Roberts & Ryan Inc, America’s first service-disabled veteran-owned broker-dealer, announced a partnership with Allspring Global Investments (Allspring), launching Roberts & Ryan share classes in all three of Allspring’s Government and Treasury Money Market Funds. Allspring is a global asset management firm with $551 billion* in assets under advisement. The share classes will be available on market leading cash management platforms.
“Roberts & Ryan is honored to partner with Allspring and its leading Money Market Funds’ team. This addition to our suite of services provides our institutional customers with a way to manage their liquidity and generate competitive returns while also having a positive impact on the veteran community, which has provided all of us the freedoms we enjoy every day,” said Ed D’Alessandro, Roberts & Ryan Chief Executive Officer and a U.S. Navy veteran.
Roberts & Ryan specializes in underwriting and executing debt and equity capital markets transactions for corporate treasuries, hosting corporate access events, and secondary fixed income and equity trading. Through its social mission, the firm donates a portion of its top-line revenue to world-class nonprofits and foundations that focus on supporting veterans in general wellness, mental health, and career transition through partner nonprofits.
“We’re excited to provide cash management solutions to Roberts & Ryan’s clients,” shared Andrew Owen, President of Allspring Funds. “We are proud to work with an organization committed to supporting the veteran community.”
“As part of Roberts & Ryan’s social mission and corporate ethos of supporting the veteran community, we will be donating 10% of the gross revenue from our share classes to support our nation’s veterans through our nonprofit partners like Boulder Crest, The Children of Fallen Patriots, and The Robert Irvine Foundation,” said Ed D’Alessandro.
See full press release on News Direct.
About Allspring Global Investments
Allspring Global Investments™ is an independent asset management firm with more than $551 billion in assets under advisement*, over 20 offices globally, and investment teams supported by more than 460 investment professionals. Allspring is committed to thoughtful investing, purposeful planning, and inspiring a new era of investing that pursues both financial returns and positive outcomes. For more information, please visit www.allspringglobal.com.
*As of September 30, 2023. Figures include discretionary and non-discretionary assets. This material is provided for informational purposes only and is for professional, institutional, or qualified clients/investors. Not for retail use outside the U.S.
THIS MATERIAL DOES NOT CONSTITUTE AN OFFER OR SOLICITATION AND IN ANY CASE IS NOT INTENDED TO BE USED IN ANY JURISDICTION OR TO ANY PERSON WHERE IT WOULD BE UNAUTHORIZED OR UNLAWFUL TO DO SO.
