Virtus Investment Partners Inc
corporate.virtus.comWhat Do They Do?
Provides investment management and related services to individual and institutional investors, offering funds, separate accounts and wealth advisory services.
10-K for FY2025, filed Feb 27, 2026
How Do They Make Money?
Most revenue comes from asset-based fees for managing funds and accounts, based on portfolio assets; fund fees are generally received monthly. Distribution revenue also includes front-end charges when fund shares are sold.
10-K for FY2025, filed Feb 27, 2026We provide investment management services pursuant to investment management agreements through our investment advisers (each an "Adviser").…View ↗
The Company provides investment management services pursuant to investment management agreements through its investment advisers.…View ↗
Distribution and service fees are sales- and asset-based fees earned from our U.S. retail funds for marketing and distribution services.…View ↗
$852.9M
-
10-K for FY2025, filed Feb 27, 2026
$852.9M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Investment management fees
Recurring
10-K for FY2025, filed Feb 27, 2026 |
85%
FY2022: 82%
|
Investment management fees, FY2025
$725M Sources
|
Recurring |
|
Distribution and service fees
|
5.8%
FY2022: 7.6%
|
Distribution and service fees, FY2025
$49.6M Sources
|
|
|
Administration and shareholder service fees
Recurring
|
8.6%
FY2022: 9.7%
|
Administration and shareholder service fees, FY2025
$73.3M Sources
|
Recurring |
|
Other income and fees
|
0.6%
FY2022: 0.5%
|
Other income and fees, FY2025
$5M Sources
|
Who Are Their Customers?
Individual investors access strategies through funds, intermediary-sold managed accounts and wealth advice; institutional clients include corporations, retirement funds, foundations and endowments. Retail products are distributed through financial intermediaries, while wealth advice is marketed directly and institutional products through consultants and directly to clients.
10-K for FY2025, filed Feb 27, 2026We offer investment strategies for institutional and individual investors in different investment products and through multiple…View ↗
Intermediary-sold managed accounts are individual investment accounts that are contracted through intermediaries as part of investment…View ↗
Wealth management accounts are investment accounts offered by certain of our investment managers directly to individual investors and…View ↗
Our institutional clients include corporations, multi-employer retirement funds, public employee retirement systems, foundations and…View ↗
Our institutional distribution resources include investment manager-specific sales teams primarily focused on the U.S. market, supported by…View ↗
Our retail distribution resources in the U.S. consist of regional sales professionals, a national account relationship group and…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in FY2025, but spent more cash than it brought in: free cash flow was −$74.1M.
10-K for FY2025, filed Feb 27, 2026
$168.7MView ↗
10-K for FY2025, filed Feb 27, 2026
$136MView ↗
10-K for FY2025, filed Feb 27, 2026
−$74.1MView ↗
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 7, 2026
Open tableView ↗
-
Mar 2, 2026
Acquired a majority stake in Keystone National Group
The investment adds Keystone's asset-backed lending strategies, including equipment, real estate, financial-asset and corporate loans.
Sources
8-K, filed Mar 2, 2026
On March 1, 2026 (the “Closing”), Virtus Investment Partners, Inc., a Delaware corporation (the “Company”), through its wholly owned…View ↗
Shrinking. Revenue fell 13% in 4 years, from $979.2M in FY2021 to $852.9M in FY2025, about 3% a year.
Loading...
