Q4 2025 Fiera Capital Corp Earnings Call Transcript

Feb 26, 2026 / 03:00 PM GMT

Release Date Price: C$5.75 (-3.36%)

Transcript

Key Points

Positve

Fiera Capital Corp (FRRPF) reported a 5.7% increase in assets under management (AUM) for the year, driven by net inflows and strong equity market growth.
The company captured new mandates totaling $3.2 billion in public markets, reflecting strong interest in Canadian large GAAP, US, and emerging market strategies.
Private market AUM grew by 11.4% year-over-year, with significant demand for real estate, infrastructure, and agriculture strategies.
Adjusted net earnings for the quarter increased to $30 million, up from $23 million in the same quarter last year.
The company has a robust pipeline of $2 billion in committed, undeployed capital for future opportunities.

Negative

Total AUM, including sub-advised strategies, declined by 1.8% for the year due to net outflows from sub-advisory strategies.
Net outflows in the US fixed income business were attributed to structural changes at investment advisory partners.
Private wealth AUM declined by 6% year-over-year, impacted by negative net contributions.
Total revenues for the year declined by 2%, largely due to lower revenues from sub-advised mandates and public market performance fees.
SG&A expenses, excluding share-based compensation, increased by 7% quarter-over-quarter, primarily due to higher subadvisory fees.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

FSZ.TO - Fiera Capital Corp
Q4 2025 Fiera Capital Corp Earnings Call
Feb 26, 2026 / 03:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and welcome to the Fierra Capital's earnings call to discuss financial results for the fourth quarter of 2025. I will now turn the conference over to Natalie Medak, Director of Investor Relations. You may be in your conference.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you and good morning everyone. Welcome to the Sierra Capital Conference call to discuss our financial results for the 4th quarter and full year. A copy of today's presentation can be found in the investor relations section of our website.

Comments made on today's call, including replies

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.