Addepar buys AdvisorPeak
The acquisition adds portfolio rebalancing and trading to the Addepar platform.
Addepar, a Mountain View, California-based wealth management technology platform, has acquired AdvisorPeak, a Layton, Utah-based provider of trading and rebalancing software.
Terms of the acquisition were not disclosed.
“AdvisorPeak complements Addepar’s data aggregation, analysis, reporting and client portal capabilities,” the company said in a release, noting that its open architecture permits clients to select the offerings they need.
InvestmentNews wants to hear from you! Please take a minute to complete this form, so we can better understand and serve our readers.
"*" indicates required fields
[More: Addepar latest funding propels its $2.17 billion valuation]
Learn more about reprints and licensing for this article.