Citi Wealth Turns to Advyzon for Global Unified Managed Account Rollout as Banks Push Deeper Into Alternatives
Citi Wealth will partner with Advyzon to launch a global unified managed account program, starting in late 2026 for select private banking clients. The platform will combine ETFs, mutual funds, separately managed accounts, and alternatives in a single structure, integrating BlackRock’s portfolio solutions. Citi’s wealth unit reported $3.1 billion in Q1 revenue, up 11% from last year, but net new investment assets fell 11%.