A Message from WisdomTree Founder & CEO
Q4 2024: WisdomTree: A Bold Vision for 2025
January 31, 2025
After a very successful 2024 during which our stock price rose over 50%, WisdomTree is poised for another year of growth, innovation, and disciplined execution. We’ve built a strong foundation and are laser-focused on the opportunities ahead.
Our strategy remains centered on four key themes: growing and diversifying revenue, executing with discipline, driving innovation, and strategically deploying capital.
1. Revenue Growth and Diversification
In 2025, we’re focused on deepening client engagement and broadening revenue streams. In 2024, our client base and product adoption grew by 5%, signaling deeper client engagement, and we’re excited about building on this strong momentum.
Our models business continues to stand out as a key growth driver: we ended the year with over 2,500 model users and $3.83 billion in model assets, reflecting 29% user growth and 28% model asset growth year-over-year. We are poised to expand this part of our business even further, projecting 25–30% growth in users and 35–40% growth in assets under advisement (AUA) for 2025. Advisors increasingly rely on models and, with trillions in untapped assets, this segment remains a priority.
Beyond traditional management fees, we’ll continue diversifying revenues. In 2024, we generated $28 million in other revenue streams, and we’re committed to expanding these further.
2. Strong Execution
In 2024, our disciplined execution delivered impressive results: adjusted EPS grew 73% driven by 21% revenue growth, margin expansion, and strategic buybacks.
In 2025, we plan to build on this success by integrating artificial intelligence (AI) into our operations to strategically and thoughtfully enhance efficiency and scalability. We’ll also continue proactive capital deployment, balancing stock buybacks with strategic acquisitions and partnerships.
3. Strategic Innovation
WisdomTree’s foundation was built on strategic innovation. From exchange traded funds (ETFs) to self-indexing, we’ve consistently anticipated market shifts. Today, we ask: What could disrupt ETFs the way ETFs disrupted mutual funds? We believe the answer lies in tokenization and blockchain-enabled finance. The early growth of tokenized real world assets (RWA) is outpacing early ETF adoption in the 1990s, reinforcing our confidence about the growth potential of digital assets and blockchain-enabled finance.
In 2025, we’re focused on scaling adoption in three areas:
- Tokenized products, like money market and treasury funds, which have grown from nearly zero in 2017 to over $200 billion in assets under management (AUM) today. We see further opportunity with WisdomTree Connect, which has onboarded its first customers, supporting tokenized money market funds on Ethereum.
- WisdomTree Prime, now with 26,000 opened accounts, we’re adding features like on- and off-ramps for blockchain payments to unlock seamless access for users.
- Regulatory progress, as we secure additional state approvals and leverage a pro-innovation regulatory environment to drive growth.
With our early investments in this space and ongoing commitment to innovation, we’re well-positioned at the forefront of this transformative movement.
4. Strategic Capital Deployment
WisdomTree has historically been opportunistic about accretive capital deployment. Over the past two years, we’ve taken a more proactive approach, and I expect that will continue into 2025.
Whether through accelerating EPS growth via stock buybacks or exploring strategic acquisitions and partnerships that align with our long-term vision, we’re committed to a proactive stance toward capital management.
Looking Ahead
The groundwork laid in 2024 positions WisdomTree for an even stronger 2025. With a clear focus on innovation, disciplined execution, and leadership in tokenization, we’re ready to continue leading the way in this transformative era for finance.
— Jonathan Steinberg
Chief Executive Officer, WisdomTree