London-based financial data firm FE fundinfo has acquired due diligence and product selection tool provider AdviserAsset for an undisclosed sum.
According to a statement, the acquisition will help financial advisers guide their clients through investment decision-making.
FE fundinfo’s clients will benefit from enhanced market-leading financial planning software solutions that streamline client engagement and onboarding, financial research and planning, investment product selection and reporting.
Liam Healy, CEO at FE fundinfo said: “Professionals fundamentally want easy to use integrated tools that deliver clear recommendations, helping clients make informed decisions about their investment goals.
We’ve already made several acquisitions to support advisers on this journey, and we will be continuously looking for new opportunities to deliver them greater access to investment insights.”
