McKinsey acquires PriceMetrix - Investment Executive

▤ Summary

McKinsey & Co. has acquired PriceMetrix, a Toronto-based developer of practice-management analytics software for wealth-management firms and financial advisors. PriceMetrix will retain its management team, brand and identity while working closely with McKinsey's Wealth and Asset Management Practice. Clients will gain access to McKinsey's global scale, industry expertise and complementary solutions combined with PriceMetrix's data, analytics and tools. The deal aims to help wealth-management firms make data-driven decisions and implement strategies amid shifting channels, demographics and regulatory changes.

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