Buckinghamshire-based financial planning software company, Dynamic Planner, has received a significant investment from UK software-centric private equity growth firm, FPE.
In an update, the financial planning software company said it has grown rapidly over the past few years and now serves nearly 40% of wealth advisory firms and over 150 wealth managers.
The company profiles over £250 billion in assets through its SaaS platform and is headquartered in Reading.
Earlier this year, the company appointed Christophe Ponette as European Managing Director based in Luxembourg to lead the company’s continental expansion.
Ben Goss, chief executive officer of Dynamic Planner, shared:
“As a fast growing, privately owned company we were looking for an institutional investor partner to help us take the business to the next level in the UK and internationally. Our selection of FPE was based not just on their track record of backing software companies that successfully scale, but also on their team who we feel share our values.
“From the outset FPE understood the value that Dynamic Planner brings to our clients and industry as an independent provider of technology and asset risk modelling serving a growing community in the wealth management sector who trust and rely on us.
“They also share our vision for solving our industry’s major challenges through technology such as process digitisation, customer experience, investing sustainably for future generations, and omni-channel financial planning in a post pandemic world.
“This investment allows us to progress our industry for the better and as a management team we look forward to sharing the benefits of this collaboration with our clients and team in the months and years ahead.”
Meanwhile, FPE Managing Partner David Barbour, added:
“We are delighted to be working with the team at Dynamic Planner on their exciting growth ambitions and to build on their existing leading position in the wealth management sector with new products for this core market.”