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Wednesday, April 19, 2017

Asset Vantage acquired US based Financial Navigator

Financial tech company Asset Vantage has acquired US-based Financial Navigator, a provider of wealth management software for an undisclosed amount.

Asset Vantage offers cloud-based investment portfolio management software.


Financial Navigator, a 30-year-old company, provides end-to-end software that enables clients to aggregate data from multiple managers and reporting entities, analyse investment performance and prepare financial statements etc.

Also read: Dentsu Aegis Network acquired Gurgaon based SVG Media

The two companies will together have a customer base of over 300 families globally.

Mark Rogozinski, CEO of Asset Vantage North America said, Our goal is to expand the capabilities of the combined entity in order to increase our market share, initially focusing on families in North America with over $25 million in assets, estimated at 200,000 households, and families in India with over $5 million in assets, estimated at 250,000 households.

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