Carlyle, a global investment firm, has acquired intelliflo, a leading financial advice technology provider, for an undisclosed amount. This transaction marks a significant change in ownership for intelliflo, which previously operated as a wholly owned subsidiary of Invesco, a global asset management company.
intelliflo specializes in technology designed to widen access to financial advice by powering the entire financial advisory experience. The company utilizes open software architectures combined with extensive industry experience to simplify the digital landscape for financial professionals. Its solutions support over 30,000 financial professionals worldwide, representing more than three million end-investors, with over $1 trillion (US) advised across its platforms. Key offerings include intelliflo office, which streamlines processes and improves efficiency for advisory firms, and other tools supporting the complete client advice journey from onboarding to servicing.
Carlyle's acquisition of intelliflo is a strategic move to invest in a prominent player within the financial technology sector. The investment firm's expertise in scaling businesses is expected to fuel intelliflo's continued growth and innovation, particularly as it transitions from its former parent company, Invesco. This change in ownership is anticipated to provide intelliflo with new resources and strategic direction to accelerate its development and market penetration.
The acquisition is set to strengthen intelliflo's position as a global leader in financial advice technology. Through Carlyle’s backing, intelliflo is expected to further enhance its open architecture solutions, expand its product capabilities, and extend its global reach. The combined entity aims to continue empowering financial professionals with advanced tools and platforms, ultimately simplifying complex digital landscapes and improving the advisory experience for a broader client base.