AlTi (US:ALTI)2025-05-12 20:12Company Overview - AlTi Global manages or advises on approximately $76 billion in combined assets[4] - The company boasts a client retention rate of 96% since 2020[11] - The company's revenue stream is highly recurring, with approximately 83% of total revenues being recurring[11, 67] - The company has a global presence, with 19 offices across the globe[11] Market and Growth Opportunities - The High Net Worth (HNW) and Ultra High Net Worth (UHNW) investable financial wealth market is estimated at $102 trillion and is expected to grow at a ~7% Compound Annual Growth Rate (CAGR) to 2028[17] - The company's AUM/AUA represents approximately 0.07% of the $102 trillion HNW/UHNW market[17] - The global demand for alternatives is increasing, with an estimated $30 trillion market by the end of 2030[22] Financial Performance (Q1 2025) - The company's revenue was $58 million, up 14% compared to Q1 2024[67, 68] - Wealth Management and Capital Solutions (WM & CS) revenues were $57 million, up 23% year-over-year[67] - The company's AUM/AUA increased 7% year-over-year to $76 billion[67, 68]