Assets Under Management Growth
Assets under management grew 2% in the second quarter, reaching $171 billion by June 30, 2025, up $4 billion sequentially due to market performance.
Strong Performance in ETFs
ETFs reached $3.7 billion in AUM with an organic growth rate of 74% over the trailing 12 months.
Positive Investment Performance
Over the 10-year period, 74% of equity assets and 69% of fixed income assets beat their benchmark.
Increased Share Repurchases
Highest level of share repurchases in 3 years, totaling $30 million, representing 3% of beginning outstanding shares.
Improved Operating Margin
Operating margin improved to 31.3%, up from 27.6% in the previous quarter.