Alti Global, Inc. · NASDAQ:ALTI
Alti Global — Q3 2025 Earnings Presentation
37 slides from Alti Global's earnings presentation, Nov 12, 2025
Slide 1: AlTi Global Third Quarter 2025 Earnings
1AlTi Global Third Quarter 2025 Earnings | November 12, 2025
Slide 2: Notes and Important Disclosures
2AlTi Global Notes and Important Disclosures About AlTi Global AlTi Global is a leading independent global wealth manager providing entrepreneurs, multi-generational families, institutions, and emerging next-generation leaders with fiduciary advisor services underscored by a commitment to impact or
Slide 3: AlTi Global at-a-glance
3AlTi Global at-a-glance U.S. vs. Non-U.S. Wealth Management AUM 68% vs. 32%$89B AUM/AUA 7 Acquisitions and integrations completed globally since 2023 Client retention rate since 2021 96% 19 Offices across the globe in major financial centers Global strategic partnerships provide growth capital, acc
Slide 4: Our vision and why it matters
4AlTi Global By understanding the people, not just the portfolio, and thinking in decades, not quarters, we don’t simply manage wealth. We make wealth personal, powerful and permanent. Make Wealth Worth More. Our vision and why it matters O U R B E L I E F Investment excellence is non-negotiable. Bu
Slide 5: Why we created AlTi
5AlTi Global Over 25 years ago, we envisioned a new kind of UHNW platform. A platform with the resources and scale of a global private bank, but with the personal touch, independence, and flexibility clients sorely felt were missing. Private banks are structurally unable to offer independent advice,
Slide 6: A differentiated business purpose-built
6AlTi Global A differentiated business purpose-built over 25+ years Foundation of our Platform Comprehensive capabilities Full suite of offerings to serve the comprehensive and evolving needs of our UHNW clients, including investment advisory, family office services, estate & wealth planning, trust
Slide 7: Key investment highlights
7AlTi Global Key investment highlights Differentiated focus on the UHNW segment – the most attractive and highest growth segment within wealth management Trusted and sought after, delivering exceptional wealth management solutions to the UHNW segment for 25+ years Unique global footprint with intern
Slide 8: UHNW wealth market opportunity
8AlTi Global 1) Source: Morgan Stanley and Oliver Wyman, “Longevity Unlocked: Retiring in the Age of Aging”: investable personal financial wealth includes investable assets (deposits, equities, bonds, mutual funds and alternatives), excluding assets held in insurance policies, pensions and direct re
Slide 9: Demand for alternatives and impact expertise
9AlTi Global $9 $17 $29 $30 2017 2023 2029P 2030P 1) Source: Preqin, Global alternatives markets on course to exceed $30tn by 2030 2) Source: Capgemini research institute, 2024 World Wealth Report 3) Source: Capgemini research institute, Wealth managers can reignite investors’ waning ESG enthusiasm
Slide 10: The UHNW segment is fundamentally different than HNW
10AlTi Global The UHNW segment is fundamentally different than HNW 1) Average assets at AlTi per client is $50M+ as of June 30, 2025 The UHNW segment is more attractive and requires specialized skills and capabilities to meet the complex needs of UHNW families and institutions Ultra-High-Net-Worth H
Slide 11: Profile of our client base
11AlTi Global Profile of our client base Institutional client support Foundations & endowments Single family office Institutional investors UHNW families and individuals 800+ UHNW/HNW individuals and families and other clients $50M+ Average AUM / client 3000+ Client meetings in 2024(1) 96% Client re
Slide 12: We deliver what matters most: simplicity & time
12AlTi Global We deliver what matters most: simplicity & time Investment Advisory (Traditional, Alternatives & Impact) Trust & Fiduciary Governance & Education Estate & Wealth Planning Philanthropy & Purposeful Giving Family Office Services Client Needs Our Value Proposition We bring tog
Slide 13: Premier UHNW independent financial provider awards
13AlTi Global AlTi is regarded as the premier UHNW independent financial provider globally Firm awards won Individual awards and recognitions With Intelligence Private Asset Management Awards Best Multi-Family Office Over $25 Billion (2024)(2025) Best Outsourced CIO (2025) With Intelligence HFM Euro
Slide 14: Business evolved to focus on core UHNW wealth management
14AlTi Global Our business has evolved over time to focus on our core UHNW wealth management offerings ASSET MANAGEMENT DIVESTITURES / WIND-DOWNS WEALTH MANAGEMENT ACQUISITIONS Jun-23: Deconsolidation of AHRA / Home REIT Feb-24: Broker-dealer wind-down Mar-24: Disposal of LRA Mar-24: Disposal of LXi
Slide 15: Global Footprint and Notable Capabilities by Location
15AlTi Global Notable Capabilities by LocationGlobal Footprint 9 Countries 19 Cities Our global footprint reflects the global nature of our client base London: Global cross-border hub and significant center of wealth for EMEA Zurich: European wealth hub with access to Middle East San Francisco / Sea
Slide 16: Track record of M&A and successful integration
16AlTi Global Track record of M&A and successful integration Acquisition Capabilities Year acquired AUM at acquisition ($B) Acquisition commentary / additional capabilities for AlTi U.S. Acquisitions OCIO 2024 ~$6 Provides credible OCIO capability for large families and foundations. New business sou
Slide 17: Strategic investments provide capital, access and relationships
17AlTi Global Strategic investments provide capital, access and relationships Global financial services provider across the insurance and asset management sectors, providing financial security and certainty to its customers for 130+ years. CWC provides flexible, long-term capital solutions and strat
Slide 18: Allianz partnership extends beyond growth capital
18AlTi Global Allianz partnership extends beyond growth capital AlTi and Allianz Global Investors established a private markets investment program for UHNW wealth segment To provide unprecedented access to leading third-party managers with low minimum ticket sizes and expanded investment opportuniti
Slide 19: The premier global advisor to the UHNW ecosystem
19AlTi Global 35 43 48 2023 2024 3Q25 51 60 82 2023 2024 3Q25 AlTi – the premier global advisor to the UHNW ecosystem AUA by Geography(1)(2) Note: Information as of September 30, 2025, unless otherwise noted 1) AUM is categorized as based on U.S. and international wealth management businesses 2) Wea
Slide 20: How we generate revenue
20AlTi Global How we generate revenue AlTi’s topline performance is driven by recurring fee streams Recurring revenue Non-recurring revenue Management / advisory fees • Investment management, advisory, trustee, and administration fees • Management fees in Distributions from investments (3) • Calcula
Slide 21: Growth focused on stable, recurring revenue wealth management
21AlTi Global Growth focused on stable, recurring revenue wealth management business Topline growth fueled by organic growth initiatives including, increased collaboration across offices, tailored approach to key segments, refined pricing models and private markets JV with Allianz Strong pipeline of
Slide 22: Leadership and Executive Team
22AlTi Global Business Leads Broad, global industry experience Leadership Michael Tiedemann Chief Executive Officer Kevin Moran President / Chief Operating Officer Michael Harrington Chief Financial Officer Colleen Graham Chief Legal, Compliance and Risk Officer Claire Verdirame Chief Marketing Offi
Slide 23: Governance
23AlTi Global Governance Timothy Keaney Bank of New York Board Chair Norma Corio American Express Global Business Travel Mark Furlong BMO Harris Bank Tracey Brophy Warson Citi Private Bank Independent Board Directors Trusted fiduciaries with strong individual track records Audit, Finance and Risk En
Slide 24: Third Quarter 2025 Highlights
24AlTi Global Third Quarter 2025 Highlights
Slide 25: Third Quarter 2025 Highlights
25AlTi Global •Revenue Growth: Consolidated revenues of $57 million, an increase of 10% year-over-year and 9% sequentially, reflecting continued momentum in our core wealth management business. •Management Fee Strength: Management fees totaled $52 million, up 7% versus prior year, and 15% compared t
Slide 26: Third Quarter 2025 Select Financial and Operating Metrics
26AlTi Global Third Quarter 2025 Select Financial and Operating Metrics • Revenue of $57M, up 10% compared to $52M in Q3 2024 driven primarily by strong AUM growth primarily associated with strong market performance and the acquisitions of Kontora. 96% of revenues were from recurring fees. • Total O
Slide 27: Wealth Management Operating Metrics – AUM/AUA
27AlTi Global Wealth Management Operating Metrics – AUM/AUA See definitions in the Appendix. Note: Due to rounding, numbers presented throughout this presentation may not add up precisely to the totals provided. ($ in Billions) 3Q’25 2Q’25 1Q’25 4Q’24 3Q’24 % change vs. 3Q'24 % change vs. 2Q'25 Begi
Slide 28: Alternatives Platform Operating Metrics – AUM/AUA
28AlTi Global Alternatives Platform Operating Metrics – AUM/AUA See definitions in the Appendix. 1) The fair value of this investment is reported on a one-month lag. ($ in Millions) June 30, 2025 Gross Appreciation Subscriptions Redemptions Distributions September 30, 2025 Average AUM/AUA Event-Driv
Slide 29: Alternatives Platform Fund Performance
29AlTi Global 2 Alternatives Platform Operating Metrics Alternatives Platform Fund Performance(1) 1) Past performance does not guarantee or indicate future results. The historical net performance presented above are unaudited. Please refer to Appendix for additional information 2) This investment is
Slide 30: Consolidated Balance Sheet
30AlTi Global Consolidated Balance Sheet Note: Due to rounding, numbers presented throughout this presentation may not add up precisely to the totals provided. ($ in Thousands, except share data) As of September 30, 2025 As of December 31, 2024 Unaudited Unaudited Assets Cash and cash equivalents $3
Slide 31: Consolidated Income Statement
31AlTi Global Consolidated Income Statement Note: Due to rounding, numbers presented throughout this presentation may not add up precisely to the totals provided. ($ in Thousands, except share data) 3Q’25 3Q’24 Revenue Unaudited Unaudited Management/advisory fees $51,680 $48,101 Incentive fees 2,435
Slide 32: Non-GAAP Reconciliation
32AlTi Global f) Add-back of cost to implement organization change to derive cost synergy, including consulting fees, severance charges, technology implementation costs, and bad debt expense related to strategic portfolio realignment. g) Add-back of impairment of carried interest/equity method inves
Slide 33: Appendix
33AlTi Global Appendix
Slide 34: Glossary
34AlTi Global Glossary Assets Under Management and Assets Under Advisement. Unless otherwise defined and subject to applicable regulations, assets under management (“AUM”) refers to assets on which a business provides continuous and regular billable supervisory or discretionary management services a
Slide 35: Footnotes
35AlTi Global Footnotes Past performance does not guarantee or indicate future results. The historical net performance presented are unaudited. A description of the strategies is provided below: Event-driven: The Event-driven strategy is based in New York. This strategy focuses on 0-to-30-day events
Slide 36: Strategic investment terms
36AlTi Global Investment • Up to $300M ($250M funded July 31, 2024 and $19M funded May 13, 2025). Option to invest an additional $31M in the future) • $150M ($115M funded in April 2024 and $35M funded in May 2024) Common stock • $110M at close through a new issue of 19.3 million shares of common sto
Slide 37: Thank You
37AlTi Global Thank You