AlTi Global (ALTI) Q1 2026 earnings summary

Executive summary

• Platform strength and client resilience were highlighted amid volatile markets and geopolitical uncertainty.

• Consolidated revenues reached $73.1 million in Q1 2026, up 28% year-over-year, driven by AUM growth and investment distributions.

• Leadership is committed to streamlining operations, enhancing advisor capacity, and focusing on organic and selective inorganic growth.

• The business focuses on wealth management, investment advisory, and alternative investment platforms for UHNW and institutional clients.

• The company operates as a single reportable segment following the disposal of its International Real Estate segment in 2025.

Financial highlights

• Total revenue for Q1 2026 was $73.1 million, up 28% year-over-year, with management/advisory fees up 16%.

• Recurring management and advisory fees were $52 million, a 16% increase year-over-year.

• Investment distributions contributed $21.3 million, up 75% year-over-year.

• Adjusted EBITDA was $15 million, up 21% year-over-year and 32% sequentially, with a margin of 20%.

• Net income from continuing operations was $8.4 million, up from $4 million in Q1 2025.

Outlook and guidance

• Focus remains on increasing organic revenue growth, reviewing inorganic opportunities, and simplifying the cost structure.

• Expense reduction and cost structure simplification are near-term priorities, with benefits expected to be more visible in the second half of 2026.

• Strategic review costs are expected to persist into Q2 and possibly Q3, but should diminish in the back half of the year.

• Management expects sufficient liquidity for operational and strategic needs over the next 12 months.

• Initiatives include zero-based budgeting, technology transformation, and leveraging the Lisbon Center of Excellence for scale.