Clients
Allspring Global Investments serves 10,401 clients, 1,893 of them high-net-worth individuals. The average client has about $46 million with the firm, and high-net-worth clients hold 1% of its $475.8 billion in assets.
- Investment companies40 clients71%
- Pooled investment vehicles8 clients3%
- Pension and profit-sharing plans78 clients4%
- Charitable organizations501 clients2%
- State or municipal government entities65 clients5%
- OtherInsurance companies, Corporations and other businesses, Individuals, High-net-worth individuals, Sovereign wealth funds and foreign official institutions14%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 7,267 | $2,897,946,189 | 0.6% | $399K |
| High-net-worth individuals | 1,893 | $5,703,760,769 | 1.2% | $3.01M |
| Investment companies | 40 | $339,937,222,731 | 71.4% | $8.50B |
| Pooled investment vehicles | 8 | $13,582,675,946 | 2.9% | $1.70B |
| Pension and profit-sharing plans | 78 | $21,127,707,320 | 4.4% | $270.9M |
| Charitable organizations | 501 | $10,015,523,902 | 2.1% | $20.0M |
| State or municipal government entities | 65 | $25,257,930,464 | 5.3% | $388.6M |
| Insurance companies | 125 | $41,438,490,686 | 8.7% | $331.5M |
| Sovereign wealth funds and foreign official institutions | Not reported | $918,285,885 | 0.2% | — |
| Corporations and other businesses | 424 | $14,900,983,278 | 3.1% | $35.1M |
| Total | 10,401 | $475,780,527,170 | 100% | $45.7M |
- Clients
- 7,267
- Regulatory AUM
- $2,897,946,189
- Share
- 0.6%
- Avg. per client
- $399K
- Clients
- 1,893
- Regulatory AUM
- $5,703,760,769
- Share
- 1.2%
- Avg. per client
- $3.01M
- Clients
- 40
- Regulatory AUM
- $339,937,222,731
- Share
- 71.4%
- Avg. per client
- $8.50B
- Clients
- 8
- Regulatory AUM
- $13,582,675,946
- Share
- 2.9%
- Avg. per client
- $1.70B
- Clients
- 78
- Regulatory AUM
- $21,127,707,320
- Share
- 4.4%
- Avg. per client
- $270.9M
- Clients
- 501
- Regulatory AUM
- $10,015,523,902
- Share
- 2.1%
- Avg. per client
- $20.0M
- Clients
- 65
- Regulatory AUM
- $25,257,930,464
- Share
- 5.3%
- Avg. per client
- $388.6M
- Clients
- 125
- Regulatory AUM
- $41,438,490,686
- Share
- 8.7%
- Avg. per client
- $331.5M
- Clients
- Not reported
- Regulatory AUM
- $918,285,885
- Share
- 0.2%
- Avg. per client
- —
- Clients
- 424
- Regulatory AUM
- $14,900,983,278
- Share
- 3.1%
- Avg. per client
- $35.1M
Total
- Clients
- 10,401
- Regulatory AUM
- $475,780,527,170
- Share
- 100%
- Avg. per client
- $45.7M
What it does
Allspring Global Investments 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. It is paid through a percentage of assets, fixed fees and performance-based fees.
Allspring Global Investments advises 14 private funds.
Nearly all assets ($475.77B across 11,051 accounts) are managed with discretion; $13.8M across 4 accounts are not. $10.16B sits in a wrap fee program the firm both sponsors and manages. 1% of clients are outside the U.S., and 26 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks11%
- Funds4%
- Bonds76%
- Investment grade corporate bonds37%
- U.S. government and agency bonds25%
- State and local bonds12%
- Sovereign bonds1%
- High-yield corporate bonds1%
- Cash4%
- Other5%
- This category generally includes collateralized mortgage obligations, asset-backed securities, mortgage-backed securities and commercial mortgage-backed securities.5%
Custodians
Allspring Global Investments’ client accounts are held mainly at Northern Trust, with 6% of managed assets, and State Street Bank and Trust, with 4%. Allspring Global Investments has custody of $4.15B for 115 clients.
- The Bank of New York Mellon, N.A.The Bank of New York Mellon, N.A. · Jersey City, NJ · $14.92B3%
- Northern TrustNorthern Trust Corporation · Wilmington, DE · $26.71B6%
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $18.91B4%
- Principal Financial GroupPrincipal Financial Group, Inc. · Wilmington, DE · $13.96B3%
- All other custodians$401.28B84%
Ownership and leadership
Allspring Global Investments Holdings, LLC owns 75% or more of Allspring Global Investments.
- Owns 75% or more of Allspring Global Investments, LLC
Allspring Global Investments Holdings, LLC
Control person · since November 2021
- Owns 75% or more of Allspring Global Investments Holdings, LLC
Allspring Buyer, LLC
Control person · since November 2021
- Owns 75% or more of Allspring Buyer, LLC
Allspring Intermediate II, LLC
Control person · since November 2021
- Owns 75% or more of Allspring Intermediate II, LLC
Allspring Intermediate I, LLC
Control person · since November 2021
- Owns 75% or more of Allspring Intermediate I, LLC
Allspring Group Holdings, LLC
Control person · since November 2021
- Owns 25% to 50% of Allspring Group Holdings, LLC
GTCR Fund Xiii/B LP
Control person · since November 2021
GTCR Partners Xiii/B LP
General partner · Control person · since July 2020
GTCR Investment Xiii LLC
General partner · Control person · since July 2020
Sallie Squire
Manager, chief operating officer · Control person · since November 2021
Annette Lege
Manager, chief financial officer · Control person · since August 2024
Catherine Burke
Manager, chief executive officer · Control person · since July 2025
Leadership
- Francis BarankoPresident, Chief Investment Officer - Global Fundamental Investments
- Annette LegeChief Financial Officer
- Sallie SquireChief Operating Officer
- Jimmy TranChief Compliance Officer
Staff
- 956 employees
- 301 in advisory functions
- 109 broker-dealer reps
- 9 soliciting firms
Fees
Allspring Global Investments is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees.
Allspring Global Investments’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Allspring Global Investments has 10 offices, with 11 listed addresses across 10 states.
California · 2 listed addresses
- 2001 N Main ST, Walnut Creek
- 525 Market Street, San Francisco
Indiana · 1 listed address
- 310 East 96th ST, Indianapolis
Massachusetts · 1 listed address
- 101 Seaport BLVD, Boston
Minnesota · 1 listed address
- 800 Lasalle Ave, Minneapolis
Missouri · 1 listed address
- 500 N Broadway Ave, Saint Louis
New York · 1 listed address
- 330 Madison Avenue, New York
North Carolina · 1 listed address
- 1415 Vantage Park Drive, 3rd Floor, CharlotteHQ
Oregon · 1 listed address
- 5335 Meadows Road, Lake Oswego
Virginia · 1 listed address
- 1402 Roseneath Road, Richmond
Wisconsin · 1 listed address
- 417 E Chicago ST, Milwaukee
Registration details
- Legal name
- Allspring Global Investments, LLC
- Headquarters
- 1415 Vantage Park Drive, 3rd Floor, Charlotte, NC 28203
- Phone
- 18332895038
- Website
- www.allspringglobal.com
- SEC file
- 801-21122
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Allspring Global Investments have?
Allspring Global Investments has 10,401 clients and manages $475.8 billion for them, as of May 2026. They include 7,267 other individuals, 1,893 high-net-worth individuals and 501 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 13 May 2026
What services does Allspring Global Investments offer?
Allspring Global Investments 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
Which custodians does Allspring Global Investments use?
Allspring Global Investments’ separately managed account assets are held at Northern Trust Corporation (Wilmington, DE), with $26,706,567,942, State Street Bank and Trust Company (Boston, MA), with $18,910,537,278, The Bank of New York Mellon, N.A. (Jersey City, NJ), with $14,920,518,536 and Principal Financial Group, Inc. (Wilmington, DE), with $13,961,400,039. 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
How many financial advisors does Allspring Global Investments have?
Allspring Global Investments has 0 investment adviser representatives registered with state securities authorities, out of 956 employees, and 301 perform investment advisory functions. 109 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
What does Allspring Global Investments invest in?
At the end of its last fiscal year, Allspring Global Investments’ separately managed accounts held 37% investment grade corporate bonds, 25% U.S. government and agency bonds, 12% state and local bonds, 11% exchange-traded equities, 5% this category generally includes collateralized mortgage obligations, asset-backed securities, mortgage-backed securities and commercial mortgage-backed securities., 4% registered funds (mutual funds, ETFs, BDCs), 4% cash and equivalents, 1% sovereign bonds and 1% high-yield corporate bonds. It advises 14 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Allspring Global Investments?
Allspring Global Investments’ direct owner is Allspring Global Investments Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 13 May 2026
How does Allspring Global Investments get paid?
Allspring Global Investments is paid through a percentage of assets under management, fixed fees 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