Retirement solutions provider Embark Group, which also owns The Adviser Centre, has acquired DISCUS, a discretionary investment insight business launched in April last year.
DISCUS - which stands for Discretionary Investment Services Coming Under Scrutiny - has joined Embark's existing portfolio of investment insight and research businesses, including The Adviser Centre and multi-asset research provider Scopic Research.
The company, founded by Gillian Hepburn and Abbie Knight (pictured) provides content, analysis and insight into the outsourced investment market - particularly discretionary propositions.
The common ground between the businesses is their focus on assisting the financial adviser community with the selection of appropriate investment solutions and the component building blocks. at no cost.
Embark Group CEO Phil Smith said: "Through the acquisition of DISCUS, we are demonstrating our commitment to building a portfolio of investment research and financial intermediary service businesses that add real value to the advice sector.
"Now incorporating The Adviser Centre, Scopic Research and DISCUS, Embark is positioned to deliver an extensive range of research services to financial advisers, covering the full breadth of investment options.
"These are highly complementary to our core SIPP, SSAS and Wrap capabilities. I am very pleased to welcome the DISCUS team to the Embark Group."
Hepburn added: "DISCUS is a relatively new but growing business and this acquisition is an acknowledgement of the value of what DISCUS delivers. In the current market environment, financial advisers are increasingly seeking to utilise the services of discretionary investment managers.
"With assistance and additional resources from the Embark Group, DISCUS will continue to deliver quality content, research and events for the financial adviser community focused on this important growth area."
Peter Toogood, MD of The Adviser Centre and CIO of the Embark Group, said: "Following on from last year's acquisition of Scopic Research, the online multi-asset and multi-manager research business, the addition of DISCUS, the discretionary investment management research business, to The Adviser Centre enhances further the range of online investment research that we make available to advisers.
"This portfolio of services represents a unique investment research offering within the adviser market. Paul Ilott, director of Scopic Research, and I look forward to working with Gillian and Abbie of DISCUS in developing the overall investment research business even further."
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