth and asset strategy, trust and fiduciary, chief financial officers and outsourced family office, philanthropy, and lifestyle and special projects services. It also provides merchant banking services, such as merger and acquisition advisory, corporate broker, private placements, public company and initial public offering advisory, strategic advisory, independent board advice, and structured finance advisory services; and corporate advisory, brokerage, and placement agency services to entrepreneurs and companies. The company offers investment strategy, asset allocation, investment manager selection, risk management, portfolio construction and implementation, and reporting. In addition, it manages or advises in combined assets; structures, arranges, and provides investors with co-investment opportunities in various alternative assets; manages and advises public and private investment funds; and invests in and supports financial services professionals, as well as provides impact investing advisory, investment manager selection, monitoring, and due diligence services. Further, the company offers coordination of legal-related and strategic business planning, wealth transfer planning, estate planning, research on trustee placement and multi-generational education planning, administrative, tax planning and concierge, and other services. The company was formerly known as Alvarium Tiedemann Holdings, Inc. and changed its name to AlTi Global, Inc. in April 2023. The company is based in New York, New York.
How the Company Makes MoneyAlvarium Tiedemann Holdings generates revenue primarily through fees charged for its wealth management and investment advisory services. This includes management fees based on a percentage of the assets under management (AUM) and performance fees tied to the investment outcomes. The company also earns from consultancy services provided to family offices and institutional clients. Additionally, Alvarium Tiedemann may receive income from strategic partnerships and collaborations with other financial institutions, enhancing its service offerings and expanding its client base.
Alvarium Tiedemann Holdings Earnings Call Summary
Earnings Call Date:Aug 11, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 18, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed picture for AlTi, with strong revenue growth, high recurring revenue, and strategic expansions as significant positives. However, these were tempered by increased operating expenses, timing mismatches affecting results, and a reported net loss. The exit from the international real estate business and ongoing efficiency initiatives are expected to improve future profitability.Q2-2025 Updates
Positive Updates
Revenue Growth
AlTi generated consolidated revenues of $53 million in Q2 2025, up 7% year-over-year. Revenue in the core Wealth Management and Capital Solutions segment rose 8% to $52 million year-over-year.
High Recurring Revenue
99% of AlTi's total revenue came from stable recurring sources, highlighting the durability of its business model.
Client Retention
AlTi maintained a strong client retention rate of 96%, supported by senior advisers with over 20 years of experience.
Strategic Expansion
AlTi completed the acquisition of Kontora, adding approximately $16 billion in billable assets and expanding its European platform into the German market.
Operational Efficiency Initiatives
AlTi implemented zero-based budgeting, expected to deliver approximately $20 million in recurring annual gross savings across non-compensation expenses starting in the second half of 2025.
Organic Growth Strategy
AlTi reported meaningful client wins with new and expanded mandates totaling nearly $930 million in projected billable assets across the U.S. and international markets.
Negative Updates
Timing Mismatches Affecting Results
Q2 results reflect timing mismatches between costs incurred and benefits from strategic initiatives, not yet demonstrating the full earnings potential.
Operating Expenses Increase
Operating expenses totaled $83 million, up from $64 million in the same period last year, driven by onetime professional fees and integration costs.
Net Loss Reported
AlTi reported a net loss of $30 million for the quarter, impacted by operating losses and fair value adjustments.
International Real Estate Business Drag
The international real estate business contributed a $1 million loss in adjusted EBITDA for the quarter, although its exit is expected to improve future results.
Company Guidance
During AlTi's Second Quarter 2025 earnings call, the company reported consolidated revenues of $53 million, marking a 7% year-over-year increase, with 99% stemming from recurring management fees. The core Wealth Management and Capital Solutions segment contributed $52 million, an 8% rise, driven by a 14% increase in assets under management (AUM) and improved return on assets (ROA). Adjusted EBITDA for the quarter was $4 million on a consolidated basis, with $14 million attributed to the core segment. The firm highlighted strategic actions, including the exit from the international real estate business and the acquisition of Kontora, expected to add approximately $16 billion in billable assets, advancing their footprint in the European market. The company also made progress in cost efficiency through zero-based budgeting, projecting $20 million in annual savings, and expanded its client base with new mandates totaling nearly $930 million in projected billable assets across U.S. and international markets. Despite a GAAP net loss of $30 million due to timing mismatches and restructuring costs, AlTi remains optimistic about future growth and profitability.Alvarium Tiedemann Holdings Financial Statement Overview
Summary
Alvarium Tiedemann Holdings faces significant financial challenges, with declining revenues, persistent losses, and negative cash flows. Despite some improvement in leverage, the overall financial health remains weak, requiring strategic adjustments to restore profitability and growth.Income Statement
Alvarium Tiedemann Holdings showed significant revenue decline from 2023 to 2024, with total revenue dropping to zero. The company has consistently operated at a loss, with negative EBIT and net income over recent years. The net profit margin and EBIT margin are negative, indicating ongoing operational challenges.25
Negative
Balance Sheet
The company has a relatively strong equity base with a debt-to-equity ratio improving to 0.10 in 2024 from higher previous levels, reflecting reduced leverage. However, the return on equity is negative due to continued net losses, posing risks to financial stability.55
Neutral
Cash Flow
Negative operating and free cash flows indicate that the company is not generating sufficient cash from its operations. Although free cash flow improved in 2024 compared to 2023, the cash flow to net income ratios remain unfavorable.30
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 217.76M | 206.94M | 250.88M | 76.87M | 75.70M | 52.26M |
| Gross Profit | 76.02M | 37.05M | 46.83M | 29.35M | 28.29M | 12.23M |
| EBITDA | -109.18M | -73.13M | -96.65M | 4.74M | 9.82M | 4.63M |
| Net Income | -148.84M | -103.03M | -162.61M | 8.78M | 3.94M | -6.60M |
Balance Sheet | ||||||
| Total Assets | 1.24B | 1.26B | 1.27B | 91.99M | 99.17M | 90.09M |
| Cash, Cash Equivalents and Short-Term Investments | 42.41M | 65.49M | 15.35M | 7.45K | 551.26K | 8.30M |
| Total Debt | 65.01M | 63.05M | 242.48M | 31.90M | 10.45M | 9.19M |
| Total Liabilities | 252.58M | 285.64M | 478.54M | 74.14M | 42.86M | 27.70M |
| Stockholders Equity | 685.40M | 658.40M | 341.93M | 17.53M | 56.29M | 82.85M |
Cash Flow | ||||||
| Free Cash Flow | -61.55M | -58.37M | -82.34M | -1.09M | 14.04M | 2.95M |
| Operating Cash Flow | -55.11M | -50.65M | -81.71M | -965.72K | 14.45M | 3.33M |
| Investing Cash Flow | -32.11M | -75.69M | -132.95M | -7.23M | -9.75M | -2.50M |
| Financing Cash Flow | 59.20M | 174.26M | 36.02M | -345.00K | -38.75K | 422.54K |
Alvarium Tiedemann Holdings Technical Analysis
Neutral
3.92
Price Trends
4.22
Negative
3.94
Negative
3.81
Positive
Market Momentum
-0.14
Positive
43.44
Neutral
24.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ALTI, the sentiment is Neutral. The current price of 3.92 is below the 20-day moving average (MA) of 4.09, below the 50-day MA of 4.22, and above the 200-day MA of 3.81, indicating a neutral trend. The MACD of -0.14 indicates Positive momentum. The RSI at 43.44 is Neutral, neither overbought nor oversold. The STOCH value of 24.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ALTI.
Alvarium Tiedemann Holdings Risk Analysis
Alvarium Tiedemann Holdings disclosed 70 risk factors in its most recent earnings report. Alvarium Tiedemann Holdings reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Alvarium Tiedemann Holdings Peers Comparison
Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | 475.79M | 15.75 | 7.48% | 3.79% | 8.36% | -2.24% | |
65 Neutral | 804.86M | -34.64 | -2.61% | ― | 22.15% | 57.64% | |
54 Neutral | 32.53M | -96.24 | -0.74% | 3.52% | 67.97% | -128.30% | |
48 Neutral | 444.01M | 31.58 | 0.00% | 13.83% | -35.46% | -67.15% | |
47 Neutral | $539.68M | ― | -26.57% | ― | -8.73% | 0.54% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
* Financial Sector Average
Performance Comparison
ALTI
Alvarium Tiedemann Holdings
3.92
-0.53
-11.91%
AROW
Arrow Financial
29.80
0.88
3.04%
GDOT
Green Dot
15.25
2.76
22.10%
PNNT
Pennantpark Investment
6.94
0.87
14.33%
GROW
US Global Investors
2.56
0.13
5.35%
NETD
Nabors Energy Transition Corp. II Class A
11.22
0.56
5.25%
Alvarium Tiedemann Holdings Corporate Events
Business Operations and StrategyFinancial DisclosuresM&A TransactionsPrivate Placements and Financing
Alvarium Tiedemann Holdings Secures $418M for Expansion
Positive
Aug 11, 2025
AlTi Global, Inc. has released an updated investor presentation detailing its strategic initiatives and financial performance as of June 30, 2025. The company has received significant strategic investments from Allianz X and Constellation Wealth Capital, totaling $418 million, to fuel its M&A pipeline and accelerate international expansion. These investments aim to enhance AlTi’s market presence, improve capital access, and boost growth in the fast-growing wealth management sector. The firm continues to focus on operational efficiency and organic growth while exiting its international real estate business.
Business Operations and Strategy
Alvarium Tiedemann Plans Wind-Down of Real Estate Unit
Neutral
Jul 11, 2025
On July 10, 2025, AlTi Global, Inc. announced that its Board of Directors approved a plan to wind down its non-core International Real Estate business following a strategic review. The wind-down is expected to begin on July 11, 2025, and be substantially completed by December 2027, although the company has not yet determined the cost or impairment charges associated with this process.
Business Operations and Strategy
Alvarium Tiedemann Winds Down International Real Estate
Negative
Jul 11, 2025
On July 11, 2025, Alvarium Tiedemann Holdings announced the decision to wind down its International Real Estate (IRE) business due to ongoing losses. The company has appointed Teneo as Administrators in the UK to ensure an orderly transition and wind-down process, while a dedicated team remains to manage investor reporting and compliance obligations.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.