WLTH platform assets rise 12% YoY to $99.0B
Total platform assets grew 12% YoY to $99.0B, led by Investment Advisory growth while Cash Management declined. Revenue rose 1% YoY to $91.9M, with gross margin at 88% and adjusted EBITDA margin at 41%.
0B, supported by strong Investment Advisory growth while Cash Management declined. 9M. Gross margin was 88%, and adjusted EBITDA margin was 41%. Home Lending expansion and new product launches pushed expenses higher.