Purpose Advisor Solutions completed the acquisition of Wealthsimple for Advisors.

Purpose Advisor Solutions, a provider of practice management technology for financial advisory businesses, completed the acquisition of Wealthsimple for Advisors, a wealth management platform for financial planners, investment advisors, portfolio managers and dealers. Financial terms were not disclosed. “We are excited to continue to help advisors innovate and provide industry-defining experiences for their clients. We have a number of initiatives in progress that will continue to show our combined team’s commitment to helping advisors and PMs differentiate themselves and succeed. We firmly believe in truly integrated tech capabilities that provide full and seamless advisor-client experiences,” J-F Courville, PAS Managing Partner.