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Segment Reporting
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Effective as of September 30, 2024, certain changes were made to the composition of our operating segment information related to the strategic review of our Real Estate Businesses. We determined this change was necessary to align external reporting with how management views the current state of the business in addition to how our chief operating decision maker (“CODM”), currently, our Chief Executive Officer, assesses the Company’s performance and allocation of resources. The CODM considers segment revenue as a key metric to assist with the evaluation of strategic business decisions, including potential acquisitions or divestitures and whether to invest in certain products or services, and expense management.

The Company maintains two operating segments: Wealth and Capital Solutions includes the results Wealth Management business, the internally managed Event Driven strategy, and our stakes in three externally managed Alternative investment strategies. International Real Estate, includes the businesses previously reported as Real Estate Co-investment and Real Estate Fund Management, as well as all current and former Alvarium International Asset Management businesses. A corporate reconciling column (“Corporate”) has been included to provide a reconciliation between our total reportable segment activities and consolidated amounts. Corporate does not qualify to be reported as an operating segment.
Prior period amounts have been recast to conform to the Company’s current period segment presentation. The Company’s operating segment information was prepared using the following methodologies and generally represents the information that is relied upon by management in its decision-making process.
Revenues and expenses directly associated with each operating segment are included in determining net income/(loss) by segment.
Indirect expenses (such as general and administrative expenses including executive and indirect overhead costs) not directly associated with specific operating segments are allocated to the operating segments’ statement of operations.
Expenses

The expense categories that are regularly reviewed by the CODM are presented in the Company's Consolidated Statement of Operations. Items regularly reviewed consist of non-compensation expenses, such as professional fees, sales, distribution and marketing, travel and entertainment, systems, technology and telephone, occupancy costs and general, administrative, and other.

See Note 1 (Description of the Business) and the tables below for more detail on unallocated items.

The following tables present the financial information for the Company’s segments for the periods indicated.

For the Year Ended
(Dollars in Thousands)December 31, 2024December 31, 2023
Net Income by SegmentWealth & Capital SolutionsInternational Real EstateCorporateTotalWealth & Capital SolutionsInternational Real EstateCorporateTotal
Revenue:  
Management/advisory fees$182,599 $7,856 $— $190,455 $160,785 $20,076 $— $180,861 
Incentive fees3,256 — — 3,256 42,674 703 — 43,377 
Distributions from investments12,304 — — 12,304 17,185 — — 17,185 
Other income/fees97 688 135 920 501 4,993 — 5,494 
Total revenue
198,256 8,544 135 206,935 221,145 25,772 — 246,917 
For the Year Ended
(Dollars in Thousands)December 31, 2022
Net Income by SegmentTiedemann Wealth
Management
Holdings, LLC
Revenue: 
Management/advisory fees$76,872 
Total income76,872 
(Dollars in Thousands)
For the Year Ended
Revenues by GeographyDecember 31, 2024December 31, 2023December 31, 2022 (Predecessor)
United States$134,893 $153,899 $72,181 
United Kingdom$33,163 $54,949 $3,863 
Rest of World$38,879 $38,069 $828 
Total Revenues$206,935 $246,917 $76,872 
(Dollars in Thousands)
Long-lived Assets by GeographyAs of December 31, 2024As of December 31, 2023
United States$44,275 $41,603 
United Kingdom$4,721 $5,434 
Rest of World$3,893 $3,807 
Total Assets$52,889 $50,844 
(Dollars in Thousands)
Assets by SegmentAs of December 31, 2024As of December 31, 2023
Wealth & Capital Solutions1,160,272 1,134,264 
International Real Estate$23,738 $125,229 
Corporate71,823 6,804 
Total Assets$1,255,833 $1,266,297