Praemium news and trends

Morningstar to Buy Wealth Management Platform Provider Praemium’s UK, International Business for $46.3M

December 21, 2021
Morningstar
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Morningstar to Buy Wealth Management Platform Provider Praemium’s UK, International Business for $46.3M

December 21, 2021
Independent investment research firm Morningstar has agreed to purchase wealth management platform provider Praemium Limited’s operations in the United Kingdom, Jersey, Hong Kong and Dubai for 35 million pounds ($46.3 million), according to a Tuesday (Dec. 21) press release.  The companies expect to finalize the transaction by the third quarter of 2022.  Praemium offers proprietary, […]