Asset Vantage acquires Financial Navigator

Both firms serve family offices with accounting, reporting tools

Apr 20, 2017 @ 11:08 am

By InvestmentNews

+ Zoom

Asset Vantage Inc., a Santa Clara, Calif.,-based provider of cloud-based asset management, accounting and reporting systems, has acquired Financial Navigator Inc., a provider of accounting and portfolio-tracking software also based in Santa Clara.

The two firms focus on family offices and multi-family offices, and have a combined customer base of more than 300 families worldwide.

Terms of the deal were not announced.

The addition of Financial Navigator will enable Asset Vantage to further penetrate the wealth management accounting software market in North America, the company said in a release.

0
Comments

What do you think?

View comments

Recommended for you

Sponsored financial news

Featured video

INTV

How T. Rowe Price is courting advisers

Managing editor Christina Nelson and senior columnist John Waggoner discuss the storied fund family and the ways it is aggressively moving into the financial adviser space.

Video Spotlight

The Search for Income

Sponsored by PGIM Investments

Recommended Video

Path to growth

Latest news & opinion

T. Rowe Price steps up its game to serve financial advisers

The Baltimore-based mutual fund giant is more aggressively targeting financial advisers with a beefed-up wholesale crew and placement on custodial platforms.

The most important tax changes for 2018

The Internal Revenue Service issued inflation adjustments to more than 50 tax provisions for 2018.

Shift to Roth 401(k)s 'highly likely' part of tax reform: former Treasury official Mark Iwry

Mandated contributions to Roth accounts would likely only be partial, as opposed to having a full repeal of pre-tax accounts.

E*Trade acquiring custodian Trust Company of America

Discount broker buying second-tier custodian for $275 million.

Another thousand Dow points higher, and investors yawn

Market milestones keep falling like dominoes, with 51 records broken so far this year.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print