Quantvex, a technology startup focused on digital engagement for the wealth management industry, received a majority investment from Hatton Consulting.
The amount of the deal was not disclosed.
Hatton Consulting is an independent wealth management firm based in Phoenix, AZ and Santa Barbara, CA. The acquisition will enhance its wealth management offerings with the Quantvex digital platform to more effectively serve its clients in a post-DOL Fiduciary Rule environment.
Founded in early 2017 and led by CEO Shang Chou, Quantvex is a digital engagement and financial planning platform for wealth managers to advise, educate, and engage clients.
The company was incubated within the UCLA Anderson Venture Accelerator and backed by venture capital firms like Fika Ventures as well as angel investors.