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What's New In Investments, Funds? – Citi Wealth, AssetMark, NetLaw
Editorial Staff
22 April 2026
Citi Wealth AssetMark Founded in 1996, AssetMark has over 1,000 employees and serves more than 10,000 financial advisors; as of December 31, 2025, it had more than $160 billion in platform assets. NetLaw
Citi Wealth has agreed to partner with Advyzon Enterprise Solutions and Advyzon Investment Management to deliver a global unified managed account program for clients.
The Citi Wealth program is aimed at Citi Private Bank, Wealth at Work and Citigold & Citigold Private Client groups.
Citi Wealth offers a range of investment advisory solutions which include exchange-traded funds, mutual funds, separately management accounts, alternative investments and other services. The new offering puts all of these entities into one UMA.
“We believe that this is truly an industry innovation and a unique investment program, considering the global reach and combination of capabilities,” Keith Glenfield, head of investment solutions, Citi Wealth, said.
The initial rollout of this offering will start in the fourth quarter of 2026.
AssetMark, a US wealthtech, has launched an enhanced self-directed brokerage account program for advisors. The program helps advisors to deliver professional, in-plan investment advice and portfolio management services for client assets held in workplace retirement plans.
Explaining the rationale for the program, AssetMark said that while about 40 per cent of employer-sponsored retirement plans offer an SDBA option, adoption has remained limited, due to the complexity of plan configuration and implementation details. Employer-sponsored retirement plans hold more than $12 trillion in assets, yet only a small fraction – about 2.4 per cent – of participants use an SDBA option.
“For many investors, their workplace retirement plan represents their largest financial asset,” Michael Kim, AssetMark CEO said. “We enhanced our SDBA program to help financial advisors more seamlessly extend holistic wealth management into the plan environment so retirement assets can be managed with the same level of care, consistency, and professionalism as the rest of a client’s portfolio.”
The new SDBA structure is built around 10 diversified, professionally managed mutual fund strategies designed specifically for in-plan retirement accounts. Advisors can select the investment strategy that best aligns to investor objectives, which include ongoing monitoring, rebalancing, and risk management.
AssetMark has been expanding. Earlier in November, the firm said it was buying Efficient Advisors, an asset management platform with $3 billion in client assets, from its owners, Fiduciary Services Group.
NetLaw, a technology-enabled estate planning platform for the wealth management industry, and Hargrove Firm, the affiliated law firm powered by NetLaw, said yesterday that wealth management firms overseeing more than $400 billion in client assets now use their integrated model to provide attorney-led estate planning.
Recent partnerships with firms including Carson Group and Merit Financial Advisors helped drive assets over the $400 billion mark.
Conditor Equity took a growth stake in NetLaw in December last year. The company recently appointed Tim Fisk as senior vice president of partnerships, bringing experience from Bryn Mawr Trust, Envestnet, and Merrill Lynch. It also appointed Tanner DeBry as vice president of “advisor success,” with prior roles at Addepar and Goldman Sachs.
NetLaw’s technology enables Hargrove Firm’s estate planning attorneys to work directly with each client in a formal attorney-client relationship, backed by full malpractice coverage, while helping advisors keep estate planning integrated into the broader client conversation.