Exhibit 99.1

WisdomTree Announces Second Quarter 2019 Results

$2.5 million net income, or $7.8 million net income, as adjusted

$0.01 diluted EPS for the quarter, $0.05 as adjusted

Declares $0.03 quarterly dividend

New York, NY – (GlobeNewswire) – July 26, 2019 – WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager today reported net income of $2.5 million or $0.01 diluted EPS in the second quarter. Adjusted net income (a

non-GAAP measure1) was $7.8 million1 or $0.05 diluted EPS1. This compares to net income of $16.7 million or $0.10 diluted EPS (as adjusted, $14.3 million1 or $0.09 diluted EPS1) in the second quarter of last year and net income of $8.8 million or $0.05 diluted EPS (as adjusted, $7.7 million1 or $0.05 diluted EPS1) in the first quarter of 2019.

WisdomTree CEO and President Jonathan Steinberg said, “We experienced our third consecutive quarter of net inflows, led by the strength of our European gold franchise, a category with significant demand in the current macro environment. Overall, we are seeing an improvement on our absolute and relative growth trends; this is a direct result of the investments we’ve made to expand and diversify our product line-up, and transform our distribution reach and approach, including an award-winning solutions program.”

Steinberg continued, “There are undeniable signs our distribution strategy is working. Over the past 12 months, we achieved 20% organic growth from clients using our solutions program or on platforms where we have commission-free agreements in place; this is multiples faster than non-solutions or non-platform clients.”

“We have worked tirelessly over the past few years to remain at the forefront of product innovation, diversify our business to reduce volatility, and to transform our distribution models. We are beginning to realize the benefits of our efforts and the investments we have made into the business,” Steinberg concluded.

 

     Three Months Ended     Change From  
     June 30,
2019
    Mar. 31,
2019
    June 30,
2018
    Mar. 31,
2019
    June 30,
2018
 

Consolidated Operating Highlights ($, in billions):

          

AUM

   $ 60.4     $ 59.1     $ 60.0       2.2     0.7

Net inflows/(outflows)

   $ 0.3     $ 0.6     $ (1.2     (39.6 %)      n/a  

Average AUM

   $ 58.6     $ 57.7     $ 61.3       1.5     (4.5 %) 

Average advisory fee

     0.45     0.46     0.48     -0.01       -0.03  

Consolidated Financial Highlights ($, in millions, except per share amounts):

          

Operating revenues

   $ 66.3     $ 65.5     $ 74.8       1.2     (11.3 %) 

Net income

   $ 2.5     $ 8.8     $ 16.7       (71.9 %)      (85.2 %) 

Diluted earnings per share

   $ 0.01     $ 0.05     $ 0.10     $ (0.04   $ (0.09

Operating income margin

     18.0     16.3     19.4     1.7       -1.4  

Non-GAAP1:

          

Net income, as adjusted

   $ 7.8     $ 7.7     $ 14.3       0.1     (45.4 %) 

Diluted earnings per share, as adjusted

   $ 0.05     $ 0.05     $ 0.09     $ 0.00     $ (0.04

Operating income margin, as adjusted

     20.2     19.9     30.0     0.3       -9.8  

Recent Business Developments

Company News

 

   

In May 2019, LPL Financial LLC announced plans to reduce transaction charges from $9.00 to $4.95 for WisdomTree ETFs on the firm’s Strategic Asset Management (SAM) and Strategic Wealth Management (SWM) platforms.

 

   

In June 2019, Pershing announced that it expanded its FundVest® ETF no-transaction-fee platform adding 43 additional WisdomTree ETFs.

 

1


The following information was filed by Wisdomtree Investments, Inc. (WETF) on Friday, July 26, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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