Edward Jones acquiring Natixis IM's overlay management services to enhance investment services

From Yahoo Finance: 2025-07-01 07:16:00

US broker-dealer Edward Jones will acquire overlay management services from Natixis Investment Managers, including assets and technology. The financial details were not disclosed. Natixis will continue as a direct-indexing provider for Edward Jones’ managed accounts. The deal is expected to be finalized this year, enhancing Edward Jones’ investment services.

Edward Jones emphasizes the importance of overlay management services for financial planning and investment management. The portfolios aim to align with clients’ financial goals and incorporate tax strategies. Previously, Natixis IM provided these services. The partnership between the two firms dates back to 2011.

Natixis IM’s expertise in UMA implementation, direct indexing, and tax loss harvesting has supported Edward Jones. Some Natixis IM staff involved in overlay management services will receive employment offers from Edward Jones. The acquisition reflects Edward Jones’ commitment to investing in technology and expanding its service offerings.

In addition to the recent acquisition, Edward Jones introduced a new private client service called Edward Jones Generations for high net worth individuals in the US. The service will be available to select clients in Q2 2025, with a wider launch planned for 2026. The partnership between Edward Jones and Natixis IM aims to enhance client investment strategies and services.

Read more: Edward Jones to buy Natixis IM’s overlay management services