{"url":"https://nivawealth.com/firms/allspring-funds-management-110841","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110841","regulatoryAum":324654889545,"crd":"110841","secFileNumber":"801-58237","legalName":"Allspring Funds Management, LLC","displayName":"Allspring Funds Management","website":null,"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1415 Vantage Park Drive, 3rd Floor","city":"Charlotte","state":"NC","stateName":"North Carolina","country":"United States","postalCode":"28203"},"tradeNames":[],"registration":{"secApproved":"22 December 2000","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":714,"advisory":3,"brokerDealerReps":110,"insuranceAgents":0,"promoters":1},"aum":{"discretionary":324654889545,"discretionaryAccounts":10118,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":10161803355,"nonUsClientsPct":1,"nonAumClients":23},"clientTypes":[{"label":"Individuals (other than HNW)","clients":7267,"regulatoryAum":2897946189},{"label":"High-net-worth individuals","clients":1878,"regulatoryAum":5204463291},{"label":"Investment companies","clients":95,"regulatoryAum":311438821514},{"label":"Pooled investment vehicles","clients":18,"regulatoryAum":2486484408},{"label":"Pension and profit-sharing plans","clients":34,"regulatoryAum":152250316},{"label":"Charitable organizations","clients":460,"regulatoryAum":1600481738},{"label":"State or municipal government entities","clients":15,"regulatoryAum":151344071},{"label":"Corporations and other businesses","clients":351,"regulatoryAum":723098018}],"fees":[],"feeNotes":[],"custodians":[{"name":"Morgan Stanley Smith Barney LLC","shortName":"Morgan Stanley","location":"Purchase, NY","smaAssets":2387951317},{"name":"UBS Financial Services Inc.","shortName":"UBS Financial Services","location":"Weehawken, NJ","smaAssets":936175249},{"name":"Wells Fargo Clearing Services, LLC","shortName":"Wells Fargo Clearing Services","location":"ST. Louis, MO","smaAssets":5943427037}],"custodyNote":"Allspring Funds Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Kenney","title":"President","crd":"2387755"},{"name":"Annette Lege","title":"Chief Financial Officer","crd":"2244646"},{"name":"Sallie Squire","title":"Chief Operating Officer","crd":"2932918"},{"name":"Thomas Barbieri","title":"Chief Compliance Officer","crd":"8056901"}],"ownership":[{"label":"Allspring Global Investments Holdings, LLC","detail":"Managing member, direct parent company in the 75% or more ownership band and a control person, since July 2017."},{"label":"Allspring Buyer LLC","detail":"Indirect owner: a owner of Allspring Global Investments Holdings, LLC in the 75% or more band and a control person, since November 2021.","parent":"Allspring Global Investments Holdings, LLC"},{"label":"Allspring Intermediate II LLC","detail":"Indirect owner: a owner of Allspring Buyer LLC in the 75% or more band and a control person, since November 2021.","parent":"Allspring Buyer LLC"},{"label":"Allspring Intermediate I LLC","detail":"Indirect owner: a owner of Allspring Intermediate II LLC in the 75% or more band and a control person, since November 2021.","parent":"Allspring Intermediate II LLC"},{"label":"Allspring Group Holdings LLC","detail":"Indirect owner: a owner of Allspring Intermediate I LLC in the 75% or more band and a control person, since November 2021.","parent":"Allspring Intermediate I LLC"},{"label":"GTCR Fund Xiii/B LP","detail":"Indirect owner: a owner of Allspring Group Holdings LLC in the 25% to 50% band and a control person, since November 2021.","parent":"Allspring Group Holdings LLC"},{"label":"Sallie Squire","detail":"Indirect owner: manager; chief operating officer of Allspring Global Investments Holdings, LLC and a control person, since November 2021.","parent":"Allspring Global Investments Holdings, LLC"},{"label":"GTCR Partners Xiii/B LP","detail":"Indirect owner: general partner of GTCR Fund Xiii/B LP and a control person, since July 2020.","parent":"GTCR Fund Xiii/B LP"},{"label":"GTCR Investment Xiii LLC","detail":"Indirect owner: general partner of GTCR Partners Xiii/B LP and a control person, since July 2020.","parent":"GTCR Partners Xiii/B LP"},{"label":"Annette Lege","detail":"Indirect owner: manager; chief financial officer of Allspring Global Investments Holdings, LLC and a control person, since August 2024.","parent":"Allspring Global Investments Holdings, LLC"},{"label":"Catherine Burke","detail":"Indirect owner: manager; chief executive officer of Allspring Global Investments Holdings, LLC and a control person, since July 2025.","parent":"Allspring Global Investments Holdings, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"525 Market Street","city":"San Francisco"}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"800 Lasalle Ave","city":"Minneapolis"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"1415 Vantage Park Drive, 3rd Floor","city":"Charlotte","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"833-289-5038","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":38},{"label":"U.S. government/agency bonds","percent":8},{"label":"U.S. state and local bonds","percent":34},{"label":"Investment grade corporate bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":15},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"13 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110841/PDF/110841.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Allspring Funds Management have?","answer":"Allspring Funds Management has 10,118 clients and manages $324.7 billion for them, as of May 2026. They include 7,267 other individuals, 1,878 high-net-worth individuals and 460 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Allspring Funds Management offer?","answer":"Allspring Funds Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Allspring Funds Management use?","answer":"Allspring Funds Management’s separately managed account assets are held at Wells Fargo Clearing Services, LLC (ST. Louis, MO), with $5,943,427,037, Morgan Stanley Smith Barney LLC (Purchase, NY), with $2,387,951,317 and UBS Financial Services Inc. (Weehawken, NJ), with $936,175,249. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 13 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Allspring Funds Management have?","answer":"Allspring Funds Management has 0 investment adviser representatives registered with state securities authorities, out of 714 employees, and 3 perform investment advisory functions. 110 are registered representatives of a broker-dealer and 0 are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Allspring Funds Management invest in?","answer":"At the end of its last fiscal year, Allspring Funds Management’s separately managed accounts held 38% exchange-traded equities, 34% state and local bonds, 15% registered funds (mutual funds, ETFs, BDCs), 8% U.S. government and agency bonds, 4% investment grade corporate bonds and 2% cash and equivalents. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Allspring Funds Management?","answer":"Allspring Funds Management’s direct owner is Allspring Global Investments Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 13 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Allspring Funds Management get paid?","answer":"Allspring Funds Management is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}