- Business
- Sprott Inc. is a global asset manager specializing in precious metals and critical materials investments; the company offers exchange-listed products including closed-end physical trusts for bullion such as gold, silver, uranium, platinum and palladium, and exchange-traded funds (ETFs) providing exposure to precious metals and critical materials miners; managed equities encompassing actively managed funds focused on gold mining equities, broad-based value-oriented equity strategies, and sub-advisory services for branded funds, fixed-term limited partnerships and managed accounts; private strategies in natural resources covering debt financing, royalties and streams, equity investments and physical commodities through limited partnership vehicles; and Sprott Wealth Management services as a full-service registered investment advisor with expertise in natural resources. Founded in 1981 by Eric Sprott and headquartered at Royal Bank Plaza in Toronto, Ontario, Canada, the company operates offices in New York, Connecticut and California, serving over 250,000 clients worldwide with approximately $49.1 billion in assets under management as of September 30, 2025. Subsidiaries include Sprott Asset Management LP, Sprott Resource Lending Corp. and Sprott U.S. Holdings Inc., which support its segments of exchange-listed products, managed equities, private strategies and corporate services; the company's common shares trade on the Toronto Stock Exchange under ticker SII.TO and the New York Stock Exchange under SII. Recent developments include the launch of the Sprott Active Metals & Miners ETF in September 2025, an actively managed fund targeting long-term capital appreciation across the metals and mining lifecycle; upsized US$200 million bought deal financing for the Sprott Physical Uranium Trust closed in June 2025 to acquire physical uranium; a US$25.55 million non-brokered private placement for the same trust in May 2025; record assets under management growth to $49.1 billion by Q3 2025 with $1.1 billion in net sales during the quarter; and initiation of an automatic share purchase plan under its normal course issuer bid in November 2025.