AlTi Global's Q2 2025: Unpacking Contradictions in Real Estate Impact, M&A Strategy, and Financial Outlook

Real estate business impact, M&A strategy and integration, real estate impact on EBITDA, and capital deployment and M&A environment are the key contradictions discussed in AlTi Global's latest 2025Q2 earnings call.



Revenue Growth and Strategic Focus:
- AlTi Global, Inc. reported consolidated revenues of $53 million for Q2 2025, up 7% year-over-year.
- Growth was driven by strategic actions to strengthen and simplify the business, focusing on recurring revenue wealth management and capital solutions segments.

Zero-Based Budgeting and Cost Management:
- The implementation of zero-based budgeting resulted in expected recurring annual gross savings of approximately $20 million starting in the second half of 2025.
- This initiative is aimed at creating a leaner operating model, expanding margins, and strengthening profitability.

Acquisition and European Expansion:
- AlTi Global acquired Kontora, adding approximately $16 billion in billable assets and expanding its European presence.
- This consolidation is expected to drive organic growth, leveraging local expertise with global resources, and positioning the company for scalable growth.

Strong Client Retention and Relationships:
- AlTi maintained a 96% retention rate for client relationships, supported by senior advisers with an average industry experience of over 20 years.
- The strong retention rate is attributed to exceptional client engagement and trust built over time.

Organic Growth and Global Opportunities:
- The company signed new clients with over $500 million in projected billable assets and expanded assets across nearly 50 existing client relationships in H1 2025.
- AlTi is focusing on opportunities in the Middle East, one of the fastest-growing wealth markets, and in the U.S., where there are strong preferences for conflict-free advice.