Overview
Allspring Global Investments is a global asset management firm headquartered in Charlotte, North Carolina, providing portfolio management, advisory, and asset allocation services to institutional and individual investors worldwide. The firm manages approximately $476 billion in assets under management and employs 450 investment professionals across offices around the world, with offices in over 20 countries. Originally established as Wells Fargo Asset Management in 1995, it became an independent firm in November 2021 following acquisition by private equity firms GTCR and Reverence Capital Partners.
The company operates in the investment management sector and focuses on developing diverse investment strategies that pursue both financial returns and positive outcomes. As of March 2026, Allspring employs approximately 1,117 people and continues to expand its capabilities, particularly in fixed income investment research and public market strategies.
Recent Leadership News
Kate Burke assumed the role of Chief Executive Officer on July 1, 2025, succeeding Joe Sullivan, who transitioned to Executive Chair. Burke brings over two decades of asset management industry experience, including previous senior roles at AllianceBernstein.
Facts compiled by Executive Moves from publicly available news and press releases on 9 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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