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In yet another fintech sector acquisition, Morningstar said Sunday that its Morningstar Australasia subsidiary entered into a definitive agreement to buy Australian advisor software firm AdviserLogic.

The transaction is expected to close by Nov. 30, subject to customary closing conditions, Morningstar said.

Broadridge Financial Solutions, meanwhile, announced Monday that it completed its previously announced acquisition of Fi360, a provider of fiduciary-focused software, data and analytics for financial advisors and intermediaries across the retirement and wealth ecosystem. In announcing the acquisition, Broadridge had said it was expected to close in November and would enhance its existing retirement solutions by providing wealth and retirement advisors with fiduciary tools that complement its Matrix trust and trading platform. The purchase closed Friday, according to Michael Liberatore, head of Broadridge’s Mutual Funds and Retirement Solutions business.

Neither Morningstar nor Broadridge announced terms of the acquisitions. Peter Heckmann, managing director of equity research at D.A. Davidson, recently estimated Fi360 “will be a nice addition to Broadridge” — albeit a relatively small one compared with the $4.4 billion in total revenue reported by Broadridge for the last fiscal year. He and other fintech experts predicted continued consolidation in the sector.

AdviserLogic’s cloud-based, financial planning software serves independent financial advisors in Australia. Its open architecture software platform provides an end-to-end planning solution that “encompasses best in class training and support,” according to Morningstar.

“Morningstar believes in the value of financial advice, and we share a common mission with advisers to empower investor success,” Jamie Wickham, managing director of Morningstar Australasia, said in a statement.

With the purchase, Morningstar will be able to “expand our ability to support advisors at a critical time for the industry,” he said, adding: “Financial planning software is at the heart of the advice process. Combined with Morningstar’s deep data, analytics and research, AdviserLogic’s focus on user experience and advice workflow will enable us to elevate and differentiate our technology solutions for advisors — to support them in running an efficient and compliant practice; and deliver improved outcomes for their clients.”

AdviserLogic’s more than 80 employees across Australia and India will join Morningstar after the acquisition is finalized, including AdviserLogic CEO Daniel Gara, who will head the product development and “go-to-market efforts” for AdviserLogic, according to Morningstar.

But Gundeep Sidhu, who co-founded AdviserLogic with Gara in 2006 and led the business for several years, will “pursue outside interests,” Morningstar said.

Joining Morningstar will “accelerate the development of our financial planning solution,” according to Gara.

AdviserLogic will “complement Morningstar’s existing suite” of advisor software solutions in Australia that already included Adviser Research Centre, a web-based platform delivering investment research, data and tools, and Morningstar Direct, Morningstar said.