Vestmark, a provider of wealth management technology, has announced a partnership with Allspring Global Investments, an independent asset management firm overseeing approximately $603 billion in assets. This collaboration aims to assist registered investment advisors (RIAs) in the creation and management of personalized, tax-aware investment portfolios at scale.
The agreement integrates Allspring’s active investment strategies and portfolio construction expertise with the trading infrastructure, investment management technology, and tax optimization tools offered by Vestmark.
This partnership is intended to grant increased flexibility regarding portfolio construction while simultaneously reducing the operational burdens associated with executing customized investment strategies.
Through Vestmark’s unified managed account (UMA) infrastructure, advisors will be able to integrate Allspring’s investment solutions alongside strategies from other asset managers.
The open-architecture framework allows advisors to retain control over investment selection and asset allocation while accessing external re
Vestmark Advisory Solutions will provide support for investment management tasks, including portfolio rebalancing, trading, tax-aware transitions, and ongoing tax management.
The offering also features Vestmark’s VAST tax-overlay solution, which is engineered to assist advisors in managing tax considerations across bespoke investment portfolios.
Tax-aware portfolio management often involves aligning investment transactions with the specific tax situations of clients, which includes evaluating realized losses and gains and executing portfolio adjustments in a tax-sensitive manner.
These processes can become increasingly intricate for advisory firms that manage large client bases with diverse portfolio holdings, investment objectives, and tax requirements.
Allspring will provide its active public markets investment strategies and its capabilities in investment consultation.
The firm maintains 18 offices around the world and employs approximately 370 investment professionals.
As of September 30, 2026, its $603 billion in assets under advisement includes both nondiscretionary and discretionary assets.
Vestmark delivers investment management technology to advisory firms, asset managers, and financial institutions.
According to its operating figures from June 30, 2026, the company works with six of the ten largest managed account program providers and supports more than $2 trillion in assets across approximately 72,000 financial advisors and over five million investor accounts.
Its platform supports model portfolios, unified managed accounts, tax optimization, direct indexing, and other customized investment programs.
The partnership highlights the growing demand among wealth management firms for technology that facilitates personalized investment strategies without requiring advisors to develop and maintain complex internal trading and portfolio management operations.
KEY QUOTES:
“Advisors increasingly want greater control over portfolio construction without taking on the operational complexity that comes with implementing and managing customized portfolios at scale. By bringing together Allspring’s investment strategies with Vestmark’s technology and operational infrastructure, advisors can maintain their investment approach while we help manage the trading, tax management and implementation behind the scenes.”
Rob Battista, Executive Vice President, Advisory Solutions At Vestmark
“Advisors are under pressure to deliver more sophisticated and personalized outcomes while maintaining efficiency as their businesses grow. By combining Allspring’s active investment expertise with Vestmark’s technology platform, we’re helping advisors address complex client situations their way.”
