Global wealth tech provider GBST has bought financial planning software solution Advice Intelligence for an undisclosed sum.
Advice Intelligence brings together independent CRM solution, client engagement, goals-based advice, mobile, workflows and apps together in a single digital platform.
GBST said that the acquisition of Advice Intelligence is “highly complementary” to its recently purchased salesforce adviser solution WealthConnect.
It will also “further accelerate the company’s ability to offer both digital and hybrid advice to the global wealth market”, GBST added.
Robert DeDominicis, global chief executive of GBST, said: “The acquisition accelerates the delivery of our roadmap and positions GBST perfectly to capture a significant share of the growing advice practice management, digital and hybrid advice markets through the delivery of its market leading cloud-based portfolio of solutions.
“With the combined offerings of GBST, GBST WealthConnect and GBST Advice Intelligence to streamline advice and enhance client experience, GBST is well-equipped to expand its presence in the UK, Australia, and internationally.”
