Vestmark, a provider of wealth management technology and services, and Allspring Global Investments, a global asset management firm with $603 billion in assets under advisement, have announced a strategic partnership to help registered investment advisers build and implement personalized, tax-aware model portfolios at scale while maintaining control over asset allocation and portfolio construction.
The partnership brings together Allspring’s broad range of differentiated public markets investment solutions and portfolio construction consultation with Vestmark’s technology, trading and tax-aware implementation capabilities. Advisers can incorporate Allspring’s institutional-quality, actively managed solutions alongside other investments within open-architecture portfolios. Built on Vestmark’s unified managed account infrastructure, the offering provides access to outsourced investment management, trading, rebalancing, tax-aware transitions and ongoing tax management th
