Sprott Inc. is a globally recognized alternative asset manager with a specialized focus on precious metals and critical materials investments. Founded in 1981 and headquartered in Toronto, Canada, the firm operates through several key segments: Exchange Listed Products, Managed Equities, Private Strategies, and Brokerage. The company's flagship offerings include its physical bullion trusts, such as the Sprott Physical Gold Trust and Sprott Physical Silver Trust, which provide investors with direct, liquid exposure to physical metals. In recent years, Sprott has expanded its focus to include energy transition materials, launching successful ETFs targeting uranium, copper, lithium, and rare earth miners.
Revenue is primarily generated through management fees based on assets under management (AUM) and performance fees from its actively managed funds, physical trusts, and private lending strategies. The Exchange Listed Products segment is the largest revenue driver, benefiting from the scale of its closed-end physical trusts and ETFs traded on major North American exchanges. The Private Strategies segment provides direct lending and streaming activities to mining companies, offering capital in exchange for long-term returns. With a contrarian investment philosophy, Sprott serves a diverse global client base of institutional and individual investors across North America and internationally, positioning itself as a premier gateway for exposure to the broader commodities, mining, and real assets markets.