Following another year of growth, LGT has reported a 16% increase in assets under management (AUM). Despite ongoing geopolitical and economic uncertainties, the Group’s financial stability and long-term approach have continued to drive resilience and success. This week, we speak with LGT Wealth Management CEO Ben Snee to discuss the key drivers behind this performance and what’s next for LGT in 2025.
Ben Snee: Last year presented numerous geopolitical and economic challenges, with shifts in global market conditions proving difficult to forecast. However, the stability of LGT’s business model and long-term approach mean that we can invest into our offering, when others are fearful, and stay the course in spite of challenging market conditions.
In addition to the solid results reported, the business continued to grow. We are delighted that the integration of abrdn Capital Limited (aCL) was successfully completed in 2024, following the acquisition in 2023. Its results have been reflected in LGT’s results since September 2023.
Client trust is paramount to us and we remain dedicated to delivering the highest level of care and a personalised service to all our clients, whether with us for many years or those who have recently joined the LGT family.
The resilience and long-term approach of LGT should be a comfort to clients in today’s volatile world, as should its robust financial strength and global reach. We are, as always, extremely grateful to our valued clients and their ongoing support of the business.
Ben Snee: Owing to solid results in 2024, the business has continued to invest in our technology platforms, enhancing our IT infrastructure and digitalisation, which in turn improves our clients’ digital experience. We are focused on leveraging technological advances, including generative artificial intelligence, to improve efficiencies and deliver an exceptional experience to our clients.
We are dedicated to providing our clients with an excellent service and ensuring that we deliver good investment outcomes, in alignment with their financial objectives.
Ben Snee: Underpinned by our private ownership, entrepreneurial spirit and a rigorous investment strategy, we remain committed to creating long-term value for all stakeholders. We empower our teams to work with conviction to achieve tangible results and our global investment perspective positions us to explore diverse asset classes, sectors and geographies, driving growth in spite of macroeconomic volatility.
Our clients remain at the heart of what we do, with our enterprising mindset fostering continuous innovation and investment. Through this commitment, we will continue to deliver exceptional service and robust returns.
Find out more in the press release.
This communication is provided for information purposes only. The information presented herein provides a general update on market conditions and is not intended and should not be construed as an offer, invitation, solicitation or recommendation to buy or sell any specific investment or participate in any investment (or other) strategy. The subject of the communication is not a regulated investment. Past performance is not an indication of future performance and the value of investments and the income derived from them may fluctuate and you may not receive back the amount you originally invest. Although this document has been prepared on the basis of information we believe to be reliable, LGT Wealth Management UK LLP gives no representation or warranty in relation to the accuracy or completeness of the information presented herein. The information presented herein does not provide sufficient information on which to make an informed investment decision. No liability is accepted whatsoever by LGT Wealth Management UK LLP, employees and associated companies for any direct or consequential loss arising from this document.
LGT Wealth Management UK LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom.
