Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2024

Related party transactions include the below:


(Dollars in Thousands)
Related Party Receivables	Consolidated Balance Sheet Line Item	As of December 31, 2024		As of December 31, 2023
Due from Certain TWMH Members, TIG GP Members and TIG MGMT Members	Other assets	$	435	$	712
Due from Equity Method Investees	Other assets	$	3,089	$	5,948
Due from Alvarium related fee arrangements	Fees receivable, net	$	116	$	247
Due from TIG related fee arrangements	Fees receivable, net	$	804	$	15,822

Related Party Investments
Equity method investment with Allianz	Equity method investments	$	20,300	$	—

Related Party Payables
Due to Certain TWMH Members, TIG GP Members and TIG MGMT Members	Other Liabilities	$	—	$	—
Due to Certain Non-Controlling Interest Holders in Connection with the Tax Receivable Agreements	TRA liability	$	(28,765)	$	(17,607)
Delayed share purchase agreement	Delayed share purchase agreement	$	—	$	(1,818)
Delayed share purchase agreement	Accrued compensation and profit sharing	$	—	$	(282)
Due to Certain TWMH Members, TIG GP Members, TIG MGMT Members and Alvarium Shareholders in connection with the Business Combination Earn-out	Earn-out liabilities, at fair value	$	(23,848)	$	(62,380)
AWMS earn-out liability	Earn-out liabilities, at fair value	$	—	$	(1,064)
AWMS deferred cash contribution	Other liabilities	$	—	$	(7,135)
Due to Equity Method Investees	Other liabilities	$	(223)	$	(1,277)
EEA earn-out liability	Earn-out liabilities, at fair value	$	(29,871)	$	—
PW deferred consideration	Other liabilities	$	(3,339)	$	—
Envoi earn-out consideration liability	Earn-out liabilities, at fair value	$	(9,600)	$	—
Envoi earn-out growth consideration liability	Earn-out liabilities, at fair value	$	(1,320)	$	—
Preferred stock tranche liability	Preferred stock tranche liability	$	(3,940)	$	—

Mezzanine Equity
Series A Preferred Stock	Series A Redeemable Cumulative Convertible Preferred Stock	$	142,858	$	—
Series C Preferred Stock	Series C Redeemable Cumulative Convertible Preferred Stock	$	160,808	$	—

Shareholders’ Equity
Delayed share purchase agreement	Additional paid-in capital	$	40	$	(1,178)
Allianz Warrants, net of issuance costs	Additional paid-in capital	$	6,591	$	—
Constellation Warrants, net of issuance costs	Additional paid-in capital	$	3,003	$	—

The Company recognized Management/advisory fees, Compensation and employee benefits, Other income/fees and Interest income from its equity method investees on the Consolidated Statement of Operations, as summarized in the following table:


(Dollars in Thousands)	For the Year Ended
		December 31, 2024		December 31, 2023
Management/advisory fees		$	(357)	$	700

Compensation and employee benefits		$	—	$	(1,800)
Other income/fees		$	2,219	$	(2,400)
Interest income		$	(31)	$	200