About AdvisorEngine
AdvisorEngine is a company based in New York (United States) founded in 2014 was acquired by Franklin Templeton Investments in May 2020.. AdvisorEngine has raised $60.1 million across 11 funding rounds from investors including WisdomTree and Franklin Templeton. The company has 77 employees as of December 31, 2022. AdvisorEngine has completed 5 acquisitions, including Junxure, Kredible and Kredible. AdvisorEngine offers products and services including CRM, Performance Reporting, Rebalancing, Digital Onboarding, and Client Portal. AdvisorEngine operates in a competitive market with competitors including Addepar, sei, Avaloq, 360 One and Envestnet, among others.
- Headquarter New York, United States
- Employees 77 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Advisorengine
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.1 M (USD)
in 11 rounds
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Latest Funding Round
$30 M (USD), Series B
Jan 09, 2018
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Investors
WisdomTree
& 1 more
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Employee Count
77
as on Dec 31, 2022
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Investments & Acquisitions
Junxure
& 4 more
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Acquired by
Franklin Templeton Investments
(May 06, 2020)
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Products & Services of AdvisorEngine
AdvisorEngine offers a comprehensive portfolio of products and services, including CRM, Performance Reporting, Rebalancing, Digital Onboarding, and Client Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages client interactions and workflows for financial advisors.
Generates and delivers portfolio reports for clients and teams.
Handles investment rebalancing and trading tools efficiently.
Facilitates quick account funding and client risk profiling.
Offers a platform for daily client access and value delivery.
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Funding Insights of AdvisorEngine
AdvisorEngine has successfully raised a total of $60.1M across 11 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series B — $30.0M
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First Round
First Round
(01 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series B - AdvisorEngine | Valuation | WisdomTree |
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| May, 2017 | Amount | Series A - AdvisorEngine | Valuation | WisdomTree |
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| Dec, 2016 | Amount | Series A - AdvisorEngine | Valuation | WisdomTree |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AdvisorEngine
AdvisorEngine has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include WisdomTree and Franklin Templeton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Online platform for trading ETF assets is operated.
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Founded Year | Domain | Location | |
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Diversified investment management services are offered globally by the firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by AdvisorEngine
AdvisorEngine has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Junxure, Kredible and Kredible. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Financial advisory services are compared via an online platform.
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2013 | ||||
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Employee advocacy and brand management platform for businesses in financial services industry
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2012 | ||||
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Software for automating investing advice.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - AdvisorEngine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Advisorengine Comparisons
Competitors of AdvisorEngine
AdvisorEngine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Addepar, sei, Avaloq, 360 One and Envestnet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Wealth management solutions are delivered for investment advisors.
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| domain | founded_year | HQ Location |
Wealth and investment management solutions are offered to institutional investors.
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| domain | founded_year | HQ Location |
Cloud-based solutions for financial institutions are provided by Avaloq.
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| domain | founded_year | HQ Location |
Asset and wealth management software is provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based solutions are offered for wealth management and financial advising.
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| domain | founded_year | HQ Location |
Cloud-based accounting and financial management solutions are offered to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Advisorengine
Frequently Asked Questions about AdvisorEngine
When was AdvisorEngine founded?
AdvisorEngine was founded in 2014.
Where is AdvisorEngine located?
AdvisorEngine is headquartered in New York, United States. It is registered at New York, New York, United States.
Is AdvisorEngine a funded company?
AdvisorEngine is a funded company, having raised a total of $60.1M across 11 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on May 01, 2014.
How many employees does AdvisorEngine have?
As of Dec 31, 2022, the latest employee count at AdvisorEngine is 77.
What does AdvisorEngine do?
AdvisorEngine was founded in 2014 and is headquartered in New York, United States. A digital platform for wealth management in the financial advisory sector is operated, integrating private-label robo-advice with technology for client prospecting, onboarding, practice management, trading, performance reporting, billing, and compliance solutions. Operations focus on supporting advisors through these integrated tools in the U.S. market.
Who are the top competitors of AdvisorEngine?
AdvisorEngine's top competitors include Addepar, Delta Capita and sei.
What products or services does AdvisorEngine offer?
AdvisorEngine offers CRM, Performance Reporting, Rebalancing, Digital Onboarding, and Client Portal.
How many acquisitions has AdvisorEngine made?
Who are AdvisorEngine's investors?
AdvisorEngine has 2 investors. Key investors include WisdomTree, and Franklin Templeton.
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