Tag Archive for "#AdvisorEngine" -

Posts Tagged ‘#AdvisorEngine’

Franklin Templeton buys AdvisorEngine in bigger play for advisor desktop

Posted on: May 6th, 2020 by Kirenaga Partners

AdvisorEngine’s platform includes several pieces of core financial advisor tech, including CRM, portfolio management, reporting, marketing and a white-label robo advisor.

Franklin Templeton plans to use AdvisorEngine to create new proprietary technology, including a goals-based financial planning tool and digital portfolio construction analytics. Future products will emphasize “smart automation,” especially the next generation of Junxure, an advisor CRM AdvisorEngine acquired in 2018.

“We’re in the midst of the fourth industrial revolution, and technological advances are reshaping how financial solutions are delivered,” said Franklin Templeton CEO Jenny Johnson in a statement.

Read the full article here and another release here

AdvisorEngine Announces Expansive Integration with Pershing

Posted on: February 1st, 2019 by Kirenaga Partners

AdvisorEngine has today announced the roll-out of its integration with Pershing so the broker-dealers and RIAs that custody with Pershing will be able to take advantage of AdvisorEngine’s technology. Also, the partnership is a notable first for Pershing, which currently has $615bn in fiduciary assets.

You can find the press release at the link below.

Press Release

You can also read more about the announcement in the Financial-Planning.com news piece at the link below.

Full Article

BOOM! AdvisorEngine Becomes Second Kirenaga Company to Hit Nine Figure Valuation

Posted on: January 2nd, 2018 by Kirenaga Partners

This morning AdvisorEngine announced a series of transformational transactions that increased its valuation to over $100 million, and affirmed its status as the leading technology platform for financial advisors to manage and grow their business.

First, AdvisorEngine acquired Junxure, the provider of the industry-leading client relationship management technology platform. Junxure is used by 1,400 financial advisory firms, with $600 billion of assets running through its platform. This transaction brings that additional scale and capability to the AdvisorEngine Platform.

To fund the Junxure acquisition and provide additional working capital for integration and future growth, AdvisorEngine received a commitment of $30 million from WisdomTree (NASDAQ: WETF), the publicly-traded asset management firm.

Finally, AdvisorEngine entered into and agreement that gives WisdomTree the option to fully acquire the remaining equity interests of AdvisorEngine with the closing to occur no later than January 15, 2019.

While an incredible amount of opportunity exists to continue to further expand its platform, we are exceptionally proud of the achievements to date from from the entire management team of AdvisorEngine, especially their CEO, Richard Cancro.

You can find the full press release at the link below.