Digital Digest: The Latest Tech News - Allspring

Editorial Staff

17 January 2024

Allspring
Allspring Global Investments has launched a financial advisor portal for separately managed accounts.

Advisors can use the portal to put in client preferences, such as their goals, and receive a tailored investment proposal based on their clients’ financial objectives, risk profile, and tax considerations.

The portal is an extension of Remi, the firm’s multi-asset, custom separately managed account.

The firm oversee $547 billion of assets under advisement and one of the 10 largest providers of SMAs in the US.

The platform supports both active and passive strategies across municipal bonds, taxable fixed income, and equities.

“Custom SMAs and direct indexing are some of the fastest-growing products right now, and Remi offers financial advisors and their clients a fully customizable platform with holistic tax management and a simplified transition process,” Manju Boraiah, head of Systematic Edge Fixed Income and Custom SMA Investments at Allspring, said.

Katie D’Angelo, Allspring’s head of global relationship management, said: “Advisors and investors are increasingly gravitating to SMAs to streamline the complex financial planning and wealth restructuring challenges associated with this transition.”