A Message from WisdomTree Founder & CEO
Built to Scale, Positioned to Lead
October 31, 2025
In Q3 2025, WisdomTree reached new heights — driven by record firmwide assets under management (AUM), strong net inflows and continued progress on our strategic priorities.
We ended this quarter with record AUM above $137 billion — including record U.S. AUM of $88.3 billion, record European AUM of $48.3 billion and Digital Assets AUM of almost $600 million — reflecting consistent strong performance across every business line. Significant contributors included meaningful flows into our European gold and crypto currency products, as well as our Europe Defence UCITS ETF and our tokenized money market fund.
Post-quarter end, we completed our acquisition of Ceres Partners — marking our official entry into private markets. The Ceres acquisition opens the door to incremental revenue opportunities stemming from alternative uses of farmland, including solar projects and AI data centers.
At the same time, our gold strategies remain a key strength, as investors continue turning to real assets. This, in combination with deeper engagement from clients — more clients using more of our products — reinforces the strength of our platform and the trust we’ve earned from clients seeking real asset exposure in today’s environment.
Model portfolios continue to be one of our fastest-growing areas — with model AUM up more than 50% year-to-date — with custom solutions driving advisor adoption. We onboarded 13 new custom model clients in Q3, reinforcing our ability to meet advisors where they are. We’re growing market share in an advisor landscape that demands flexibility, efficiency and choice — and our offering is meeting that moment.
On the digital assets front, we continue to meaningfully advance what onchain finance can look like in practice. WisdomTree Prime® is now live with onchain transfer capabilities. WisdomTree Connect™ is benefitting from two core client segments: stablecoin issuers using the WisdomTree Government Money Market Digital Fund for reserves, and onchain businesses using it for corporate treasury. We have focused on creating a frictionless investing experience for the onchain community — it’s the kind of experience that builds trust and wallet share over time, giving us strong traction year-to-date and an even stronger pipeline ahead.
Beneath all of this, we continue to operate with focus and discipline. Our business model continues to demonstrate tremendous operating leverage, and, as we grow, we believe there’s substantial margin expansion ahead.
Today, WisdomTree is more diversified, more resilient and more future-ready than ever before. The foundation we’ve built is built to last — and we’re excited for what comes next.
— Jonathan Steinberg
Chief Executive Officer, WisdomTree