Fourth Quarter 2025 Earnings | March 31, 2026 AlTi Color Palette Background color Primary Accent Color Secondary colors Tertiary colors AlTi Global 1 Notes and Important Disclosures This Presentation (together with oral statements made in connection herewith, the "Presentation") is for informational purposes only to assist interested parties in evaluating AlTi Global, Inc. (along with its consolidated subsidiaries, "AlTi Global" or the "Company"). About AlTi Global AlTi Global is a leading independent globa ...

AlTi Global, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results AlTi Global, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results Share NEW YORK--(BUSINESS WIRE)--AlTi Global, Inc. (NASDAQ: ALTI) ("AlTi†or the "Company†), a leading independent global wealth manager with $93 billion in assets, today announced financial results for the fourth quarter and full year ended December 31, 2025. A presentation of the Company's results for the fourth quarter and full year ended December 31 ...

AlTi Global, Inc. to Announce Fourth Quarter and Full Year 2025 Financial Results "Company†), a leading independent global wealth manager with $89 billion in assets, today announced it will release its financial results for the fourth quarter and full year 2025 before the market opens on Tuesday, March 31, 2026. Management will host a conference call and webcast the same day at 8:30 a.m. Eastern Time to provide a business update and discuss the financial results for the quarter and year. Conference Call I ...

Core Viewpoint - AlTi Global, Inc. (ALTI) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on the consensus measure of EPS estimates from sell-side analysts, reflecting the company's changing earnings picture [1][2]. - Changes in earnings estimates are strongly correlated with near-term stock price movements, largely due to institutional investors who adjust their valuations based on these estimates [4]. Recent Performance and Outlook - ALTI is expected to earn $0.10 per share for the fiscal year ending December 2025, with no year-over-year change, but the Zacks Consensus Estimate has increased by 4.2% over the past three months [8]. - The upgrade to Zacks Rank 2 places ALTI in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The system maintains a balanced distribution of ratings, ensuring that only the top 5% of stocks receive a "Strong Buy" rating, while the next 15% receive a "Buy" rating [9].

Core Viewpoint - AlTi Global, Inc. has received multiple preliminary indications of interest for a potential transaction, prompting the formation of a Special Committee to explore strategic options [1] Group 1: Company Overview - AlTi Global, Inc. is a leading independent global wealth manager with $89 billion in assets under management [1] Group 2: Strategic Actions - The Board of Directors has established a Special Committee of independent directors to evaluate the preliminary indications of interest and assess potential strategic options [1]

Financial Performance - Total revenue for Q3 2025 was $57.238 million, an increase of 10.4% compared to $51.809 million in Q3 2024[20] - Management/advisory fees rose to $51.680 million in Q3 2025, up from $48.101 million in Q3 2024, reflecting a growth of 5.3%[20] - The net loss attributable to AlTi Global, Inc. for Q3 2025 was $84.135 million, compared to a loss of $72.542 million in Q3 2024[23] - Basic net loss per share from continuing operations was $(0.69) for Q3 2025, compared to $(0.13) for Q3 2024[23] - The net loss for the period ending September 30, 2025, was $106,954,000, compared to a net loss of $139,879,000 for the previous period, indicating an improvement of about 23.5%[28] - For the nine months ended September 30, 2025, AlTi Global reported a net loss from continuing operations of $109,033 thousand, compared to a net loss of $37,929 thousand for the same period in 2024, representing an increase in loss of 187%[35] - The net loss for the nine months ended September 30, 2025, was $106.8 million, compared to a net loss of $43.1 million for the same period in 2024[213] Operating Expenses and Impairments - Total operating expenses increased to $85.735 million in Q3 2025, compared to $61.322 million in Q3 2024, representing a rise of 39.8%[20] - The company reported an impairment loss on goodwill and intangible assets of $35 million in Q3 2025[21] - The company experienced a significant impairment loss on goodwill and intangible assets amounting to $35,000 thousand, down from $74,267 thousand in the previous year, indicating a 53% reduction[35] Assets and Liabilities - Total assets decreased to $1.154 billion as of September 30, 2025, down from $1.256 billion as of December 31, 2024[18] - Cash and cash equivalents decreased to $35.847 million as of September 30, 2025, from $64.417 million as of December 31, 2024[18] - The company’s total liabilities decreased to $270.590 million as of September 30, 2025, from $285.638 million as of December 31, 2024[18] - The total shareholders' equity decreased to $883.834 million as of September 30, 2025, down from $970.195 million as of December 31, 2024[18] - As of September 30, 2025, total shareholders' equity amounted to $883,834,000, a decrease from $990,187,000 at June 30, 2025, reflecting a decline of approximately 10.7%[27] Cash Flow and Investments - Cash flows from operating activities from continuing operations resulted in a net cash outflow of $53,528 thousand, compared to an outflow of $16,448 thousand in the prior year, reflecting a 226% increase in cash used[35] - The company reported net cash provided by investing activities from continuing operations of $13,221 thousand, a significant recovery from a net cash outflow of $85,888 thousand in the same period last year[37] - The cash and cash equivalents at the end of the period were $35,847 thousand, down from $220,592 thousand a year earlier, indicating a decrease of 84%[37] Shareholder Equity and Stock - Preferred share dividends accrued during the period totaled $6,124,000, with a preferred stock tranche issuance of $18,471,000[28] - The issuance of shares for business combination resulted in a reduction of $24,396,000 in Class A Common Stock[27] - The company’s total shares outstanding for Class A Common Stock increased to 102,464,812 as of September 30, 2025, from 101,567,545 at June 30, 2025[27] - Class A Common Stock increased from 93,686,980 shares as of December 31, 2024, to 102,464,812 shares as of September 30, 2025, a growth of 9.2%[54] Acquisitions and Disposals - The Company disposed of its International Real Estate segment during the third quarter ended September 30, 2025, reorganizing into one operating segment[55] - The Company recognized a loss of $19.6 million upon the disposal of its International Real Estate Businesses, classified as discontinued operations[157] - The total purchase consideration for the Kontora Acquisition was $15.7 million, which included contingent consideration of $5.7 million tied to future revenue streams[202] Revenue Recognition and Fees - The Company’s revenue streams include management fees, performance fees, distributions from investments, and other income[56] - The company recognizes revenue from investment management, trustee, and custody fees at the time of transfer of promised goods or services to customers[86] - Investment management fees are recognized over the period services are performed, with revenue varying based on assets under administration (AUA) changes[87] - The company charges investment management fees based on the fair value of assets under management (AUM), with fixed fees applied in certain circumstances[89] Global Operations and Market Position - AlTi Global's total assets under management reached approximately $89.2 billion as of September 30, 2025, maintaining a strong position in the wealth management sector[40] - As of September 30, 2025, AlTi Global had approximately 490 professionals operating in 19 cities across 9 countries, highlighting its extensive global reach[40] - The Company has strategic investments with External Strategic Managers managing approximately $5.4 billion of AUM as of September 30, 2025[69]

Company Overview - AlTi Global manages or advises on approximately $89 billion in combined assets[4] - The company boasts a 96% client retention rate since 2021[12] - Recurring revenues account for 96% of total revenues[12] - U S wealth management AUM constitutes 68% of the total, while non-U S wealth management AUM makes up 32%[58] Financial Performance (Q3 2025) - Total revenue reached $57 million, a 10% increase compared to Q3 2024's $51 8 million[82, 84] - Management and advisory fees amounted to $51 7 million, a 7% rise from $48 1 million in Q3 2024[82] - Assets Under Management (AUM) grew to $49 billion, a 6% increase year-over-year[82, 84] - Assets Under Advisement (AUA) reached $89 2 billion[82] Strategic Initiatives - The company received strategic investments of up to $450 million from Allianz X and CWC[51]

Company Overview - AlTi Global manages approximately $89 billion in combined assets, with a client retention rate of 96% since 2021[4][13]. - The firm has completed over 10 acquisitions in the last decade, enhancing its capabilities and geographic reach[26]. - The average assets under management per client is over $50 million, with a minimum requirement of approximately $25 million of investable assets[40][41]. - AlTi Global's wealth management services are focused on the ultra-high-net-worth (UHNW) segment, which is projected to grow at a CAGR of ~7% to 2028, with a global client base of over 426,000 UHNW individuals[31][38]. Business Strategy - The firm emphasizes a holistic approach to wealth management, integrating investment advisory, estate planning, and impact investing services[26][41]. - The company has a strong pipeline of M&A opportunities, reflecting its commitment to strategic growth and integration[28]. - AlTi Global's investment platform is driven by experienced managers, focusing on alternatives and impact investing, which are key areas of interest for UHNW clients[34][37]. - The firm has established a centralized operational infrastructure to support rapid scaling and compliance across multiple jurisdictions[26]. Financial Performance - Consolidated revenues reached $57 million, marking a 10% year-over-year increase and a 9% sequential increase, driven by the core wealth management business[82]. - Management fees totaled $52 million, up 7% year-over-year and 15% compared to Q1 2025, with 96% of total revenues being recurring[82]. - Assets under management (AUM) grew to $49 billion, a 6% increase year-over-year and a 4% increase sequentially, supported by strong portfolio performance and net new assets[83]. - Revenue for Q3 2024 was $57.2 million, a 10% increase from $51.8 million in Q3 2023, driven by strong AUM growth and acquisitions[91]. Operational Changes - AlTi Global's international real estate business was placed under administration in July 2025, qualifying it for presentation as discontinued operations[8]. - Commenced the orderly wind-down of the international real estate business, transitioning to a single reporting segment to enhance focus on global wealth management[83]. - Implemented Zero-Based Budgeting initiatives, resulting in tangible savings across key expense categories, reinforcing cost discipline[86]. Expenses and Losses - Total Operating Expenses rose to $85.7 million, a 40% increase compared to $61.3 million in Q3 2023, largely due to non-recurring charges and the consolidation of Kontora[92]. - Adjusted EBITDA was $6.2 million, down 47% from $11.8 million in Q3 2023, with most adjustments being non-cash[91]. - GAAP Net Income loss was $107 million, primarily due to the wind down of the international real estate business and impairments[92]. - Net loss attributable to AITi Global, Inc. was $(84,135,000) compared to $(72,542,000) in Q3'24, reflecting a worsening of 15.9%[100]. Strategic Investments - Strategic investment of up to $450 million received from Allianz X and CWC to support growth and partnerships[54]. - The majority-owned joint venture with Allianz focuses on the $1.5 trillion global private credit market, expanding investment opportunities for UHNW clients[58]. - The company is exploring strategic partnerships, including a potential investment of up to $300 million with Allianz, indicating plans for future growth and expansion[115].

Core Insights - AlTi Global, Inc. is a leading independent global wealth manager with over $88 billion in combined assets [1] Company Participation - Mike Harrington, the Chief Financial Officer of AlTi, will participate in and host meetings at the Wolfe Wealth Symposium [1] - The event is scheduled to take place at the Wolfe Offices in New York City on November 12th [1] Company Overview - AlTi provides services to entrepreneurs, multi-generational families, and institutions [1]

Core Viewpoint - AlTi Global, Inc. is set to release its financial results for Q3 2025 on November 10, 2025, after market close, indicating a proactive approach to investor communication [1] Financial Results Announcement - The company will announce its financial results for the third quarter of 2025, highlighting its ongoing commitment to transparency and investor relations [1] - A conference call and webcast will be held on the same day at 5:00 PM Eastern Time to discuss the financial results and provide a business update [1] Company Overview - AlTi Global, Inc. is identified as a leading independent global wealth manager with over $88 billion in combined assets, showcasing its significant market presence and financial strength [1]