Allspring Funds Management, LLC
Assets Under Management
$318.0B
Number of Clients
12,065
Number of Advisors
85
Average Client AUM
$26.4M
AUM per Advisor
$3.7B
Compensation
Fee-Only (AUM)
About This Firm
Allspring Funds Management advises U.S. registered mutual funds, closed-end funds, and exchange-traded funds, as well as managed account programs offered by other financial institutions. They utilize affiliated and unaffiliated sub-advisers for portfolio management and offer equity, fixed income, and other investment strategies.
Fee Structure
Fees for the Allspring Funds are based on a percentage of the fund's average daily net assets. For managed accounts, fees are negotiated with the program sponsor and generally range from 0.07% to 0.75% of the client's assets. Dual contract accounts have an upper fee range of 0.75%. Managed account clients also pay underlying investment fees and other account-related costs. Minimum account sizes range from $50,000 to $500,000 depending on the strategy and platform.
Areas of Practice
Location
1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, 28203