Houston-based Invesco AIM Management Group is closing its Denver client-service center, a move that will eliminate about 100 jobs.
“We will be reallocating our Denver transfer agency work to our Houston and Prince Edward Island locations,” said Invesco spokesman Ivy McLemore.
The center’s last day will be Aug. 31, he said.
The money-management firm is offering displaced workers severance and outplacement services and plans to sublease the space in south Denver.
Invesco will retain about 35 people in its Atlantic Trust wealth-management unit, Invesco Private Capital, and its information-technology group.
At the height of the stock-market boom in the late 1990s, Invesco employed more than 900 people in the metro area and bought naming rights for the new Broncos stadium.
“These changes have no impact whatsoever on the stadium name,” McLemore said. “Our firm remains fully committed to the name Invesco Field at Mile High, which adds considerable value to our brand presence in U.S. and global markets.”
Aldo Svaldi: 303-954-1410 or asvaldi@denverpost.com
