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Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash Flows from Operating Activities        
Net income (loss) $ (174,305)   $ (311,215) $ (5,998)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Depreciation and amortization 14,552   17,039 2,339
Amortization of debt discounts and deferred financing costs 6,184   927 0
Unrealized (gain) loss on investments 16,483   15,618 97
Realized (gain) loss on investments (11,128)   0 0
Impairment loss on goodwill and intangible assets 116,769   206,777 0
Fair value (gain) loss on TRA (3,855)   233 0
Gain (loss) on earn-in 0   0 221
(Income) loss on equity method investments 1,898   3,019 (33)
Restricted unit compensation 0   0 2,365
Fair value (gain) loss on warrant liability 0   12,866 0
Fair value (gain) loss on earnout liability (30,727)   (31,104) 0
Fair value gain (loss) on preferred stock tranche liability (600)   0 0
Deferred income tax (benefit) expense (24,055)   (12,387) (101)
Equity-settled share-based payments 17,454   36,749 0
Unrealized foreign currency (gains)/losses 14   587 0
(Gain) loss from retirement of debt 0   (73) 0
Fair value of interest rate swap 0   33 (276)
Cash flows due to changes in operating assets and liabilities        
(Increase) decrease in fees receivable 38,229   (31,321) 1,336
(Increase) decrease in other assets (20,579)   (5,860) (2,993)
Operating cash flow from operating leases 5,736   7,147 618
Increase (decrease) in accounts payable and accrued expenses (1,214)   (17,897) 2,279
Increase (decrease) in accrued compensation and profit sharing (15,761)   36,345 2,460
Increase (decrease) in other liabilities 14,057   (9,202) 3,662
Other operating activities (16)   (248) 0
Net cash provided by (used in) operating activities (50,652)   (81,706) 6,858
Cash Flows from Investing Activities        
Cash acquired from consolidation of variable interest entity 0 $ 0   471
Cash payment for acquisition of TWMH and TIG historical equity 0 (99,999)   0
Receipt of payments of notes receivable from members 286 226   428
Loans to members 0 0   (301)
Cash receipts from the repayment of advances and loans 0 601   0
Purchases of investments (20,380) (15,687)   (224)
Distributions from investments 0 0   4
Purchase of TIH shares 0 0   (382)
Purchase of Holbein 0 0   (8,097)
Cash payment for delayed share purchase agreement (1,818) 0   0
Payment of payout right 0 (760)   0
Acquisition of AWMS, net of cash acquired 0 (4,383)   0
Acquisition of ALWP, net of cash acquired 0 (14,430)   0
Acquisition of EEA, net of cash acquired (69,182) 0   0
Acquisition of PW, net of cash acquired (1,467) 0   0
Acquisition of Envoi (25,258) 0   0
Sales of investments 818 2,107   1,028
Sale of fixed assets 144 8   0
Purchases of fixed assets (7,713) (630)   (156)
Net cash provided by (used in) investing activities (75,685) (132,947)   (7,229)
Cash Flows from Financing Activities        
Proceeds from issuance of preferred stock and Allianz & Constellation Warrants 300,800 0   0
Proceeds from issuance of common stock 94,660 0   0
Proceeds from issuance of preferred stock tranche right liability 4,540 0   0
Member contribution (distribution) (6,760) (8,492)   (9,835)
Payments on term notes and lines of credit (221,062) (160,453)   (2,810)
Borrowings on term notes and lines of credit 32,258 223,500   12,300
Payment of acquisition-related contingent consideration (8,449) 0   0
Payments of debt issuance costs (1,519) (2,586)   0
Taxes paid on net settled share-based compensation awards (4,037) 0   0
Tax payments on behalf of Umbrella partners (424) 0   0
Increase (decrease) in distributions due to former TIG members 0 (14,199)   0
Cash payment for purchase of shares to be transferred as part of Alvarium share compensation 0 (4,215)   0
Cash receipts from exercise of Warrants 0 5,836   0
Payment of preferred stock tranche right liability issuance costs (203) 0   0
Cash payment of earn-in liability (754) 0   0
Dividends paid to former owners of AWMS and ALWP (11) (3,372)   0
Net cash provided by (used in) financing activities 174,259 36,019   (345)
Effect of exchange rate changes on cash (673) 2,793   (193)
Net increase (decrease) in cash 47,249 (175,841)   (909)
Cash and cash equivalents at beginning of the period 18,245 194,086 7,131 8,040
Cash and cash equivalents at end of the period 65,494 18,245 18,245 7,131
Reconciliation of balance sheet cash and cash equivalents to cash flows:        
Cash and cash equivalents on balance sheet 65,494 15,348 15,348 7,131
Cash and cash equivalents included in Assets held for sale (Note 3) 0 2,897 2,897 0
Cash and cash equivalents, including cash in Assets held for sale 65,494 18,245 18,245 7,131
Supplemental Disclosure of Cash Flow Information        
Income taxes 1,474 848   606
Interest payments on term notes and lines of credit 16,712 14,079   622
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]        
Non-cash delayed share purchase agreement 0 0   1,818
Non-cash repayment of notes receivable in lieu of cash member distribution 0 0   202
Family Office Service ("FOS")        
Cash Flows from Investing Activities        
Proceeds from sale 16,683 0   0
LXi Reit Advisors Limited (“LRA”)        
Cash Flows from Investing Activities        
Proceeds from sale 32,202 0   0
Preferred Stock        
Cash Flows from Financing Activities        
Payment of issuance costs (10,544) 0   0
Common Stock        
Cash Flows from Financing Activities        
Payment of issuance costs (4,236) $ 0   0
Shareholder Loan        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Forgiveness of debt 0   0 619
Member Notes Receivable        
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Forgiveness of debt $ 212   $ 261 $ 263