Record Global AUM
WisdomTree ended the third quarter with a record global AUM of $137.2 billion, driven by strong organic growth and favorable market conditions.
Strong Net Inflows
The company generated $2.2 billion of global net inflows in the third quarter, with year-to-date inflows totaling $8.8 billion, marking an annualized organic growth pace of 11%.
Successful Ceres Acquisition
The acquisition of Ceres Partners is expected to increase revenue capture and operating margins by more than 200 basis points, and it introduces farmland as a negatively correlated asset class.
Digital Assets Growth
Digital AUM reached almost $600 million, with peak levels near $900 million, driven largely by flows into the blockchain-enabled money market fund.
Increased Revenue
Adjusted revenues were $125.6 million during the quarter, an increase of 11.5% from the second quarter and up approximately 14.7% versus the prior year quarter.
Model AUM Growth
Model AUM grew to approximately $5.85 billion, up more than 50% year-to-date, with strong adviser adoption.