Passiv Acquires Wealthly

Wealthsimple Acquires Plenty Team (acqui-hire)

May 30, 2025

Financial Services

Wealthsimple has acqui-hired the entire team from Plenty, a San Francisco–based fintech focused on financial planning for couples. The Plenty product was shut down and founders Emily Luk and Channing Allen joined Wealthsimple to help build household- and couple-focused financial features for Wealthsimple's platform; financial terms were not disclosed.

Praxis Solutions Acquires WEALTHAWK

September 25, 2025

Financial Services

Praxis Solutions has acquired WEALTHAWK, an AI-driven lead generation platform that identifies "money-in-motion" events to help financial advisors connect with clients at critical life and financial milestones. The acquisition adds WEALTHAWK's database and AI capabilities to Praxis' technology and distribution capabilities to accelerate advisor client acquisition and product capability expansion.

Purpose Advisor Solutions Acquires Wealthsimple for Advisors

January 23, 2020

Wealth Management

Purpose Advisor Solutions (majority owned by Purpose Financial) has acquired the Wealthsimple for Advisors business to create a single, advisor-focused wealth platform in Canada. The deal combines teams and technology to scale Purpose Advisor Solutions’ end-to-end advisor offering and accelerate investments in portfolio management, CRM, reporting, compliance and other digital services; Wealthsimple leaders J‑F Courville and Dave Nugent will join PAS as managing partners.

Objectway Acquires Nest Wealth

January 22, 2024

Payments & Fintech

Objectway, a global FinTech software and services provider, has acquired Nest Wealth, a Canadian digital wealth solutions provider. The acquisition expands Objectway's product capabilities in client onboarding and financial planning and accelerates its market presence across North America and EMEA.

Apella Wealth Acquires Young Wealth Management

December 13, 2024

Financial Services

Apella Wealth, a national RIA headquartered in West Hartford, Connecticut, has acquired Young Wealth Management, a Davis, California-based registered investment adviser with $144 million in AUM. The deal, which closed December 13, 2024, expands Apella's West Coast presence and is the firm’s twentieth acquisition and ninth since partnering with Wealth Partners Capital Group.

ETFS Capital Invests £4.5m in WealthKernel

January 21, 2020

Payments & Fintech

ETFS Capital has completed a £4.5 million growth investment in digital wealth infrastructure provider WealthKernel. The funding will accelerate WealthKernel’s product functionality and help the company scale its customer volume by enabling firms to build custody-backed digital wealth services.