Azimut Holding
Azimut Holding is an Italian-listed independent financial group operating across asset management, wealth management, investment banking, and fintech, serving over 1.8 million retail, SME, and institutional clients in 20 countries through a global network of financial advisors and €144 billion in assets under management.
- Company typePublic
- Founded1990
- HeadquartersMilan, Italy
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Azimut Holding does
Azimut Holding S.p.A. is an Italian independent financial group founded in 1990 through a management buyout that deliberately separated it from banking, insurance, and industrial group affiliations. Listed on the Milan Stock Exchange (ticker AZM) since 7 July 2004 and a constituent of the FTSE MIB, the company operates across four integrated verticals — asset management, wealth management, corporate investment banking, and fintech — serving retail, SME, ultra-high-net-worth, and institutional clients in approximately 20 countries across Europe, Latin America, the United States, the Middle East, and Asia. Distribution is driven by a global network of more than 100 financial advisors and wealth managers reaching over 1.8 million clients.
The platform spans public markets (fixed income, equities, multi-asset allocation, alternatives, Islamic finance), private markets (private debt, private equity, venture capital, infrastructure and real assets, liquid alternatives and crypto), discretionary portfolio management, unit-linked and private insurance, life and pension solutions, and investment banking advisory. The technology stack centers on the Azimut Marketplace digital platform for SMEs (live in Italy, Spain, and Brazil) offering instant financing, international payments, invoice advances, and AI-powered business advisory. Distinctive digital-asset capabilities include the AZIM security token issued with Sygnum Bank representing a portfolio of SME loans, the first tokenization of a closed-end fund on Allfunds, and the U.S. Azimut NSI platform hosting actively managed NYSE-listed ETFs (NSIV and NSIG) following the acquisition of North Square.
Revenue is predominantly recurring, generated through asset management fees on €144 billion in AUM as of Q1 2026, advisory fees from the wealth management network, and professional services from corporate investment banking. Q1 2026 total revenues reached €371 million, up 50% year-over-year, with recurring net profit of €128 million (+15%). Ownership is structurally diversified: approximately 66% free float held by individual and institutional shareholders, with about 21% held by roughly 2,000 financial advisors, managers, and staff under a shareholders' agreement that aligns the distribution network with corporate strategy. FY 2026 guidance targets €550 million in net profit, supported by record €32 billion in FY 2025 net inflows and ongoing geographic expansion into the United States, Brazil, and Australia.
Azimut Holding firmographics
Firmographics- Name
- Azimut Holding
- Legal name
- Azimut Holding S.p.A.
- Website
- https://azimut-group.com
- Company type
- Public
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Azimut Holding is an Italian-listed independent financial group operating across asset management, wealth management, investment banking, and fintech, serving over 1.8 million retail, SME, and institutional clients in 20 countries through a global network of financial advisors and €144 billion in assets under management.
- Ownership category
- akta.pro rank
Azimut Holding industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Finance and Insurance (52)
- SIC
- Investment Advice (6282), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)
- akta.pro secondary industries
- Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG), Investment Management Advisory (RIA) (FSAEAAAB), Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
Keywords
Where Azimut Holding is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
Azimut Holding business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Asset Management Fees: Recurring management fees from assets under management. Q1 2026 showed 32% expansion in AUM to 144 billion EUR with record net inflows of 4.6 billion EUR driving revenue growth.
- Advisory Services Fees: Fees from wealth management and advisory services provided through the global network of financial advisors and wealth managers to retail and institutional clients.
- Corporate Investment Banking: Investment banking services for businesses across their life cycle including financing, advisory, and capital markets access.
- Insurance Products: Revenue from unit-linked insurance plans and private insurance products with multi-asset strategies including private market instruments.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Azimut Holding product offering
Product offeringCore offering
Azimut Holding is an independent global financial group offering asset management, wealth management, investment banking and corporate advisory, insurance, and fintech services to retail, affluent, institutional, and corporate clients. Its product set spans public and private markets investment funds, discretionary portfolio management, life & pension products, tokenized digital assets, and a digital Marketplace platform serving SMEs with financing and capital solutions.
Product overview
Azimut Group operates as an independent global player in Asset Management, Wealth Management, Investment Banking, and Fintech. The company offers a unified platform combining public markets (Fixed Income, Equities, Allocation, Alternatives, Islamic Finance), private markets (Private Debt, Private Equity, Venture Capital, Infrastructure, Liquid Alternatives), discretionary portfolio management, and tokenized/digital asset services. Supporting services include insurance products (Private Insurance, Unit Linked), pension solutions, and the Azimut Marketplace fintech platform for SMEs offering AI-powered business advisory, instant financing, and international payments. The Group serves retail and institutional clients through a global network of financial advisors and distribution hubs across Europe, Latin America, the US, Middle East, and Asia.
Differentiator
Problem solved
Functional benefit
Brands
- MyAzimut: Customer reserved area platform for Azimut clients in Italy
- Azimut Marketplace
- AZIM
Products and services
- Public Markets Asset Management Managed investment products and funds across global public equity and fixed income markets, offered to retail, HNW, and institutional clients through Azimut's advisor network.
- Private Markets Asset Management Private market investment funds and mandates providing exposure to private equity, private debt, and alternative assets for qualifying retail, HNW, and institutional clients.
- Discretionary Portfolio Management Tailored discretionary portfolio management services for individual and institutional clients, with portfolios constructed and rebalanced by Azimut's investment professionals.
- Wealth Management Advisory Financial advisory services delivered through Azimut's network of financial advisors, supporting clients on investment planning, asset allocation, and wealth structuring.
- Investment Banking and Corporate Advisory Capital raising, M&A, and corporate advisory services for corporate and SME clients across European and international markets.
- Insurance and Life & Pension Products Life insurance, protection, and pension products distributed to retail and HNW clients through the group's advisor channels.
- North Square ETFs (NSIV, NSIG) Exchange-traded funds branded North Square (NSIV and NSIG), listed on the NYSE and distributed to US institutional and retail investors.
- Token & Digital Assets (AZIM Security Token, tokenized funds) Proprietary digital/tokenized investment products, including the AZIM security token and tokenized closed-end fund offerings, enabling digital access to Azimut investment strategies.
- Azimut Marketplace Proprietary digital platform providing SMEs with access to financing, capital, and fintech services through Azimut's investment banking and capital markets capabilities.
- Azimut NSI Investment Platform Proprietary investment platform supporting advisor-led product distribution and client portfolio management across Azimut's wealth and asset management offerings.
Companies that use Azimut Holding
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Azimut Holding technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature5 records
Azimut Holding partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- CS McKeecoreLong-tenured teams from CS McKee manage the North Square Disciplined Value ETF (NSIV) and North Square Growth Opportunities ETF (NSIG), with NSIV's underlying strategy managing approximately $2 billion in assets.
- CDP (Carbon Disclosure Project)minorAzimut became a signatory of CDP in 2019 with investor signatory status. Since 2020, the company participates in completing the climate change questionnaire to monitor and mitigate environmental impact and analyze climate-related risks and opportunities.
- Sygnum BankcorePartnership with Sygnum Bank, the world's first digital asset bank, to launch AZIM - the first security token. AZIM digitally represents a portfolio of loans to Italian SMEs.
- AllfundscoreLaunched the first tokenization of a closed-end fund on the Allfunds platform, enabling trading of fund units as digital tokens before the fund's expiry.
Scale indicators12 records
Recent moves7 records
Expansion highlights6 records
Azimut Holding competitors and assessment
Company assessmentDirect peers
- Azimut One (Italy-focused retail wealth peer set, captured here by Banca Generali): Italian-listed wealth manager with an extensive financial advisor network serving mass-affluent and affluent clients. Directly comparable independent wealth model focused on Italian retail savings, in the same FTSE MIB/Mid Cap segment as Azimut.
- Banca Mediolanum: Italian independent retail wealth manager with a large advisor network. Closely overlaps with Azimut's Italian retail wealth management franchise and competes for the same household savings.
- FinecoBank: Italian-listed online bank and wealth manager with strong advisor/broker channel. Competes directly with Azimut's MyAzimut digital offering and in the Italian mass-affluent and affluent segments.
- Julius Baer: Swiss-listed pure-play wealth manager focused on HNW clients globally. Most comparable independent wealth manager to Azimut in terms of model (advisor-led distribution, no retail banking parent) and product breadth.
Broad incumbents
- Franklin Templeton: Global asset manager with strong ETF, private market and alternative product suites. Directly comparable in product mix (public markets, alternatives, model portfolios) and global distribution, including tokenization initiatives.
- Amundi: Europe's largest asset manager by AUM, offering a similar mix of public and private market funds. Comparable in product breadth but operates at much larger scale and is bank-affiliated (Crédit Agricole).
- Mediobanca: Italian listed bank with a large wealth management division (Mediolanum, CheBanca!) and active asset management. Direct competitor in Italian HNW and institutional advisory, and shares the same Milan-listed analyst coverage universe as Azimut.
- UBS Group: Global wealth and asset management leader post-Credit Suisse. Overlaps with Azimut in cross-border wealth management, multi-asset funds, and institutional asset management, but at vastly greater scale and with banking integration.
- BlackRock: World's largest asset manager and dominant ETF issuer. Competes with Azimut NSI in active ETFs (NSIV/NSIG) and in institutional multi-asset mandates, though Azimut's retail distribution and private market focus differ.
Others
- Allfunds: Pan-European fund distribution platform and B2B wealth tech provider. Partner and infrastructure provider for Azimut (tokenized closed-end funds), and a key B2B enabler across Azimut's European distribution network.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Azimut Holding social profiles
Digital presenceAzimut Holding compliance and trust
Trust signalCompliance1 record
Azimut Holding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Azimut Holding leadership team
Management profileNumber of profiles
Profiles20 records
Azimut Holding subsidiaries and ownership
Company hierarchySubsidiaries19 records
Azimut Holding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Azimut Holding M&A and investment
M&A and investmentM&A4 records
Investments33 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Azimut Holding
What does Azimut Holding do?
Azimut Holding is an independent global financial group offering asset management, wealth management, investment banking and corporate advisory, insurance, and fintech services to retail, affluent, institutional, and corporate clients. Its product set spans public and private markets investment funds, discretionary portfolio management, life & pension products, tokenized digital assets, and a digital Marketplace platform serving SMEs with financing and capital solutions.
Is Azimut Holding a public or private company?
Azimut Holding is a public company. It is classified as public and is currently operating.
When was Azimut Holding founded?
Azimut Holding was founded in 1990. It employs 1,001 to 5,000 people.
Where is Azimut Holding based?
Azimut Holding is headquartered in Milan, Italy, in the Europe region.
How does Azimut Holding make money?
Four revenue lines are on record. Asset Management Fees are the primary driver. The others are advisory Services Fees, corporate Investment Banking and insurance Products.
Who are Azimut Holding's main competitors?
Direct peers on record are Azimut One (Italy-focused retail wealth peer set, captured here by Banca Generali), Banca Mediolanum, FinecoBank and Julius Baer. Broad incumbents are Franklin Templeton, Amundi, Mediobanca, UBS Group and BlackRock. Allfunds is listed as an others.
Does Azimut Holding have an API?
No public API is recorded for Azimut Holding.
What industry is Azimut Holding in?
Azimut Holding's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAA, Comprehensive/Full-Service RIAs & Independent Wealth Managers, with a secondary code of FSAAAAAG, Managed Accounts & Model Portfolios (SMA/UMA). Its NAICS code is 523940 and its SIC code is 6282.