The TIFIN Group Acquires Assets of Totum Risk and myFinancialAnswers
March 24, 2021
The TIFIN Group acquired the assets of risk-profiling firm Totum Risk and personal financial planning provider myFinancialAnswers to accelerate the launch of its risk and financial planning solutions. The CEOs of both businesses, Larry Shumbres and Ben Pitts, will join TIFIN; Totum's brand will be retained while the financial planning offering will launch under a new, unannounced brand. Terms were not disclosed.
- Buyers
- THE TIFIN GROUP
- Targets
- Totum Risk, myFinancialAnswers
- Industry
- Financial Services
- Location
- United States
- Transaction Type
- Buyout
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