ALTI — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-10

• AlTi operates an open-architecture investment platform, evaluating opportunities across a broad universe of third-party managers and solutions. Investment recommendations are based solely on each client’s objectives, risk profile and circumstances. All investment solutions are subject to a rigorous …

• Separately, we have one internally managed fund and stakes in three Externally-Managed Funds in our alternatives platform, with a largely institutional client base. These are subject to the same due diligence, governance and suitability rules as third-party investment solutions.

• AUA consists of all assets we are responsible for overseeing and reporting on, but we do not necessarily charge fees on all such assets. Billable assets represent the portion of our assets on which we charge fees. Non-billable assets are exempt from fees and consist of assets such as cash and cash e…

• During the second quarter of 2026, global financial markets experienced a rebound from the elevated volatility that characterized the first quarter of the year. U.S. equity markets recovered as geopolitical tensions and energy-price pressures eased from their earlier peaks, supported by resilient ec…

• The U.S. economy demonstrated expansion in the first half of 2026. According to the Bureau of Economic Analysis’ advance estimate released on July 30, 2026, real gross domestic product (“GDP”) increased at an annual rate of 1.5% during the second quarter of 2026, compared with 2.1% during the first …

Text removed vs the prior filing · source: 10-Q · 2026-05-11

• Separately, we have one internally managed fund and stakes in three Externally-Managed Funds in our alternatives platform, with a largely institutional client base.

• AUA consists of all assets we are responsible for overseeing and reporting on, but we do not necessarily charge fees on all such assets. Billable assets represent the portion of our assets on which we charge fees. Non-billable

• assets are exempt from fees and consist of assets such as cash and cash equivalents in certain agreed upon situations, personally owned real estate, and other designated assets. Our calculations of AUM and AUA may differ from the calculation methodologies of other wealth managers and, as a result, t…

• shape market behavior and client decision-making, which in turn impact the demand for our wealth management services and the composition of assets under management.

• During the first quarter of 2026, global equity markets were marked by elevated volatility and changing performance patterns across asset classes, following a strong start to the year. Major equity indices reached or approached highs in January, but sentiment deteriorated later in the quarter amid r…

Text added vs the prior filing · source: 10-Q · 2026-08-10

• During the six months ended June 30, 2026, management continued to focus on enhancing its internal control over financial reporting. These actions include the following:

• •Management has designed and implemented risk assessment review processes (risk assessment and gap analysis) that are intended to identify risks that could result, if not detected timely, in material misstatements in our consolidated financial statements. Management believes that such review risk as…

• •Management has identified and documented processes supporting the recording of balances and transactions in the Company’s consolidated financial statements. The Company completed the exercise of documenting controls during the first fiscal quarter of 2025 and began tests of design and operating eff…

• •Management has identified and documented information technology controls related to the Company’s general information technology control environment that mitigates risks associated with items including systems development and change management, appropriate access to systems, and management of the C…

Text removed vs the prior filing · source: 10-Q · 2026-05-11

• reasonable assurance that financial statement disclosures are complete and accurate and identify and address emerging risks.

• During the three months ended March 31, 2026, management continued to focus on enhancing its internal control over financial reporting. These actions includes the following:

• •Management has designed and implemented risk assessment review processes (risk assessment and gap analysis) that are intended to identify risks that could result, if not detected timely, in material misstatements in our consolidated financial statements. Management believes that such review risk as…

• •Management has identified and documented processes supporting the recording of balances and transactions in the Company’s consolidated financial statements. The Company completed the exercise of documenting controls during the first fiscal quarter of 2025 and began tests of design and operating eff…

• •Management has identified and documented information technology controls related to the Company’s general information technology control environment that mitigates risks associated with items including systems development and change management, appropriate access to systems, and management of the C…