Record AUM of $109.7 Billion
940 bps of Operating Margin Expansion vs. YTD June 30, 2023
Diluted Earnings Per Share of $0.13 ($0.16, as Adjusted)
NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the second quarter of 2024.
$21.8 million of net income ($27.1(1) million of net income, as adjusted), see “Non-GAAP Financial Measurements” for additional information.
$109.7 billion of ending AUM, an increase of 2.3% from the prior quarter arising from market appreciation and net inflows.
$0.3 billion of net inflows, primarily driven by inflows into our international developed equity, fixed income and U.S. equity products, partially offset by outflows from our commodity products.
0.37% average advisory fee, a 1 basis point increase from the prior quarter.
$107.0 million of operating revenues, an increase of 10.5% from the prior quarter due to higher average AUM and higher other revenues attribu
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