FTV Capital, a private equity firm that has invested in several fintech firms, has taken a majority equity stake in Docupace, which specializes in digitizing operational workflows. Terms of the transaction were not disclosed.
Simultaneously, Los Angeles-based Docupace said that David Knoch has been appointed the firm’s chief executive. Knoch, formerly president of 1st Global, a wealth management firm with a tax orientation, led the sale of the firm to Blucora, which offers tax preparation software in addition to its wealth management business.
Docupace said the capital infusion will help the firm expand its capabilities, and support and advance its product development efforts. Its platform helps advisory firms with client and adviser onboarding, document management, standardized workflows and approval processes, and compliant data storage.
FTV Capital has invested in Apex Fund Services, Enfusion, Financial Engines, InvestCloud, Riskalyze, Strata Fund Solutions and True Potential.
Cullen marks the fourth firm the New York-based RIA aggregator has bought in 2026 as deal volume heads for a record year.
The quality of AI ROI measurement depends on pre-deployment decisions around business outcomes, leadership alignment, and establishing trusted information, among other factors.
A state-by-state analysis of retail investor behavior reveals AI-powered research tools are reshaping how clients approach investment decisions.
LPL picks up $1.1B from Wells Fargo's independent channel as the wirehouse gains a $410M family team from UBS.
Most Americans want to age at home but few have a financial plan to pay for it, according to new research.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
