{"product_id":"vcm-business-model-canvas","title":"Victory Capital Business Model Canvas","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eUnlock a winning Business Model Canvas: replicate value, scale distribution, sustain revenue\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eUnlock Victory Capital’s strategic playbook with our Business Model Canvas—3–5 sentences that reveal how it creates value, scales distribution, and sustains revenue. This concise, downloadable Canvas (Word \u0026amp; Excel) is perfect for investors, advisors, and founders seeking actionable insights to replicate or benchmark success. Purchase the full file to access all nine blocks and practical takeaways.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eartnerships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional allocators \u0026amp; consultants\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInstitutional allocators and consultants act as gatekeepers for mandates, with the OCIO market surpassing $4 trillion in 2024, making these relationships critical for access to institutional flows. Partnering improves placement in RFPs and inclusion in model portfolios, materially boosting pipeline. Joint research and due-diligence sessions enhance credibility with allocators, while co-marketing at conferences expands reach into consultant networks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDistribution platforms \u0026amp; intermediaries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eWirehouses, RIAs, broker-dealers and retirement recordkeepers distribute Victory Capital strategies at scale, with the firm reporting approximately $150 billion AUM in 2024 to support broad intermediary reach. Platform approval and rigorous due diligence remain critical for shelf space and revenue access. Data-sharing agreements enable targeted marketing analytics and wholesaling, while model marketplaces in 2024 accelerated adoption via model-delivered solutions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCustodians, fund administrators \u0026amp; transfer agents\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eOperational partners—custodians, fund administrators and transfer agents—handle account servicing, NAV calculation and shareholder recordkeeping; Victory Capital reported roughly $122.2 billion AUM in 2024, so scale pricing materially lowers per‑asset servicing costs. Strong SLAs (often targeting sub‑1% settlement error rates) cut reconciliation costs and boost client experience. Integrated tech stacks streamline flows across mutual funds, ETFs and SMA platforms, raising operating margins as AUM grows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMarket data, technology \u0026amp; analytics providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eRelationships with OMS\/EMS vendors, risk systems, and pricing data providers power Victory Capital’s investment processes, enabling straight-through workflows and centralized pricing consistency. APIs and cloud infrastructure deployed in 2024 support autonomous team workflows and sub-second data exchange for trading and portfolio rebalancing. Advanced analytics bolster risk oversight and compliance, while vendor roadmaps are integrated into product innovation cycles.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOMS\/EMS integrations\u003c\/li\u003e\n\u003cli\u003eCloud APIs\u003c\/li\u003e\n\u003cli\u003ePricing feeds\u003c\/li\u003e\n\u003cli\u003eRisk analytics\u003c\/li\u003e\n\u003cli\u003eVendor roadmaps\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eETF ecosystem \u0026amp; liquidity partners\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eExchanges, authorized participants and market makers form the backbone of Victory Capitals ETF liquidity, enabling tight spreads—many large US ETFs reported median spreads under 1 basis point in 2024—which improves investor outcomes and platform acceptance. Efficient creation\/redemption workflows cut transaction costs and tracking error, while joint education with partners grew distribution across advisor and retail channels in 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\u003c\/ul\u003e\n\u003cli\u003eExchanges\/APs\/MMs: primary liquidity providers\u003c\/li\u003e\n\u003cli\u003eTight spreads: median \u0026lt;1 bp for large US ETFs in 2024\u003c\/li\u003e\n\u003cli\u003eCreation\/redemption: lowers costs \u0026amp; tracking error\u003c\/li\u003e\n\u003cli\u003eJoint education: boosts advisor \u0026amp; retail adoption\u003c\/li\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Partnerships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOCIO \u003cstrong\u003e\u0026gt;4T\u003c\/strong\u003e allocators, intermediaries (\u003cstrong\u003e~150B\u003c\/strong\u003e) and ETF liquidity (median \u003cstrong\u003e\u0026lt;1 bp\u003c\/strong\u003e) drive mandate access\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInstitutional allocators (OCIO market \u0026gt;4 trillion in 2024) and consultants drive mandate access and RFP success. Intermediaries (Victory Capital ~150 billion AUM in 2024) enable scale distribution and model inclusion. ETF liquidity partners deliver tight spreads (median \u0026lt;1 bp for large US ETFs in 2024), lowering costs and tracking error.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003ePartner\u003c\/th\u003e\n\u003cth\u003e2024 metric\u003c\/th\u003e\n\u003cth\u003eRole\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAllocators\/Consultants\u003c\/td\u003e\n\u003ctd\u003eOCIO \u0026gt;4T\u003c\/td\u003e\n\u003ctd\u003eMandates\/RFP access\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntermediaries\u003c\/td\u003e\n\u003ctd\u003e~150B AUM\u003c\/td\u003e\n\u003ctd\u003eDistribution\/Models\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAPs\/MMs\/Exchanges\u003c\/td\u003e\n\u003ctd\u003eMedian spread \u0026lt;1 bp\u003c\/td\u003e\n\u003ctd\u003eETF liquidity\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA comprehensive Business Model Canvas for Victory Capital detailing customer segments, value propositions, channels, revenue streams, key partners, activities, resources, cost structure, and governance. Designed for analysts and investors to assess real-world operations, competitive advantages, risks, and strategic opportunities.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eCondenses Victory Capital’s business model into a clean, one-page canvas that saves hours of structuring and formatting while making strategy easy to review and compare.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eA\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ectivities\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eActive investment management\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eResearch-driven security selection across equity, fixed income and alternatives underpins Victory Capital’s active management, supporting a multi-boutique platform that manages over $150 billion in AUM with 30+ specialized investment teams. Portfolio construction is executed within formal risk frameworks and client-specific guidelines to target risk-adjusted returns. Continuous monitoring (daily), periodic rebalancing (typically quarterly) and detailed performance attribution drive implementation and oversight. Cross-team idea sharing and centralized due diligence coordinate alpha generation and risk control.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eProduct development \u0026amp; vehicle engineering\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eProduct development and vehicle engineering design strategies across mutual funds, ETFs, SMAs, CITs and private vehicles, supporting Victory Capital’s ~160 billion USD AUM (2024). Vehicles are aligned to tax, fee and liquidity preferences to optimize after‑tax outcomes. New funds launch to fill client demand and market gaps; share‑class architecture preserves pricing tiers and distribution flexibility.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSales, marketing \u0026amp; distribution enablement\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eWholesaling to advisors and institutions via targeted campaigns drives pipeline across Victory Capital's diversified platforms, leveraging its roughly $150 billion AUM (2024). Thought leadership, webinars and CE content boost advisor engagement and retention, producing measurable lift in lead quality. RFP\/RFI responses and consultant relations prioritize mandate wins with institutional buyers. Digital marketing and analytics continuously optimize conversion funnels and CAC.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRisk, compliance \u0026amp; fiduciary oversight\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eCentralized risk, compliance and fiduciary oversight at Victory Capital coordinates autonomous investment teams, enforcing firm-wide trading, valuation and best-execution policies and conducting regulatory reporting and audits across jurisdictions; firm-reported AUM near 160 billion USD in 2024 drives scale for these controls. ESG and stewardship processes are integrated on a client-driven basis.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eCentralized oversight\u003c\/li\u003e\n\u003cli\u003eTrading\/valuation\/best-exec policies\u003c\/li\u003e\n\u003cli\u003eRegulatory reporting \u0026amp; audits\u003c\/li\u003e\n\u003cli\u003eClient-driven ESG stewardship\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClient service \u0026amp; reporting\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eClient service \u0026amp; reporting delivers quarterly reviews (4 per year), tailored reporting and performance commentary, plus structured onboarding and transitions for mandates and plans to minimize implementation risk and cycle time. Data transparency is enabled via client portals and APIs for 24\/7 access, while continuous feedback loops drive retention and cross-sell improvements.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eQuarterly reviews: 4\/year\u003c\/li\u003e\n\u003cli\u003eCustom reporting \u0026amp; commentary\u003c\/li\u003e\n\u003cli\u003eOnboarding \u0026amp; transitions\u003c\/li\u003e\n\u003cli\u003ePortals \u0026amp; APIs: 24\/7 data access\u003c\/li\u003e\n\u003cli\u003eFeedback loops → higher retention\/cross-sell\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Activities-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eResearch-led, risk-managed multi-boutique platform — \u003cstrong\u003e~160B USD\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eResearch-led security selection and risk-managed portfolio construction power Victory Capital’s multi-boutique platform (firm AUM ~160 billion USD in 2024; 30+ investment teams). Product engineering across mutual funds, ETFs, SMAs and private vehicles optimizes tax\/fee\/liquidity choices. Wholesaling, digital marketing and RFP efforts drive institutional and advisor mandates; client service provides 4 quarterly reviews and 24\/7 portal access.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003e~160B USD\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTeams\u003c\/td\u003e\n\u003ctd\u003e30+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eQuarterly reviews\u003c\/td\u003e\n\u003ctd\u003e4\/yr\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eWhat You See Is What You Get\u003c\/span\u003e\u003cbr\u003e Business Model Canvas\u003c\/h2\u003e\n\u003cp\u003eThe document you're previewing is the exact Victory Capital Business Model Canvas you'll receive after purchase. It's not a mockup—this live preview reflects the complete, editable deliverable. After buying, you'll download the same file ready for editing, presenting, and sharing.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eesources\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAutonomous investment teams\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAutonomous investment teams at Victory Capital comprise specialized portfolio managers and analysts, with over 20 independent teams producing differentiated alpha across equity and fixed income. Independence and clear accountability align compensation to team track records, underpinning measurable risk-adjusted returns. The talent brand attracts experienced investors, reinforcing growth for the firm’s multi-billion-dollar AUM.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBrand, distribution network \u0026amp; consultant relationships\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVictory Capital, listed on NASDAQ as VCTR, is a recognized multi-boutique manager with platform reach and over 20 boutique investment teams. Deep ties with advisors, consultants and platforms underpin distribution across national accounts and key account management that drive scale. Its reputation supports pricing power and access to institutional and intermediary channels, reinforcing competitive positioning.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInvestment \u0026amp; risk technology stack\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVictory Capital’s investment stack—OMS\/EMS, research databases and enterprise risk systems—drives portfolio and compliance decisions across its ~$170B AUM (2024). Robust data governance enforces lineage and quality, while automation trims reporting and compliance cycle times and reduces manual error. Scalable cloud architecture supports rapid capacity growth and low-latency execution for multi-asset strategies.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory licenses \u0026amp; fund complexes\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVictory Capital leverages registered entities, fund trusts and a governed board structure to run a shelf of mutual funds, CITs and ETF exemptions that enable broad distribution; firm AUM exceeded $150 billion in 2024, supporting scale and product placement. Global registrations across key markets expand addressable investor pools while legal frameworks protect clients and the firm.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eRegistered entities\u003c\/li\u003e\n\u003cli\u003eFund trusts \u0026amp; board governance\u003c\/li\u003e\n\u003cli\u003eShelf funds, CITs, ETF exemptions\u003c\/li\u003e\n\u003cli\u003eGlobal registrations\u003c\/li\u003e\n\u003cli\u003eRegulatory\/legal protections\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntellectual property \u0026amp; performance track records\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVictory Capital's intellectual property — proprietary research, quantitative models, and detailed process documentation — underpins repeatable investment decisions; long-term (10+ year) performance histories are a primary selection criterion and Victory reported over $150 billion AUM in 2024, while thought leadership and client case studies differentiate outcomes in crowded categories.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eProprietary research \u0026amp; models\u003c\/li\u003e\n\u003cli\u003e10+ year performance histories\u003c\/li\u003e\n\u003cli\u003eThought leadership differentiation\u003c\/li\u003e\n\u003cli\u003eClient case studies reinforcing outcomes\u003c\/li\u003e\n\u003cli\u003eAUM \u0026gt; $150 billion (2024)\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Resources-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003e20+ teams and platform scale drive repeatable alpha across \u003cstrong\u003e~$170B\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eAutonomous investment teams (20+ boutiques) and proprietary research\/models drive repeatable alpha and client retention. Platform OMS\/EMS, cloud risk systems and regulated fund wrappers support scalable distribution and compliance across ~$170B AUM (2024). Brand and advisor relationships enhance pricing power and institutional access, aligning compensation with team track records.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003e~$170B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestment teams\u003c\/td\u003e\n\u003ctd\u003e20+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTicker\u003c\/td\u003e\n\u003ctd\u003eVCTR (NASDAQ)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eV\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ealue Propositions\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDifferentiated multi-boutique alpha\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVictory Capital leverages 25+ autonomous investment teams within a multi-boutique platform and over $150 billion AUM (2024), offering varied styles to fit diverse mandates. Reduced house-view bias across boutiques enhances portfolio diversification and lowers correlation risk. Proven, accountable processes yield repeatable alpha and risk controls. Clients can allocate across complementary engines to tailor return and volatility profiles.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eComplete lineup across vehicles\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVictory Capital offers mutual funds, ETFs, SMAs, CITs and alternatives across channels, tapping into an ETF market that topped 10 trillion USD by 2024; tax and fee flexibility (tax-loss harvesting can add ~1% annual after-tax alpha) enhances after-fee outcomes; institutional wrappers satisfy governance and compliance for fiduciaries; products are built for plug‑and‑play implementation in models and advisor\/platforms.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional-grade risk \u0026amp; compliance\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInstitutional-grade risk and compliance combine robust oversight with delegated team autonomy, supporting Victory Capital’s management of over $100 billion AUM (2024). Transparent SOC 1\/SOC 2 reporting and quarterly auditability build consultant trust. Consistent risk budgeting and drawdown controls align with RIA and ERISA fiduciary standards.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClient-centric service \u0026amp; transparency\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eVictory Capital delivers responsive, client-centric service with proactive communication and 24-hour response SLAs, custom reporting and API\/portal access with 99.9% uptime, plus advisor-facing education and client-ready insights to align objectives and constraints across portfolios.\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e24-hour response SLA\u003c\/li\u003e\n\u003cli\u003e99.9% portal\/API uptime\u003c\/li\u003e\n\u003cli\u003eCustom reporting + API access\u003c\/li\u003e\n\u003cli\u003eAdvisor education for client use\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCompetitive pricing \u0026amp; scalable solutions\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eVictory Capital aligns fee structures to channel norms and share classes, leveraging model-delivered strategies to reduce implementation friction and preserve advisor economics; its scale (about $152.4 billion AUM as of March 31, 2024) helps keep total expense ratios competitive while active liquidity and capacity management support durable flows.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eFee alignment: channel\/share-class aware\u003c\/li\u003e\n\u003cli\u003eModel delivery: lower implementation friction\u003c\/li\u003e\n\u003cli\u003eScale: TERs compressed via $152.4B AUM (3\/31\/2024)\u003c\/li\u003e\n\u003cli\u003eDurability: managed liquidity \u0026amp; capacity\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Value-Propositions-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMulti-boutique platform: \u003cstrong\u003e$152.4B\u003c\/strong\u003e AUM, 25+ teams, ETF scale, 24h SLA\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVictory Capital’s multi-boutique platform (25+ teams) and $152.4B AUM (3\/31\/2024) deliver diversified, repeatable alpha with institutional risk controls and channel-aligned fees. Product breadth (mutual funds, ETFs, SMAs, CITs, alternatives) and ETF market scale (\u0026gt; $10T in 2024) enable plug‑and‑play implementation and tax\/fee optimization (~1% potential after‑tax alpha from tax‑loss harvesting). Client service includes 24‑hour SLA and 99.9% portal uptime.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM (3\/31\/2024)\u003c\/td\u003e\n\u003ctd\u003e$152.4B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInvestment teams\u003c\/td\u003e\n\u003ctd\u003e25+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eETF market (2024)\u003c\/td\u003e\n\u003ctd\u003e\u0026gt; $10T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePortal uptime\u003c\/td\u003e\n\u003ctd\u003e99.9%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eResponse SLA\u003c\/td\u003e\n\u003ctd\u003e24 hours\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Relationships\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDedicated institutional coverage\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eDedicated institutional coverage pairs account managers and investment directors serving plans and OCIOs with regular reviews, onsite meetings and governance support; Victory Capital reported about $165 billion AUM in 2024 and serves over 2,000 institutional clients, offering customized guidelines, tailored reporting and a partnership approach to mandate evolution.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAdvisor-focused wholesaling\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eExternal and internal wholesalers support thousands of RIAs and broker-dealers, pairing practice management tools and accredited CE content to deepen engagement; model portfolio integration assistance accelerates advisor adoption, while national accounts teams ensure fast, prioritized responses for institution-level requests.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital self-service \u0026amp; data portals\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVictory Capital’s digital self-service and data portals provide client dashboards for performance, holdings, and documents, integrated API feeds for platforms and consultants, on-demand commentary and insights, plus secure messaging and ticketing for queries; Victory Capital reported $169.0 billion in AUM as of 6\/30\/2024, supporting institutional and advisory connectivity at scale.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eEducation \u0026amp; thought leadership\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVictory Capital’s education and thought-leadership program delivers market outlooks, whitepapers and webinars that drive portfolio-construction guidance and case studies, with ESG and policy updates integrated as relevant; 2024 saw record client demand for sustainable-investing content and more frequent policy briefings amid evolving regulation.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eMarket outlooks and webinars\u003c\/li\u003e\n\u003cli\u003ePortfolio construction case studies\u003c\/li\u003e\n\u003cli\u003eESG and policy briefings\u003c\/li\u003e\n\u003cli\u003eChannel- and segment-tailored content\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eClient feedback \u0026amp; co-creation\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eVictory Capital (NASDAQ: VCTR) leverages product advisory councils and regular client surveys to shape roadmaps, running pilots with key partners to validate features before wider rollout; as of 6\/30\/2024 AUM stood at 164.5 billion, aligning product priorities with large institutional needs. Post-onboarding retros collect qualitative fixes while data-driven churn and satisfaction tracking (NPS and cohort analytics) drive iterative improvements.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAdvisory councils → roadmap alignment\u003c\/li\u003e\n\u003cli\u003ePilots → validated launches\u003c\/li\u003e\n\u003cli\u003eRetros → onboarding refinements\u003c\/li\u003e\n\u003cli\u003eMetrics → churn \u0026amp; satisfaction tracking\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Relationships-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional reach: \u003cstrong\u003e$164.5B\u003c\/strong\u003e, \u003cstrong\u003e2,000+\u003c\/strong\u003e clients; ESG spikes\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eDedicated institutional coverage, wholesalers and digital portals deliver tailored reporting, model integration and rapid service, supporting over 2,000 institutional clients and driving mandate evolution; Victory Capital reported $164.5 billion AUM as of 6\/30\/2024. Education, ESG content and advisory councils steer product roadmaps, pilots and retros, with data-driven churn and satisfaction tracking guiding iterative improvements.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eAUM (6\/30\/2024)\u003c\/td\u003e\n\u003ctd\u003e$164.5B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional clients\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;2,000\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eESG demand\u003c\/td\u003e\n\u003ctd\u003eRecord in 2024\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003ehannels\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional direct sales \u0026amp; RFPs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCoverage teams respond to more than 200 RFP\/RFI engagements annually, including finals presentations, supported by a consultant database of roughly 2,200 contacts kept current; targeted conferences and 30+ roadshows per year drive institutional pipeline, while virtual diligence rooms have streamlined onboarding and client diligence, reducing turnaround times by about 40% and improving RFP-to-win conversion to roughly 15% in 2024.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIntermediary platforms \u0026amp; model marketplaces\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003ePlacement across wirehouse and ~19,000 RIA platforms in 2024 boosts Victory Capital’s distribution reach, while model delivery via multiple TAMPs and model marketplaces enables scalable access to advisers and institutions. Sleeve-level access for UMA programs supports customized allocations and tax management at the sleeve level. Enhanced data integrations and API-led connectivity improve discoverability and model adoption by surfacing performance, risk and compliance metadata in-platform.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetirement plan recordkeepers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVictory Capital partners with retirement plan recordkeepers to provide access to 401(k)\/403(b) menus and CIT platforms, integrating with recordkeepers that administer more than 8 trillion in U.S. defined-contribution assets (2024).\u003c\/p\u003e\n\u003cp\u003eOfferings include share classes tailored to plan economics and centralized CIT solutions to reduce fees and improve net returns for plan sponsors.\u003c\/p\u003e\n\u003cp\u003eFiduciary documentation, QDIA design options where applicable, and scalable participant education support (digital + advisor-led) are standard parts of the distribution channel.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eETF exchanges \u0026amp; brokerage ecosystems\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eExchange listings boost accessibility and liquidity—U.S. ETF assets exceeded $9 trillion in 2024—while collaboration with APs and market makers tightens intraday spreads and supports creation\/redemption. Digital brokerage distribution targets self-directed investors via commission-free platforms, and marketing emphasizes ticker recognition and competitive quoted spreads (large-cap ETFs often \u0026lt;1 bps).\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eListings: liquidity + visibility\u003c\/li\u003e\n\u003cli\u003eAPs\/MMs: creation\/redemption, spread compression\u003c\/li\u003e\n\u003cli\u003eBrokerages: self-directed distribution\u003c\/li\u003e\n\u003cli\u003eMarketing: tickers, advertised spreads\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDigital marketing \u0026amp; owned media\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eDigital marketing and owned media for Victory Capital leverage website portals, newsletters and webinars to drive advisor engagement; SEO\/SEM captures intent demand while social and email nurture sustain pipelines, with 2024 email open rates at 22.3% and webinar attendance averaging 12%.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eWebsite\/portals: conversion tracking\u003c\/li\u003e\n\u003cli\u003eNewsletters: 22.3% open rate (2024 DMA)\u003c\/li\u003e\n\u003cli\u003eWebinars: ~12% attendance\u003c\/li\u003e\n\u003cli\u003eSEO\/SEM: intent capture\u003c\/li\u003e\n\u003cli\u003eSocial\/email: advisor nurture\u003c\/li\u003e\n\u003cli\u003eAnalytics: campaign refinement\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Channels-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCoverage: 200+ RFPs\/yr, \u003cstrong\u003e15%\u003c\/strong\u003e wins, onboarding -40%\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCoverage teams manage 200+ RFPs\/year with ~15% RFP-to-win (2024) and onboarding turnaround cut ~40% via virtual diligence; distribution spans wirehouses and ~19,000 RIA platforms, plus TAMPs\/model marketplaces and UMA sleeves for tax-managed allocations. Retirement channel integrates with recordkeepers overseeing \u0026gt;8 trillion DC assets (2024) using tailored share classes and CITs. ETFs and digital broker channels leverage exchange liquidity (U.S. ETF AUM \u0026gt;9T, 2024) and marketing channels (email open 22.3%, webinars ~12%).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eRFPs\/year\u003c\/td\u003e\n\u003ctd\u003e200+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRFP-to-win\u003c\/td\u003e\n\u003ctd\u003e~15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOnboarding speed\u003c\/td\u003e\n\u003ctd\u003e-40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRIA platforms\u003c\/td\u003e\n\u003ctd\u003e~19,000\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRecordkeeper DC AUM\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;8T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eU.S. ETF AUM\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;9T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEmail open rate\u003c\/td\u003e\n\u003ctd\u003e22.3%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWebinar attendance\u003c\/td\u003e\n\u003ctd\u003e~12%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomer Segments\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutional investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eInstitutional investors—pensions, endowments, foundations, insurers and sovereigns—seek alpha, steady income, or liability-aware solutions and demand robust reporting and governance. They frequently engage via consultants and OCIOs, requiring customized mandates, fiduciary-grade compliance, and transparent performance attribution. Victory Capital positions dedicated teams and reporting capabilities to meet these institutional requirements.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFinancial intermediaries\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eFinancial intermediaries—RIAs, broker-dealers, wirehouse advisors and TAMPs—drive distribution for Victory Capital, which reported $171.9 billion AUM at 12\/31\/2024; packaged models and SMA\/UMA vehicles deliver scale and repeatable implementation. Emphasis on documented track record, competitive fee tiers and low operational friction facilitates advisor adoption. Ongoing sales support and advisor education are required to convert platforms and sustain flows.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetirement platforms \u0026amp; plans\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFor recordkeepers, plan sponsors, and consultants serving Victory Capital retirement platforms in 2024, fee scrutiny is intense—median total DC plan cost ~0.40%—driving preference for CITs and institutional share classes to lower expenses and improve net participant outcomes. Fiduciary standards demand documented ERISA compliance and clear fee benchmarking; robust operations, trade processing, and fulsome disclosures are required to support transparency and measurable participant outcomes.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHigh-net-worth \u0026amp; retail investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cphigh-net-worth and retail investors access victory capital via advisors brokerages direct digital channels prioritizing simplicity liquidity tax efficiency.\u003e\n\u003cpetfs and mutual funds are the primary vehicles with global etf assets having surpassed trillion usd before continuing strong inflows into\u003e\n\u003cpinvestor education programs raise retention and share of wallet by improving product understanding tax-efficient allocation choices.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAccess: advisors, brokerages, direct digital\u003c\/li\u003e\n\u003cli\u003ePriorities: simplicity, liquidity, tax efficiency\u003c\/li\u003e\n\u003cli\u003eVehicles: ETFs \u0026amp; mutual funds (global ETF AUM \u0026gt;10T pre-2024)\u003c\/li\u003e\n\u003cli\u003eRetention: education boosts share of wallet\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pinvestor\u003e\u003c\/petfs\u003e\u003c\/phigh-net-worth\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOCIOs \u0026amp; model portfolio providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOCIOs and model portfolio providers allocate across managers and vehicles while demanding rigorous manager due diligence, capacity controls, and transparent risk reporting; in 2024 this focus intensified as multi-client platforms prioritized scalable, repeatable processes to support growing mandate complexity.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAllocate across managers \u0026amp; vehicles\u003c\/li\u003e\n\u003cli\u003eDemand due diligence, capacity, risk transparency\u003c\/li\u003e\n\u003cli\u003ePrefer scalable, repeatable processes\u003c\/li\u003e\n\u003cli\u003eInfluence flows across multiple clients\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Customer-Segments-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInstitutions demand customized mandates; asset manager AUM \u003cstrong\u003e$171.9B\u003c\/strong\u003e\n\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eInstitutional investors demand customized mandates, governance and reporting; Victory Capital reported $171.9B AUM at 12\/31\/2024. Financial intermediaries (RIAs, broker-dealers) drive distribution via SMAs\/UMAs; advisor support converts platforms. Retirement recordkeepers prioritize low fees (median DC plan cost ~0.40%). HNW\/retail favor ETFs\/mutual funds and tax-efficient solutions.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eSegment\u003c\/th\u003e\n\u003cth\u003eKey metric\u003c\/th\u003e\n\u003cth\u003e2024\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eInstitutional\u003c\/td\u003e\n\u003ctd\u003eAUM\u003c\/td\u003e\n\u003ctd\u003e$171.9B\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetirement\u003c\/td\u003e\n\u003ctd\u003eMedian DC cost\u003c\/td\u003e\n\u003ctd\u003e~0.40%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eETFs\/retail\u003c\/td\u003e\n\u003ctd\u003eGlobal ETF AUM\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;$10T (pre-2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eost Structure\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCompensation \u0026amp; talent\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eVictory Capital supports portfolio managers, analysts, sales and operations across an organization of roughly 1,200 employees, managing approximately $160 billion AUM (2024). Compensation mixes base pay with performance-linked incentives to retain top talent and equity participation to align interests with clients. Recruiting and training are ongoing investments tied to growth and retention, focused on upskilling PMs and client-facing teams.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTechnology \u0026amp; data\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eTechnology and data costs include OMS\/EMS licenses, risk\/pricing engines and research feeds (Bloomberg terminals cost ~24,000 USD\/year), plus data acquisition and governance fees. Cloud infrastructure (global public cloud spend \u0026gt;600 billion USD in 2024) and cybersecurity (Gartner: 188.3 billion USD in 2024) drive recurring spend. Integration, APIs and ongoing maintenance add significant overhead and staffing cost to ensure uptime and regulatory controls.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFund administration \u0026amp; custody\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFund administration \u0026amp; custody costs for Victory Capital cover NAV, accounting, transfer agency and audit fees—2024 industry benchmarks put these at roughly $50k–$200k per mutual fund annually. Custody, trading and market-data expenses can range $100k–$1M+ depending on scale. Board, legal and regulatory overhead commonly runs $200k–$1M yearly. ETF listing and AP-related charges in 2024 typically span $25k–$200k. \u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eDistribution \u0026amp; marketing\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eDistribution and marketing costs at Victory Capital support wholesaling, travel, conferences and sponsorships to service about $160B AUM (2024); platform due diligence and shelf fees add recurring institutional access costs; digital marketing and content production (video, whitepapers) drive lead gen; consultant database subscriptions and RFP tools underpin institutional sales operations.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eWholesaling \u0026amp; travel\u003c\/li\u003e\n\u003cli\u003eConferences \u0026amp; sponsorships\u003c\/li\u003e\n\u003cli\u003ePlatform due diligence \/ shelf fees\u003c\/li\u003e\n\u003cli\u003eDigital marketing \u0026amp; content\u003c\/li\u003e\n\u003cli\u003eConsultant DB \u0026amp; RFP tools\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eFacilities \u0026amp; general overhead\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cpfacilities general overhead at victory capital cover leased offices insurance utilities vendor management and professional services plus communications subscriptions depreciation with aum around in these fixed costs scale headcount tech investment contributing materially to sg\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eOffices, insurance, utilities\u003c\/li\u003e\n\u003cli\u003eVendor mgmt \u0026amp; professional services\u003c\/li\u003e\n\u003cli\u003eCommunications \u0026amp; subscriptions\u003c\/li\u003e\n\u003cli\u003eDepreciation \u0026amp; amortization\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/pfacilities\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Cost-Structure-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRising personnel, tech and custody costs squeeze asset manager margins\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eVictory Capital (AUM ~160B, ~1,200 staff) incurs major costs in personnel (base + performance pay, recruiting\/training), technology\/data (OMS\/EMS, Bloomberg ~24,000 USD\/user\/yr, cloud\/security), fund admin\/custody (fund fees ~$50k–$200k\/yr; custody $100k–$1M+) and distribution\/marketing (wholesaling, conferences, digital). Fixed SG\u0026amp;A (offices, insurance, depreciation) scale with headcount and tech.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eCategory\u003c\/th\u003e\n\u003cth\u003e2024 Benchmark\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003ePersonnel\u003c\/td\u003e\n\u003ctd\u003e~1,200 FTE; comp mix\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTech\/Data\u003c\/td\u003e\n\u003ctd\u003eBloomberg 24k\/user; cloud \u0026gt;600B global\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFund Admin\u003c\/td\u003e\n\u003ctd\u003e$50k–$200k\/fund\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCustody\/Trading\u003c\/td\u003e\n\u003ctd\u003e$100k–$1M+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eR\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eevenue Streams\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManagement fees (AUM-based)\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eManagement fees are recurring AUM-based charges across mutual funds, ETFs, SMAs, CITs and alternatives, forming Victory Capital’s core revenue stream. Fees follow tiered schedules by vehicle and mandate size, blending retail and institutional pricing to capture scale economics. With roughly $150 billion AUM in 2024, AUM-based fees remain the primary driver of revenue stability and predictable cash flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePerformance fees \u0026amp; incentive allocations\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eApplicable to select alternative and institutional mandates at Victory Capital, performance fees and incentive allocations align manager and client outcomes by paying for realized alpha; Victory Capital reported total AUM of about $172.7 billion as of mid-2024, with alternatives comprising a growing share. These fees are typically subject to performance hurdles and high-water marks. They add revenue variability tied directly to alpha generation.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eModel delivery \u0026amp; sub-advisory fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eModel delivery and sub-advisory fees derive from licensing model portfolios to platforms and TAMPs and from acting as sub-advisor to other asset managers; in 2024 industry model fees ranged roughly 10–50 basis points, with sub-advisory arrangements commonly in a similar band. Victory leverages distribution partnerships to scale AUM, accepting lower bps offset by higher volume and recurring fee streams. This mix boosts predictable management revenue and margins through fee-on-assets economics.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eETF unitary fees\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eETF unitary fees bundle most fund expenses into a single, transparent charge, allowing Victory Capital to price competitively (often lower than legacy layered fees) to drive net new flows; this benefits from scale as fixed costs spread across larger ETF AUM, particularly important as US ETF assets exceeded 10 trillion USD in 2024.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eSingle-fee transparency\u003c\/li\u003e\n\u003cli\u003eCompetitive pricing to capture flows\u003c\/li\u003e\n\u003cli\u003eEconomies of scale reduce per-unit costs\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eOther service \u0026amp; administrative revenues\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eOther service and administrative revenues at Victory Capital include shareholder servicing fees, 12b-1 fees and platform-related reimbursements where applicable; certain vehicles share securities lending income and limited FX and transition management fees, with these ancillary streams complementing rather than replacing core management fees.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eShareholder servicing \/ 12b-1\u003c\/li\u003e\n\u003cli\u003eSecurities lending revenue share\u003c\/li\u003e\n\u003cli\u003ePlatform reimbursements, FX \u0026amp; transition mgmt\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/CANVAS-Content-Revenue-Streams-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eManagement fees anchored by \u003cstrong\u003e~150 billion USD\u003c\/strong\u003e fee-bearing AUM\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eManagement fees are Victory Capital’s core recurring revenue, supported by roughly 150 billion USD AUM in 2024 and total reported AUM of about 172.7 billion USD as of mid-2024. Performance\/incentive fees from alternatives and institutional mandates add variability tied to alpha. ETF unitary fees and model\/sub-advisory fees drive scale economies, while shareholder servicing, securities lending and platform reimbursements provide ancillary income.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003e2024 Value\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTotal AUM (mid-2024)\u003c\/td\u003e\n\u003ctd\u003e172.7 billion USD\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCore management-fee AUM (2024)\u003c\/td\u003e\n\u003ctd\u003e~150 billion USD\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eUS ETF market (2024)\u003c\/td\u003e\n\u003ctd\u003e\u0026gt;10 trillion USD\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e","brand":"PESTEL Analysis","offers":[{"title":"Default Title","offer_id":58098513838428,"sku":"vcm-business-model-canvas","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0938\/8127\/0620\/files\/vcm-business-model-canvas.png?v=1781809026","url":"https:\/\/pestel-analysis.com\/products\/vcm-business-model-canvas","provider":"PESTEL ANALYSIS","version":"1.0","type":"link"}