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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

Pay Versus Performance

The following table reports the total compensation of Jonathan Steinberg, our Chief Executive Officer and PEO, and the average total compensation of the other NEOs as reported in the Summary Compensation Table for the past four years, as well as the “compensation actually paid” to our PEO and the average “compensation actually paid” to our other NEOs as calculated pursuant to SEC rules and certain performance measures required by SEC rules. We refer to the other NEOs covered by this Pay Versus Performance disclosure as the “Other NEOs.”

       

Value of Initial
Fixed $100
Investment Based
On:

  

Company-
Selected
Measure

  

Year(1)

Summary
Compensation
Table Total for
PEO ($)

Compensation
Actually Paid
to PEO ($)(2)

Average
Summary
Compensation
Table Total for
Other NEOs ($)

Average
Compensation
Actually Paid to
Other NEOs ($)(2)

TSR ($)

Peer
Group
TSR
($)(3)

Net
Income/(Loss)
(thousands)
($)(4)

TSR
Percentile
Ranking – 
Traditional
Asset
Manager
Peer Group(5)

  

2023

6,710,430

9,946,606

2,422,286

3,140,681

156.95

168.43

102,546 

92nd

  

2022

5,448,889

5,503,797

1,837,134

1,836,101

121.14

128.14

50,684

92nd

  

2021

4,317,175

4,313,843

1,377,223

1,252,097

133.03

171.05

49,797

25th

  

2020

2,881,637

3,434,784

1,253,893

1,361,386

114.11

115.87

(35,655)

17th

  

(1)     The PEO and Other NEOs for the applicable years were as follows:

•   2022 and 2023: Mr. Steinberg served as our PEO and Messrs. Edmiston, Lilien, Marinof and Ziemba served as the Other NEOs.

•   2021: Mr. Steinberg served as our PEO and Messrs. Edmiston, Lilien, Marinof, Ziemba and Amit Muni, our former CFO, served as the Other NEOs. Mr. Edmiston was appointed to serve as our CFO effective June 1, 2021.

•    2020: Mr. Steinberg served as our PEO and Messrs. Muni, Lilien, Marinof and Ziemba served as the Other NEOs.

(2)     Represents the Summary Compensation Table totals reported for the PEO and the average of the Other NEOs for each year subject to the following adjustments in accordance with Item 402(v)(2)(iii) of Regulation S-K to calculate “compensation actually paid”:

(3)     The peer group used for purposes of Item 201(e) of Regulation S-K was utilized for purposes of calculating Peer Group TSR. We refer to this peer group as the “Selected Peer Group.” The Selected Peer Group is comprised of 37 publicly-traded asset management companies in the S&P U.S. BMI Asset Management & Custody Banks Index.

(4)     We are required to report net income/(loss) pursuant to generally accepted accounting principles (“GAAP”) in the table above, however, our GAAP net income includes items that are non-recurring or not core to our operating business. Our adjusted net income (a non-GAAP measure) (in thousands) was $62,731, $41,669, $61,352 and $40,205 for the years ended December 31, 2023, 2022, 2021 and 2020, respectively. A reconciliation of our net income/(loss) as reported under GAAP to adjusted net income (a non-GAAP measure) is included in Item 7 of our Annual Report on Form 10-K for the years ended December 31, 2023 and 2022.

(5)     We have identified our TSR percentile ranking for the Traditional Asset Manager Peer Group as the company-selected measure for the pay versus performance disclosure, as it represents the most important financial performance measure used to link compensation actually paid to the PEO and Other NEOs in 2023 to our performance. The TSR for each member of the Traditional Asset Manager Peer Group was derived from the average per-share value of the publicly-traded common stock of each peer group member for the 90-calendar day period ending on January 1st (beginning of period) and December 31st (end of period) of each applicable year and includes the impact of dividends.

      
PEO Total Compensation Amount $ 6,710,430 $ 5,448,889 $ 4,317,175 $ 2,881,637
PEO Actually Paid Compensation Amount [1] $ 9,946,606 5,503,797 4,313,843 3,434,784
Adjustment To PEO Compensation, Footnote

Year

Summary Compensation Table – Total

Deduction for
amounts reported
under “Stock Awards”
column of the Summary
Compensation Table(a)

Equity
Award
Adjustments(b)

Compensation
Actually
Paid

  

2023 – PEO

$6,710,430

($3,585,593)

$6,821,769

$9,946,606

  

2023 – Average for Other NEOs

$2,422,286

($1,018,373)

$1,736,768

$3,140,681

  

2022 – PEO

$5,448,889

($2,494,989)

$2,549,897

$5,503,797

  

2022 – Average for Other NEOs

$1,837,134

($   511,485)

$   510,452

$1,836,101

  

2021 – PEO

$4,317,175

($1,463,175)

$1,459,843

$4,313,843

  

2021 – Average for Other NEOs

$1,377,223

($   389,910)

$   264,784

$1,252,097

  

2020 – PEO

$2,881,637

($   993,637)

$1,546,784

$3,434,784

  

2020 – Average for Other NEOs

$1,253,893

($   196,883)

$   304,376

$1,361,386

  

(a)     Compensation actually paid excludes the amounts reported in the Stock Awards column from the relevant year’s Summary Compensation Table total.

(b)     The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the fair value as of the end of the applicable fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the applicable fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the applicable fiscal year; (iii) the change in fair value during the applicable fiscal year through the vesting date of equity awards granted in prior years that vested during the applicable fiscal year, less the fair value at the end of the prior year of awards granted prior to the applicable fiscal year that failed to meet applicable vesting conditions during the listed year; and (iv) the value of dividends or other earnings paid on equity awards in the applicable fiscal year prior to the vesting date that are not otherwise included in the total compensation for the applicable fiscal year.

Equity values are calculated in accordance with FASB ASC Topic 718, including Monte Carlo simulations used to value outstanding PRSUs as of the end of the applicable fiscal year. The equity award adjustments are set forth in the table below:

Year

Year End
Fair Value of
Outstanding
and
Unvested
Equity
Awards
Granted in
Applicable
Year ($)

Year over
Year Change
in Fair Value
of Outstanding
and Unvested
Equity
Awards
Granted in
Prior Years
($)

Fair Value
as of
Vesting
Date of
Equity
Awards
Granted and
Vested in
the Year ($)

Year over
Year Change
in Fair Value
of Equity
Awards
Granted in
Prior Years
that Vested
in the Year
($)

Fair Value at
the End of
the Prior
Year of
Equity
Awards that
Failed to
Meet
Vesting
Conditions in
the Year ($)

Value of
Dividends or
other Earnings
Paid on Stock
or Option
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
($)

Total Equity
Award
Adjustments
($)

Equity Award Adjustments – PEO

2023

5,041,757

1,717,483

—

22,573

—

39,956

6,821,769

2022

2,545,937

61,772

—

(102,452)

—

44,640

2,549,897

2021

1,581,610

(177,002)

—

5,196

—

50,039

1,459,843

2020

1,426,969

244,913

—

(191,507)

—

66,409

1,546,784

Equity Award Adjustments – Average for Other NEOs

2023

1,392,242

329,643

—

5,922

—

8,961

1,736,768

2022

512,998

3,176

—

(17,326)

—

11,604

510,452

2021

344,057

(11,600)

—

763

(77,860)

9,424

264,784

2020

282,744

39,027

—

(31,605)

—

14,210

304,376
     
Non-PEO NEO Average Total Compensation Amount $ 2,422,286 1,837,134 1,377,223 1,253,893
Non-PEO NEO Average Compensation Actually Paid Amount [1] $ 3,140,681 1,836,101 1,252,097 1,361,386
Compensation Actually Paid vs. Total Shareholder Return

     
Compensation Actually Paid vs. Net Income

     
Compensation Actually Paid vs. Company Selected Measure

     
Tabular List, Table

Tabular List of Performance Measures

WisdomTree considers the following measures to be the most important performance measures it uses to link compensation actually paid to its PEO and Other NEOs to WisdomTree’s performance for 2023:

Performance Measures

TSR Percentile Ranking – Traditional Asset Manager Peer Group

Net Flows

Annualized RRR from Flows

Total Revenues

Adjusted Operating Income

Adjusted Operating Margin
     
Total Shareholder Return Amount $ 156.95 121.14 133.03 114.11
Peer Group Total Shareholder Return Amount [2] 168.43 128.14 171.05 115.87
Net Income (Loss) [3] $ 102,546,000 $ 50,684,000 $ 49,797,000 $ (35,655,000)
Company Selected Measure Amount [4] 92 92 25 17
Measure:: 1        
Pay vs Performance Disclosure        
Compensation Actually Paid vs. Other Measure

     
Name TSR Percentile Ranking – Traditional Asset Manager Peer Group      
Measure:: 2        
Pay vs Performance Disclosure        
Name Net Flows      
Measure:: 3        
Pay vs Performance Disclosure        
Name Annualized RRR from Flows      
Measure:: 4        
Pay vs Performance Disclosure        
Name Revenues      
Measure:: 5        
Pay vs Performance Disclosure        
Name Adjusted Operating Income      
Measure:: 6        
Pay vs Performance Disclosure        
Name Adjusted Operating Margin      
Average for Other NEOs [Member]        
Pay vs Performance Disclosure        
PEO Total Compensation Amount $ 2,422,286 $ 1,837,134 $ 1,377,223 $ 1,253,893
PEO Actually Paid Compensation Amount 3,140,681 1,836,101 1,252,097 1,361,386
Average for Other NEOs [Member] | Deduction for amounts reported under "Stock Awards" column of the Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount [5] (1,018,373) (511,485) (389,910) (196,883)
Average for Other NEOs [Member] | Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount [6] 1,736,768 510,452 264,784 304,376
Average for Other NEOs [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 329,643 3,176 (11,600) 39,027
Average for Other NEOs [Member] | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
Average for Other NEOs [Member] | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,922 (17,326) 763 (31,605)
Average for Other NEOs [Member] | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (77,860)
Average for Other NEOs [Member] | Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,961 11,604 9,424 14,210
Average for Other NEOs [Member] | Total Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,736,768 510,452 264,784 304,376
Average for Other NEOs [Member] | Year End Fair Value of Outstanding and Unvested Equity Awards Granted in Applicable Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,392,242 512,998 344,057 282,744
PEO | Deduction for amounts reported under "Stock Awards" column of the Summary Compensation Table [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount [5] (3,585,593) (2,494,989) (1,463,175) (993,637)
PEO | Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount [6] 6,821,769 2,549,897 1,459,843 1,546,784
PEO | Yaer Fair Value of Outstanding and Unvested Equity Awards Granted in Applicable Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 5,041,757 2,545,937 1,581,610 1,426,969
PEO | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards Granted in Prior Years [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,717,483 61,772 (177,002) 244,913
PEO | Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
PEO | Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 22,573 (102,452) 5,196 (191,507)
PEO | Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount
PEO | Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in Fair Value or Total Compensation [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 39,956 44,640 50,039 66,409
PEO | Total Equity Award Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 6,821,769 $ 2,549,897 $ 1,459,843 $ 1,546,784
[1] Represents the Summary Compensation Table totals reported for the PEO and the average of the Other NEOs for each year subject to the following adjustments in accordance with Item 402(v)(2)(iii) of Regulation S-K to calculate “compensation actually paid”:
[2] The peer group used for purposes of Item 201(e) of Regulation S-K was utilized for purposes of calculating Peer Group TSR. We refer to this peer group as the “Selected Peer Group.” The Selected Peer Group is comprised of 37 publicly-traded asset management companies in the S&P U.S. BMI Asset Management & Custody Banks Index.
[3] We are required to report net income/(loss) pursuant to generally accepted accounting principles (“GAAP”) in the table above, however, our GAAP net income includes items that are non-recurring or not core to our operating business. Our adjusted net income (a non-GAAP measure) (in thousands) was $62,731, $41,669, $61,352 and $40,205 for the years ended December 31, 2023, 2022, 2021 and 2020, respectively. A reconciliation of our net income/(loss) as reported under GAAP to adjusted net income (a non-GAAP measure) is included in Item 7 of our Annual Report on Form 10-K for the years ended December 31, 2023 and 2022.
[4] We have identified our TSR percentile ranking for the Traditional Asset Manager Peer Group as the company-selected measure for the pay versus performance disclosure, as it represents the most important financial performance measure used to link compensation actually paid to the PEO and Other NEOs in 2023 to our performance. The TSR for each member of the Traditional Asset Manager Peer Group was derived from the average per-share value of the publicly-traded common stock of each peer group member for the 90-calendar day period ending on January 1st (beginning of period) and December 31st (end of period) of each applicable year and includes the impact of dividends.
[5] Compensation actually paid excludes the amounts reported in the Stock Awards column from the relevant year’s Summary Compensation Table total.
[6] The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the fair value as of the end of the applicable fiscal year of unvested equity awards granted in that year; (ii) the change in fair value during the applicable fiscal year of equity awards granted in prior years that remained outstanding and unvested at the end of the applicable fiscal year; (iii) the change in fair value during the applicable fiscal year through the vesting date of equity awards granted in prior years that vested during the applicable fiscal year, less the fair value at the end of the prior year of awards granted prior to the applicable fiscal year that failed to meet applicable vesting conditions during the listed year; and (iv) the value of dividends or other earnings paid on equity awards in the applicable fiscal year prior to the vesting date that are not otherwise included in the total compensation for the applicable fiscal year.