Digital finance firm InvestCloud has acquired American-based cash flow, trust and tax financial planning provider Advicent.
Advicent, based in Milwaukee, Wisconsin and also the Netherlands, creates financial planning software solutions for financial advice firms through its NaviPlan platform. The deal aims to combine Advicent's software with InvestCloud's digital client and adviser platform in a bid to bridge the adviser-client communication gap. InvestCloud clients can utilise the new capabilities from Advicent immediately through its digital app store. InvestCloud CEO and co-founder John Wise said his firm's planning engine will "be enhanced" by Advicent. "Advicent is a highly differentiated planning ...
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