Ascentric

Bath, United Kingdom Founded: 2006 • Age: 20 yrs Acquired By M&G
Financial planning solutions are provided for wealth managers.
Annual revenue $43.8M Latest available
Total funding - Funding intelligence
Employees 386 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Ascentric

Ascentric is a company based in Bath (United Kingdom) founded in 2006 was acquired by M&G in May 2020. The company has 386 employees as of December 31, 2021. Ascentric offers products and services including Wealth Platform, In-House Dealing, and Retirement Planning. Ascentric operates in a competitive market with competitors including Iress, Planful, Link Group, Modern Wealth Management and Hubly, among others.

  • Headquarter Bath, United Kingdom
  • Employees 386 as on 31 Dec, 2021
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Investment Funds Direct Limited
  • Date of Incorporation 02 Feb, 1982
  • Jurisdiction LONDON, UNITED KINGDOM, UNITED KINGDOM
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $43.8 M (USD)
    0
    as on Dec 31, 2020
  • Net Profit
    -$24.36 M (USD)
    0
    as on Dec 31, 2020
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    386

    as on Dec 31, 2021

  • Acquired by
    M&G

    (May 27, 2020)

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Products & Services of Ascentric

Ascentric offers a comprehensive portfolio of products and services, including Wealth Platform, In-House Dealing, and Retirement Planning.

Product name locked
Category locked
Primary

Service for managing investments and financial planning for advisers

Product name locked
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Intraday trading desk for stock exchange transactions

Product name locked
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Tools for creating efficient retirement plans for clients

Funding Insights of Ascentric

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Detailed funding history for Ascentric

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Investors in Ascentric

Ascentric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include M&G.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified asset management firm and private fund focused on debt and equity investments in climate startups, real estate, and multiple sectors
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Investor details for Ascentric

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Investments & Acquisitions by Ascentric

Investments
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Investment portfolio details for Ascentric

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  • Transaction dates
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Financial Statements - Ascentric

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Detailed financials for Ascentric

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Ascentric Comparisons

Ascentric Primary company
Description
Financial planning solutions are provided for wealth manager...
Location
Bath, United Kingdom
Founded Year
2006
Annual Revenue
$43.8 M (USD)
Net Profit
-$24.36 M (USD)
EBITDA
Not available
Employees
386
As of 2021
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Peer comparison for Ascentric

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Ascentric

Ascentric 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 Iress, Planful, Link Group, Modern Wealth Management and Hubly, among others.

Company Name Domain Founded year HQ Location Description
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Wealth management solutions are provided online for financial markets.
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Cloud-based financial planning and advisory solutions are provided for businesses.
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Retirement and superannuation solutions are provided, including investments and pensions.
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Wealth management services are provided to clients by the firm.
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A business management platform is offered for financial advisors.
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Financial planning software for IRA recordkeeping is offered.
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Detailed competitors of Ascentric

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Latest news on Ascentric

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Complete news archive for Ascentric

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Frequently Asked Questions about Ascentric

Ascentric was founded in 2006.

Ascentric is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.

Rob Regan is the current CEO of Ascentric.

As of Dec 31, 2021, the latest employee count at Ascentric is 386.

Annual revenue of Ascentric is $43.8M as on Dec 31, 2020.

Ascentric was founded in 2006 and is based in Bath, United Kingdom. Financial planning and investment solutions are delivered to wealth managers within the fintech sector. Customization of financial plans is enabled, along with control over investment portfolios, automated reporting, access to research insights, and management of client stock-broking and assets. Operations focus on supporting advisory practices through integrated tools.

Ascentric's top competitors include Iress, Planful and iraLogix.

Ascentric offers Wealth Platform, In-House Dealing, and Retirement Planning.

Ascentric has 1 investor. Key investors include M&G.

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