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Brooklyn Investment Group is a leading multi-asset custom direct indexing provider. As a result of the deal, Nuveen and Brooklyn said they will prioritize collaboration on three key initiatives in the coming months, with the first being to accelerate the integration of Nuveen’s alternatives and lifetime income capabilities into tax-advantaged offerings.
“Every day we hear from advisors about the demand for personalized multi-asset strategies with the returns that private market allocations offer. Through this partnership, we’ll unlock smart, always-on tax-management and combine the market expertise that distinguishes Nuveen and the innovative technology that Brooklyn has pioneered,” said Bill Huffman, CEO of Nuveen. “Together, we will reshape the direct indexing landscape by delivering alternatives and lifetime income in an expanded set of customizable solutions.”
https://401kspecialistmag.com/nuveen-acquires-brooklyn-investment-group/
