By leveraging BlackRock’s platform, CLA Wealth Advisors is now offering an even broader suite of investment solutions for individuals and institutions.
Minneapolis — June 4, 2015 — CliftonLarsonAllen Wealth Advisors, LLC (CLA Wealth Advisors) is pleased to announce that it will offer an even broader suite of investment solutions by leverarging the platform of BlackRock, Inc., a world leader in investment management, risk management, and advisory services for retail clients and institutions.
A client-focused decision
“Our relationship with BlackRock is one more way we are working to meet the needs of our individual and institutional clients, whether they’re looking to grow assets, create sustainable income, or preserve wealth,” says Tony Hallada, CEO of CLA Wealth Advisors. “We sought BlackRock out because its culture aligns with our commitment to do what is best for our clients.”
Poised for growth
Hallada says working with BlackRock will broaden CLA’s client offerings and position the wealth advisory firm for future growth. CLA views BlackRock as an essential part of its business. As the largest money manager in the world, BlackRock’s unmatched resources assist in designing and seeking to deliver high quality portfolios for clients looking for capital growth, current income, and absolute return solutions with downside protection.
BlackRock will assume management of CLA’s municipal bond portfolios for high net worth individuals, and provide expertise, proprietary research, and thought leadership at future educational and networking events for CLA clients.
BlackRock commitment to RIAs
“BlackRock is committed to the registered investment advisor (RIA) community and pleased that CLA Wealth Advisors is putting its trust in our tools and investment expertise,” says Hollie Fagan, head of BlackRock’s RIA business. “RIAs are particularly adept at evolving their business models to meet the changing needs of their clients, and we are happy to support CLA Wealth Advisors – and their clients – with investment solutions, research, and risk management.”
About CliftonLarsonAllen Wealth Advisors, LLC
CliftonLarsonAllen Wealth Advisors, LLC (CLA Wealth Advisors), an SEC-registered investment advisor, offers private wealth advisory services, including wealth management and investment planning; financial and retirement planning; estate, gift, and income tax planning; divorce financial planning; business succession planning; sell-side representation of mergers and acquisitions; insurance and risk management; employer-sponsored benefit plan design, compliance, and consulting; and investment consulting for endowments and foundations. The national wealth advisory practice consists of approximately 100 professionals who advise or consult on roughly $3.9 billion in total client assets. According to Accounting Today’s 2014 “Wealth Magnets” report, CLA Wealth Advisors is ranked fourth in the billion dollar club based on assets under management (AUM). This publication reviews wealth managers affiliated with CPA firms.
About BlackRock
As of March 31, 2015, BlackRock’s assets under management stood at $4.774 trillion. The firm strives to help clients meet their goals and overcome challenges with a range of products that include separate accounts, mutual funds, iShares® (exchange-traded funds), and other pooled investment vehicles. Headquartered in New York, the firm has more than 12,000 employees in more than 30 countries in North and South America, Europe, Asia, Australia, the Middle East, and Africa.
About CLA
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, digital, audit, tax, consulting, and outsourcing services. With nearly 9,000 people, more than 130 U.S. locations, and a global vision, we promise to know you and help you. CLA (CliftonLarsonAllen LLP) is an independent network member of CLA Global. See CLAglobal.com/disclaimer. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.