FNZ to acquire YieldX, Accelerating the Personalization of Wealth Management Solutions

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FNZ, the global asset management platform, has agreed to acquire YieldX, a US provider of bond portfolio management technology, optimization services and direct indexing tools to the industry. Asset Management.

Financial institutions, advisors and their clients will benefit from the unique combination of FNZ’s full-service platform and YieldX’s digital infrastructure and technology solutions. These innovative capabilities, which will be integrated into FNZ’s wealth management platform, enable clients to analyze a multitude of fixed-income opportunities globally and quickly identify results that reflect the duration and desired return, depending on their risk profile.

The acquisition will further support FNZ’s mission to deliver personalized investment solutions to more people in the wealth management industry. This is part of FNZ’s continued focus on innovation, which aims to provide more investment options at scale as end-users increasingly seek portfolio diversity and transparency. their investment. FNZ combines the most advanced investment, infrastructure and operations technology in a single, state-of-the-art platform, enabling global financial institutions to rapidly deliver personalized services and innovative wealth management products that perfectly fit their need. their customer.

Founded by Adam Green and Steve Gross in 2019, YieldX is headquartered in Miami with offices in New York. It serves a wide range of clients, from leading wealth and asset managers to B2C financial services and technology providers operating globally.

Following the acquisition, Adam Green will join FNZ as CEO of Wealth Management and Steve Gross will join FNZ as Chief Asset Management Strategist. Together with the leadership team, they will support broader expansion efforts of wealth management products, solutions, and technologies across North America.

Today, FNZ manages more than $1.5 trillion in client assets representing more than 20 million investors worldwide. It works with more than 650 major financial institutions and 8,000 wealth management firms in 21 countries, including abrdn, Barclays, Colonial First State, Envestnet, Generali, Lloyds Bank, Santander and Vanguard.

“We have a joint vision of opening up wealth by transforming the wealth management industry through more transparent, accessible, and personalized technology solutions. YieldX’s solutions perfectly complement our existing strengths and will further differentiate our offering for the benefit of all clients.”
“The acquisition also provides a unique opportunity to accelerate our growth and presence in the U.S. as we continue to add market-leading capabilities to our global wealth platform. We’re incredibly pleased to welcome Adam and Steve, as well as the wider YieldX team to FNZ. Like us, they are highly innovative, customer-obsessed and are an invaluable addition to our team.”
Tom Chard, CEO of North America, FNZ
“The demand for digital, personalized fixed-income solutions has skyrocketed over the last year as yields have risen. Pairing our capabilities with the world-class platform and team at FNZ will allow us to accelerate and scale the delivery of our solutions.”
“I am very excited about the opportunity to join FNZ and work with such a dedicated team. The opportunity to leverage YieldX to support FNZ’s expansion is a perfect fit.”
Adam Green, co-founder and CEO of YieldX.
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