Citi Wealth Partnering With Allfunds for Smarter Mutual Fund Access
In a bold move toward innovation, Citi Wealth has announced a strategic partnership with Allfunds to enhance mutual fund offerings.
By leveraging Allfunds’ leading platform, Citi aims to boost execution speed and streamline post-trade processes for its wealth clients.
This collaboration marks a significant step in Citi Wealth’s broader strategy to simplify its investment operations and elevate client service.
As part of the agreement, Citi Wealth will also act as a new sub-distributor using Allfunds’ expansive investment distribution infrastructure.
This partnership is firmly rooted in a shared commitment to technology, agility, and client-first solutions across global wealth ecosystems.
Allfunds Platform Brings Speed, Scale, and Seamless Execution
Thanks to this deal, Citi Wealth will benefit from Allfunds’ fast trade execution, settlement, and reconciliation capabilities across investment channels.
This means clients can now expect quicker transactions, greater investment availability, and a frictionless mutual fund experience.
Furthermore, this collaboration empowers Citi Wealth advisors to offer third-party investment products more efficiently and at greater scale.
Allfunds’ robust platform helps reduce complexity in back-office operations while boosting productivity for both clients and wealth managers alike.
As more investors demand better access and speed, tech-powered wealth partnerships like this will likely become the new norm.
Leadership Champions Innovation in Wealth Collaboration
Daniel O’Donnell, Head of Alternatives and Investment Manager Solutions at Citi Wealth, emphasized the strategic nature of the partnership.
“We want strong partners to simplify operations and create growth,” he explained, noting Allfunds brings industry-best technology to the table.
Likewise, Gianluca Renzini, Chief Commercial Officer at Allfunds, praised Citi Wealth’s client-focused approach and global vision for wealth.
“This partnership shows our strength as a premier tech platform for top-tier institutions like Citi,” Renzini added confidently.
Their shared outlook makes tech-powered wealth partnerships more than a trend — they are now a cornerstone of financial transformation.
Rollout to Begin in EMEA, With Global Plans to Follow
Citi Wealth plans to launch these Allfunds-powered services with Citi Private Bank in EMEA by the end of 2025.
However, the firm has bigger goals, with a wider global rollout expected in 2026 and 2027 across more regions.
This aligns with Citi’s commitment to delivering an industry-leading investment platform for clients in every market it serves.
Moreover, the expanded access to funds supports Citi Wealth’s mission to offer more personalized, diversified portfolios with lower operational drag.
With investor needs evolving rapidly, this global rollout represents a timely evolution in mutual fund access and efficiency.
Why Tech-Powered Wealth Partnerships Are the Future
Wealth management firms are under pressure to deliver faster, smarter, and more personalized investment services in an increasingly digital world.
By partnering with Allfunds, Citi Wealth demonstrates how tech-powered wealth partnerships can transform legacy infrastructure into modern client experiences.
Rather than building everything in-house, smart collaborations like this allow firms to scale innovation and maintain focus on core strengths.
Citi’s choice to expand through partnership shows that agility and connectivity are now essential for modern wealth platforms.
Ultimately, tech-powered wealth partnerships are redefining how global institutions operate, compete, and meet rising client expectations.
Conclusion: Citi Wealth Sets the Tone for Modern Investment Access
With Allfunds as a tech enabler, Citi Wealth is pushing the boundaries of client-centric investment service and operational excellence.
Together, they aim to simplify mutual fund processes while enhancing advisor capabilities across every region and wealth segment.
This collaboration is a blueprint for the future — one where tech-powered wealth partnerships drive innovation, reach, and relevance.