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Genworth adds Eaton Vance to open-architecture investment platform

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Genworth Financial Wealth Management, a subsidiary of Genworth Financial, has added Eaton Vance as a portfolio strategist for client accounts.

Eaton Vance provides individual investors, institutions and financial professionals with a broad range of investment solutions.

Under the agreement, financial advisers on Genworth’s platform will have the option to select Eaton Vance as portfolio strategist for client accounts using Genworth’s Absolute Return and Tactical Unconstrained asset allocation approaches.

"We are very pleased to be adding Eaton Vance as a portfolio strategist on our platform," says Gurinder Ahluwalia, president of Genworth Financial Wealth Management. "It is one of the nation’s most established investment management firms, with a longstanding reputation for diligence and sound judgment. This relationship reflects our commitment to providing comprehensive options to our financial advisers and their clients."

"We could not be more excited about our partnership with Genworth Financial Wealth Management," says Payson Swaffield, chief income investment officer for Eaton Vance. "We have a proven record of providing competitive investment performance across a broad range of investment disciplines for our clients. We believe our seasoned customised solutions investment team can help provide investors with access to these strategies in a manner that meets their specific investment goals."

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