The figures came out shortly after fresh speculation arose over a change in the wealth management group's ownership structure, including a possible de-listing.

Earlier this week, AITi Global reported an 11 per cent rise in consolidated revenues for the second quarter versus the same period in 2025, reaching $58 million. 

On the earnings side, the group said it logged a narrower operating loss on GAAP measures of $11 million, narrowing by 58 per cent. The improved result reflected growth in revenues and recurring revenue fees, and lower operating costs. On an adjusted basis, earnings before interest, taxation, depreciation and amortisation were more than $5 million, rising 9 per cent.

Last week, Franklin Templeton, the asset management group headquartered in the US, was tight-lipped on a report that it was in talks to buy AITi Global. The latter firm did not respond to requests for comment. 

AITi Global has expanded rapidly via acquisitions and integrations, concluding seven of them since 2023.

“Priority areas include accelerating organic revenue growth, evaluating selective inorganic opportunities in core markets, and simplifying the cost structure. While reported expenses do not yet fully reflect progress due to the strategic review, underlying trends are improving and better aligning the business with its long-term earnings power,” the firm said.

Management fees rose 11 per cent to $54 million in the quarter; they also rose 5 per cent from the preceding quarter, the business announced in a statement.

Assets under advisement and assets under management were $96 billion and $51 billion at the end of June, respectively, assisted by net inflows and gains to markets. From a year ago, assets under management rose by 8 per cent. 

Total operating expenses fell 12 per cent on a year ago to $69 million, aided by cuts in compensation and non-compensation expenses.

In the “other expense” category, AITi Global said the figure was $20 million in Q2, mainly caused by an unrealised investment loss on the company’s Asian Credit and Special Situations stake. This stemmed from an “unexpected decision by the investment manager to unwind the fund within a 12-month time horizon.” This compared with other expenses of $5 million in the same period a year ago, it said. 

About 70 per cent of wealth management AuM is in the US and the remaining 30 per cent is outside the country. 

In its 33-page earnings presentation, AITi Global stressed the growth opportunities in the high net worth and ultra-HNW client segment that it covers. Clients have an average each of $60 million in assets, and there are about 830 individuals, families and other clients of the business. Since 2021, AITi Global said it has retained 96 per cent of its clients. 

The HNW and UHNW business opportunity globally is, the firm said, estimated at $102 trillion, rising at a compound annual growth rate of of about 7 per cent out to 2028.

Our US correspondent, analysing AITi Global’s corporate strategy, wrote on 11 May this year that the firm has hired JP Morgan to consider options. What has held up a potential sale for all or parts of AlTi Global to be taken private is, our report said, a gap of around $600 million or more between how private equity firms are valuing the company and the premium asking price that AlTi Global management is demanding. FWR cited sources familiar with the matter.

AITi Global has strategic partnerships with German financial services group Allianz and Constellation Wealth Capital, which is based in Chicago.