Victory Capital Holdings completes acquisition of WestEnd Advisors

Victory Capital Holdings Inc. closed the acquisition of WestEnd Advisors LLC on Dec. 31, 2021.

Charlotte, N.C.-based WestEnd Advisors will become Victory Capital Holdings' 12th investment franchise, according to a news release.

WestEnd Advisors provides financial advisers with core model allocation strategies, comprising four primary exchange-traded fund strategies and one large cap core strategy in separately managed account structures.

Victory Capital Holdings, a diversified global asset management company, had $160.5 billion in AUM as of Nov. 30, 2021, according to the news release.