Allspring Global Investments Holdings, LLC

Founded in 1970 and based in Missouri, US, Allspring Global Investments Holdings, LLC, formerly known as Wells Fargo Asset Management, operates as an asset management firm that provides advisory services to institutional and individual investors. Joe Sullivan is the CEO of the company. Allspring Global Investments employs 1,400 employees across 18 offices globally. GTCR and Reverance Capital Partners acquired the firm in February 2021 for USD 2.

1 billion and rebranded it as Allspring Global Investments. Allspring Global Investments provides a broad range of differentiated investment solutions and products including risk management, financial planning, and investment management services to help its clients meet their investment objectives. The company also operates a small and medium enterprises (SME) platform called Remi that offers services such as tax management, transition process (creating investment portfolio by analyzing their client's interest rate, credit, and duration risk tolerances), and customized SMA solutions (tax-loss harvesting and credit quality) Following its purchase agreement with GTCR and Reverance Capital Partners, Allspring Global Investments plans to continue its organic growth by focusing on businesses that serve its corporate clients and core consumers, growing its wealth and brokerage businesses, and further enhancing solutions and products for its customers and also plans to locate its headquarters in Charlotte, North Carolina.