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Announced

Completed

Morningstar completes the acquisition of UK and international business from Praemium for $43m.

Synopsis

Morningstar, a provider of independent investment research, completes the acquisition of UK and international business from Praemium, a digital-first financial services provider, for $43m. "We are excited to welcome more than 100 new colleagues to Morningstar and expand our ability to offer advisers technology-enabled flexibility and choice. The Wealth Platform and Wealthcraft are powerful tools that reduce friction and save time so advisers can serve more investors – and in more extensive ways than they do today," Daniel Needham, Morningstar President.

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