- 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.