Victory Capital Reports September 2025 Total Client Assets

About this update from Victory Capital Holdings, Inc. Class A Common Stock

Schedules Third-Quarter Financial Results Conference Call for November 7 SAN ANTONIO--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today reported Total Assets Under Management (AUM) of $310.6 billion, Other Assets of $2.7 billion, and Total Client Assets of $313.4 billion, as of September 30, 2025. For the month of September, Average Total AUM was $308.0 billion, average Other Assets was $2.7 billion, and average Total Client Assets was $310.7 billion. For the third quarter, the Company reported long-term AUM net flows of -$244 million. Victory Capital Holdings, Inc. Total Client Assets (unaudited; in millions) 1 As of: By Asset Class September 30, 2025 August 31, 2025 Solutions $ 86,963 $ 83,492 Fixed Income 80,386 79,950 U.S. Mid Cap Equity 31,877 32,080 U.S. Small Cap Equity 12,722 12,925 U.S. Large Cap Equity 63,061 61,892 Global / Non-U.S. Equity 28,960 26,674 Alternative Investments 3,016 3,020 Total Long-Term Assets $ 306,985 $ 300,033 Money Market / Short Term Assets 3,660 3,691 Total Assets Under Management2 $ 310,644 $ 303,724 By Vehicle Mutual Funds3 $ 172,923 $ 170,354 Separate Accounts and Other Pooled Vehicles4 123,935 120,399 ETFs5 13,786 12,971 Total Assets Under Management2 $ 310,644 $ 303,724 Other Assets6 Institutional $ 2,726 $ 2,664 Total Other Assets $ 2,726 $ 2,664 Total Client Assets Total Assets Under Management $ 310,644 $ 303,724 Total Other Assets 2,726 2,664 Total Client Assets $ 313,370 $ 306,388 By Region U.S. $ 261,210 $ 256,622 Non-U.S. 52,160 49,766 Total Client Assets $ 313,370 $ 306,388 Third-Quarter Conference Call and Webcast Details Victory Capital will report third-quarter 2025 financial results after the market closes on Thursday, November 6, 2025. The Company will host a conference call the following morning, Friday, November 7, at 8:00 a.m. ET to discuss the results. Victory Capital’s earnings release and supplemental materials will be available on the investor relations section of the Company’s website at https://ir.vcm.com before the conference call begins. To participate in the conference call, please call 1-800-715-9871 (domestic) or 1-646-307-1963 (international), shortly before 8:00 a.m. ET and reference the Victory Capital Conference Call. A live, listen-only webcast will also be available via the investor relations section of the Company’s website at https://ir.vcm.com. For anyone who is unable to join the live event, an archive of the webcast will be available for replay, at the same location, shortly after the call concludes. 1 Due to rounding, numbers presented in these tables may not add up precisely to the totals provided. 2 Total AUM includes both discretionary assets under management and non-discretionary assets under advisement and excludes Other Assets. 3 Includes institutional and retail share classes, money market and VIP funds. 4 Includes wrap program accounts, CITs, UMAs, UCITS, private funds, and non-U.S. domiciled pooled vehicles. 5 Represents only ETF assets held by third parties and excludes ETF assets held by other Victory Capital products. 6 Includes low-fee (2 to 4 bps) institutional assets. These assets are included as part of Victory’s Regulatory Assets Under Management reported in Form ADV Part 1. About Victory Capital Victory Capital (NASDAQ: VCTR) is a diversified global asset management firm with $313 billion in total client assets, as of September 30, 2025. We serve institutional, intermediary, and individual clients through our Investment Franchises and Solutions Platform, which manage specialized investment strategies across traditional and alternative asset classes. Our differentiated approach combines the power of investment autonomy with the support of a robust, fully integrated operational and distribution platform. Clients have access to focused, top-tier investment talent equipped with comprehensive resources designed to deliver competitive long-term performance. Victory Capital is headquartered in San Antonio, Texas. To learn more, visit www.vcm.com or follow us on Facebook, Twitter (X), and LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20251009356466/en/ Investors: Matthew Dennis, CFA Chief of Staff Director, Investor Relations 216-898-2412 [email protected] Media: Jessica Davila Director of Global Communications 210-694-9693 [email protected] Source: Victory Capital Holdings, Inc.

View stock analysis, news, and events for Victory Capital Holdings, Inc. Class A Common Stock