Sprott Q3 AUM rises 3% to $57.3 billion
SII•Sprott’s assets under management reached $57.3 billion at September 30, up 3% from the prior quarter, while third-quarter net income rose 67% to $22 million. The board authorized a 25% quarterly dividend increase.
1. Quarterly results
Sprott’s AUM was $57.3 billion at September 30, up 3% quarter over quarter and down 4% from year-end, before falling to $52.1 billion by October 30. Third-quarter net income rose 67% to $22 million, or $0.86 per share, driven primarily by higher average AUM; adjusted EBITDA increased 44% to $46 million.
2. Flows and dividend
Quarterly net redemptions totaled $207 million, compared with year-to-date net inflows of $1.1 billion. The board authorized a 25% quarterly dividend increase on November 3, and the company expects higher private-strategies capital deployment in 2027 and beyond.
