Victory Capital Direct Investor Business Rebrands as “Victory Capital InVest” and Expands Offerings to Include Brokerage Capabilities

About this update from Victory Capital Holdings, Inc. Class A Common Stock

[{"type":"text","content":" SAN ANTONIO--(BUSINESS WIRE)--\nVictory Capital Holdings, Inc. (NASDAQ: VCTR) (“Victory Capital” or the “Company”) today introduced “Victory Capital InVest,” the new brand for its direct investor business. The Company also announced the expansion of the business to include “Marketplace,” its new open architecture brokerage platform for individual investors.\n\n\nMarketplace provides investors with access to trade individual stocks as well as a broad range of mutual funds and ETFs from many providers. Investors can also choose mutual funds and ETFs from Victory Capital. Later this year, the Company plans to introduce a digital investing platform that will enable investors to select model portfolios that are created and managed for them based on their individual goals. There is no change to the current platform, which provides investors direct access to Victory Funds and the Company’s USAA® 529 Education Savings Plan.\n\n\nThe Victory Capital InVest brand reflects the breadth of offerings available to individual investors while highlighting how easy it is to consolidate accounts with one provider and receive exceptional timely service and advice.\n\n\n“We take pride in treating every investor, every financial situation, and every goal, large or small, with the same level of personalized attention,” said David Brown, Chairman and Chief Executive Officer. “The introduction of Marketplace provides new and existing investors with the choice and flexibility they desire on a single platform.”\n\n\nMarketplace can be accessed online or through the Victory Capital mobile app, or by calling a U.S.-based investment specialist. The Company does not charge additional fees to investors seeking advice on how best to achieve their financial goals regardless of the size of their account. Investors pay zero commissions for most online trades and may be eligible to receive an investment bonus when they transfer assets to the new platform.\n\n\nAbout Victory Capital\n\n\nVictory Capital is a diversified global asset management firm with $158.6 billion in assets under management as of March 31, 2023. It was ranked No. 55 on the Fortune 100 Fastest-Growing Companies list for 2022 and is one of only 24 companies to make the list for the second consecutive year. The Company employs a next-generation business strategy that combines boutique investment q...

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