Roberts & Ryan Inc, Americas first service-disabled veteran-owned broker-dealer, announced a partnership with Allspring Global Investments (Allspring), launching Roberts & Ryan share classes in all three of Allsprings 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 DAlessandro, 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.
Were excited to provide cash management solutions to Roberts & Ryans 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 & Ryans 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 nations veterans through our nonprofit partners like Boulder Crest, The Children of Fallen Patriots, and The Robert Irvine Foundation, said Ed DAlessandro.
Roberts & Ryan, Inc. is a Service-Disabled Veteran Owned (SDVO) broker dealer providing services in debt and equity capital markets, equity and fixed-income secondary trading, as well as corporate access events. The firm was founded in 1987 by a United States Marine Corps Vietnam combat veteran and Purple Heart recipient.
With over $1.8 million in committed donations since 2018, Roberts & Ryan is active in donating to charitable foundations that make significant positive impacts in the lives of Veterans and their families, focusing on general wellness, mental health, and career transition. To learn more about Roberts & Ryan, please visit www.roberts-ryan.com.
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.
Roberts & Ryan, Inc.
Michael C. Del Priore
View source version on newsdirect.com: https://newsdirect.com/news/roberts-and-ryan-partners-with-allspring-global-investments-to-launch-a-new-money-market-fund-share-class-to-benefit-military-veterans-432401725
Roberts & Ryan, Inc.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Everest Market Insights journalist was involved in the writing and production of this article.