Who buys Wealthtech companies?
The most active acquirers of Wealthtech companies tracked by Windsor Drake are Morgan Stanley, BlackRock, and Empower Retirement, based on 10 sourced transactions since 2020.
Most active acquirers of Wealthtech companies
| Acquirer | Type | Wealthtech deals | Most recent in sector |
|---|---|---|---|
| Morgan Stanley | Strategic | 2 | Eaton Vance |
| BlackRock | Strategic | 1 | Aperio Group |
| Empower Retirement | Strategic | 1 | Personal Capital |
| iClick Interactive Asia Group Limited | Strategic | 1 | Amber DWM Holding Limited |
| Robinhood Markets | Strategic | 1 | TradePMR |
| Groww | Strategic | 1 | Fisdom |
| BridgeWise | Strategic | 1 | Context Analytics |
| Dhan | Strategic | 1 | Infinyte Club |
| Republic | Strategic | 1 | NextSeed |
Recent Wealthtech acquisitions
| Target | Acquirer | Value | Date |
|---|---|---|---|
| Infinyte Club | Dhan | $10M | April 2, 2026 |
| Context Analytics | BridgeWise | $13M | February 17, 2026 |
| Fisdom | Groww | $150M | November 11, 2025 |
| Amber DWM Holding Limited | iClick Interactive Asia Group Limited | $360M | November 30, 2024 |
| TradePMR | Robinhood Markets | $300M | November 19, 2024 |
| Aperio Group | BlackRock | $1.1B | November 23, 2020 |
| NextSeed | Republic | Undisclosed | November 1, 2020 |
| Eaton Vance | Morgan Stanley | $7.0B | October 8, 2020 |
| Personal Capital | Empower Retirement | $1.0B | June 29, 2020 |
| E*Trade | Morgan Stanley | $13B | February 20, 2020 |
Frequently asked questions
Who are the most active acquirers of Wealthtech companies?
The most active acquirers of Wealthtech companies tracked by Windsor Drake are Morgan Stanley, BlackRock, and Empower Retirement, based on 10 sourced transactions since 2020.
What do Wealthtech companies sell for?
Across 10 tracked Wealthtech transactions, disclosed deal value totals $23B. Individual outcomes vary with growth, margin, and strategic fit. Windsor Drake advises Wealthtech founders on positioning to the right acquirers to maximize value.
Selling a Wealthtech company? Talk to Windsor Drake about positioning to the right acquirers. This buyer data is drawn from Windsor Drake Market Intelligence and updated as new deals are sourced.