Tuesday, October 15, 2024
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FE fundinfo buys out investment research platform AdviserAsset

  • FE fundinfo has acquired AdviserAsset, a due diligence and product selection tool, for an undisclosed sum.
  • AdviserAsset, founded in 2010, supports financial advisors, wealth managers, and paraplanners with fund research, analysis, portfolio management, and compliance.
  • The acquisition will integrate AdviserAsset’s tools into FE fundinfo’s product suite, including its FE Analytics fund research solution.
  • Users will benefit from enhanced onboarding, research, planning, investment product selection, and reporting functions.
  • AdviserAsset’s large platform database will assist clients with platform switch analysis.
  • This acquisition follows FE fundinfo’s recent acquisitions of Dericon in 2023 and CashCalc in 2021.

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