AlTi Global Reports 12.2% Revenue Growth to $58.0 Million in Q2 2026

AlTi Global, Inc. reported a total revenue of $58.0 million for the second quarter of 2026, marking a 12.2% increase from $52.4 million in the same period of 2025. The growth was primarily driven by a rise in management and advisory fees, which increased to $54.4 million from $49.2 million year-over-year. Incentive fees also saw a significant rise, reaching $19.5 million compared to a loss of $0.1 million in the previous year. However, the company recorded a net loss of $30.8 million for the quarter, slightly higher than the $30.0 million loss reported in the prior year, attributed to increased operating expenses and losses on investments.

In the first half of 2026, AlTi's total revenue rose to $131.1 million, up from $109.5 million in the same period of 2025. The increase in revenue was supported by a 12.3% rise in management fees and a notable increase in distributions from investments, which grew to $24.7 million from $14.9 million. Despite the revenue growth, the company reported a net loss of $22.4 million for the six months ended June 30, 2026, compared to a loss of $22.0 million in the same period of 2025. The losses were influenced by higher compensation costs and a decline in the fair value of certain investments.

AlTi Global has made strategic moves to enhance its market position, including the acquisition of Kontora Family Office GmbH in April 2025, which has expanded its presence in the European market. The company now manages or advises approximately $96.0 billion in combined assets, with a workforce of around 465 professionals across 19 cities in nine countries. The acquisition is expected to contribute positively to future revenue streams, particularly through increased management fees.

Operationally, AlTi reported a decrease in its employee headcount, with 465 professionals as of June 30, 2026, down from 485 in the previous year. The company has also seen fluctuations in its assets under management (AUM), which stood at $51.4 billion as of June 30, 2026, reflecting a strong performance in the market. The company continues to focus on enhancing its operational efficiency and reducing costs, as evidenced by a decrease in non-compensation expenses.

Looking ahead, AlTi Global anticipates continued revenue growth driven by its strategic acquisitions and a recovering market environment. However, the company remains cautious about potential market volatility and its impact on client asset values and, consequently, management fees. The management team is committed to addressing the material weaknesses in internal controls over financial reporting, which could affect the company's financial performance and reporting accuracy in the future.