AdvisorEngine, the digital wealth management platform for financial advisors, has been acquired by Franklin Templeton, the global investment management firm founded in New York in 1947. The terms of the transaction were not disclosed.
AdvisorEngine is a next-generation wealth management platform for investment advisors to help grow their business. Founded by David Scalzo, Lex Sokolin, Richard Cancro, and Vladimir Baranov in 2014, AdvisorEngine is backed by investors that include WisdomTree and is headquartered in New York.