AlTi Global offers a sticky, global UHNW wealth franchise at a deep complexity discount, but investors must underwrite execution, dilution, and turnaround risk.
Overview
AlTi Global is a global UHNW wealth and asset management platform with roughly $90 billion in assets under management/advisement, serving more than 830 wealthy families and institutions across North America, Europe, and Asia-Pacific. Its model is built around sticky, recurring advisory and family office fees, supplemented by alternative asset management and performance fees. The franchise offers conflict-light, cross-border fiduciary services that private banks and domestic RIAs struggle to match. However, the public equity story is complicated by post-SPAC complexity, preferred-share dilution risk, leadership turnover, and recent client outflows.