XML 53 R34.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Contingent Payments | 12 Months Ended
--- | ---
Dec. 31, 2021
Contingent Payments [Abstract] |
Contingent Payments | 25. Contingent Payments AdvisorEngine – Sale of Financial Interests On May 4, 2020, the Company closed a transaction to exit its investment in AdvisorEngine. The fair value of upfront consideration paid to the Company was $9,592. Consideration also included contingent payments totaling up to $10,408 which will be payable only upon AdvisorEngine achieving certain revenue milestones during the first through fourth anniversaries of such exit. No value has been ascribed to these contingent payments at December 31, 2021 and 2020 and no contingent payments have been received during the years ended December 31, 2021 and 2020. Sale of Canadian ETF Business On February 19, 2020, the Company completed the sale of all the outstanding shares of WTAMC to CI Financial Corp. The Company received CDN $3,720 (USD $2,774) in cash at closing and was paid CDN $3,000 (USD $2,360) of additional cash consideration based upon the achievement of certain AUM growth targets as determined on the 18-month anniversary of the closing date. The Company may receive additional cash consideration of CDN $0 to $4,000 depending on the achievement of certain AUM growth targets as determined on the 36-month anniversary of the closing date. In connection with this sale, the Company recognized a gain of $2,877 during the year ended December 31, 2020. This gain represented the difference between the minimum cash consideration payable to the Company and the carrying value of WTAMC’s net assets upon disposition. A gain of $787 was recognized during the year ended December 31, 2021, from remeasuring the contingent payment to its realizable value. These gains were recorded in other losses and gains, net.

X
- Definition Contingent payment text block. + References No definition available. + Details
Name: | wetf_ContingentPaymentTextBlock
Namespace Prefix: | wetf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Contingent payments abstract. + References No definition available. + Details
Name: | wetf_ContingentPaymentsAbstract
Namespace Prefix: | wetf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration