Welcome to our dedicated page for Victory Capital Holdings news (Ticker: VCTR), a resource for investors and traders seeking the latest updates and insights on Victory Capital Holdings stock.
Victory Capital Holdings, Inc. (symbol: VCTR) is a leading independent investment management firm. Leveraging a next-generation, integrated multi-boutique business model, Victory Capital manages a substantial $62.3 billion in assets as of June 30, 2018. The company’s unique structure is made up of nine autonomous investment franchises, each fostering its own independent culture and distinct investment approach. This setup allows investment professionals to focus solely on delivering superior investment results, free from the encumbrances of other operational responsibilities.
Victory Capital offers a diversified range of investment solutions, including a prominent rules-based solutions platform that features the VictoryShares ETF brand. Moreover, the firm provides custom and multi-asset class strategies, catering to the varied needs of its clientele. The company’s robust infrastructure supports a centralized distribution, marketing, and operational framework, which benefits its franchises and solutions platform.
With a broad spectrum of asset classes and investment vehicles such as separately managed accounts, collective trusts, mutual funds, ETFs, and UMA/SMA vehicles, Victory Capital serves a wide range of clients. These include institutional investors, financial advisors, and retirement platforms. The company’s revenues are primarily derived from asset-based fees related to its investment management products and services.
Headquartered in San Antonio, Texas, Victory Capital has established itself as a significant player in the investment management industry. The firm’s commitment to achieving investment excellence and delivering tailored financial solutions underscores its operational philosophy and market presence.
Victory Capital Holdings (NASDAQ: VCTR) has announced the launch of its direct investor brand, Victory Capital InVest, alongside the introduction of Marketplace, a new open architecture brokerage platform. This platform offers investors access to trade stocks, mutual funds, and ETFs, including those from Victory Capital. Additionally, the company plans to unveil a digital investing platform later this year that provides model portfolios tailored to individual goals. Investors will benefit from zero commissions on most online trades and potential investment bonuses for asset transfers. As of March 31, 2023, Victory Capital manages approximately $158.6 billion in assets and was recognized in the Fortune 100 Fastest-Growing Companies list for 2022.
Victory Capital Holdings (NASDAQ: VCTR) reported assets under management (AUM) of
Victory Capital Holdings, Inc. (NASDAQ: VCTR) announced it received eight 2023 US Refinitiv Lipper Fund Awards based on risk-adjusted returns ending November 30, 2022. CEO David Brown highlighted the recognition as a testament to the firm's commitment to delivering excellent long-term returns. The awards honor funds with superior risk-adjusted performance compared to peers. Victory Capital manages $157.7 billion in assets as of February 28, 2023, and has been recognized on the Fortune 100 Fastest-Growing Companies list for 2022.
FAQ
What is the current stock price of Victory Capital Holdings (VCTR)?
What is the market cap of Victory Capital Holdings (VCTR)?
What does Victory Capital Holdings, Inc. do?
How much assets does Victory Capital manage?
What is the VictoryShares ETF brand?
Where is Victory Capital Holdings, Inc. headquartered?
What types of clients does Victory Capital serve?
How does Victory Capital generate its revenue?
What is the business model of Victory Capital?
What types of investment vehicles does Victory Capital offer?
How does Victory Capital support its investment franchises?
Who are the primary beneficiaries of Victory Capital's services?
