Advicent Solutions Acquires Figlo

Advicent Solutions acquired Figlo, a Rotterdam, Netherlands-based company that develops software to increase real-time communication and collaboration between financial advisors and clients.

The acquisition, whose amount was not disclosed, aims to expand Advicent’s presence into new global markets and enhance its NaviPlan® and Profiles™ products with client facing modules.

A portfolio company of Vista Equity Partners, Milwaukee, Wis.-based Advicent Solutions provides financial consultancy and planning software solutions for banks, insurers and financial consultants. It is led by Phil Cunningham, CEO.

Founded in 1996 by Jenze Bosma, president, Figlo, provides global solutions for personal finance management, financial product advice & financial planning to more than 750 companies.

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