The team that supports Agreement Express’s existing wealth management business and clients will continue in their current roles at Advisor360°. In the near term, the transaction will not impact Advisor360°’s operations, employees, or service and support of current clients. location with new offices in Bengaluru, India.īusiness as Usual for Clients and Employees In 2022, Advisor360° opened its first non-U.S. The Agreement Express acquisition also expands Advisor360°’s increasingly global footprint and talent pool by bringing on board staff from the company’s workforce in Canada. “Like Advisor360°, we appreciate that the best technology offers flexibility and choice, streamlining processes to help firms grow.” “We’re thrilled that this business is now a part of one of the wealth management industry’s largest providers of integrated technology solutions,” said Dave O’Brien, Chief Executive Officer of Agreement Express. With our first acquisition completed, we’re not slowing down: the Agreement Express transaction meaningfully accelerates our ability to offer expanded choice and connectivity on our platform and we’ll continue to raise the bar in 2023 and beyond.”Īdvisor360° expects its existing platform will be enhanced by the newly acquired assets in other areas, including expanded automation and streamlining of paper and electronic workflows simplified information gathering, organization, and bundling new digital signing features and bulk advisor onboarding for team hires or new office acquisitions. “2022 was a year of strong organic growth for Advisor360°. “Advisor360° gives wealth managers technology solutions that transform the way they connect with clients, which is why this transaction was a perfect fit,” said Rich Napolitano, Chief Executive Officer of Advisor360°. Agreement Express’s payment solutions business was acquired by NMI, a full-commerce enablement technology company, in early December 2022. The transaction includes the transfer of technology, intellectual property, clients, and professionals from Agreement Express’s wealth management business. The acquisition, Advisor360°’s first, was completed on December 23, 2022. Agreement Express is known for its ability to execute account openings with custodians and clearing firms that support independent registered investment advisers (RIAs), including Charles Schwab, Fidelity, Pershing, and TD Ameritrade. Once the technology is integrated, Advisor360° will be able to seamlessly support investment and insurance accounts at every major custodian and clearing firm and offer a wider range of integrations with industry-leading CRM providers.Īdvisor360°’s integrated technology platform, including its award-winning Digital Onboarding capabilities, solves business challenges for financial advisors and operations at wealth management firms. WESTON, Mass.-( BUSINESS WIRE)- Advisor360° has acquired the digital onboarding technology and related wealth management assets of technology solutions provider Agreement Express from Frontier Growth, a private equity firm based in Charlotte, North Carolina.
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