Citi Wealth partners with Advyzon for global managed account program

Citi Wealth announced a strategic agreement with Advyzon Enterprise Solutions and Advyzon Investment Management to develop a Global Unified Managed Account (UMA) Program for clients across its global operations.

The program will serve Citi Private Bank, Wealth at Work, and Citigold & Citigold Private Client groups across North America, Latin America, Europe, Middle East, Africa, and Asia-Pacific regions. The offering combines various investment solutions including exchange-traded funds, mutual funds, separately managed accounts, and alternative investments into a single unified account structure.

Key features of the program include multi-currency capabilities, access to traditional and alternative investments, onshore and offshore investment structures, and integration with Citi Portfolio Solutions powered by BlackRock. The program will provide clients with a single account view, one client agreement, one fee structure, and enhanced reporting capabilities.

Advyzon was selected following a competitive search process. The technology platform includes artificial intelligence capabilities, model management, tax overlay, direct indexing, trading, portfolio modeling, rebalancing, billing, and reporting functions across multiple currencies and jurisdictions.

"Citi Wealth is excited about our strategic partnership with Advyzon to further enhance our differentiated global advisory offering to clients around the world," said Keith Glenfield, Head of Investment Solutions at Citi Wealth.

Hailin Li, founder and CEO of Advyzon, said the partnership creates "one global advisory platform that unites prospecting, account opening, unified management account/household, client reporting and custodial capabilities."

The initial rollout is scheduled to begin in the fourth quarter of 2026. Advyzon currently serves more than 2,500 wealth management firms through its unified platform.

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