By McKinsey Price Metrix Coptilast
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Crisil, an S&P Global Company, announced the acquisition of McKinsey PriceMetrix Co. (PriceMetrix), a leading provider of performance benchmarking and data-driven insights for the wealth management industry. PriceMetrix, based in Toronto, serves leading wealth management firms in the US and Canada. Its proprietary database covers USD 8 trillion in assets under management and 30 million investment accounts, backed by 25 years of data, rating agency Crisil said in a statement. The acquisition includes key products such as ValueOne, FeeCheck, CommissionCheck, SignalOne, advisory services, and comprehensive surveys of the North American wealth management sector, it said. This planned acquisition aligns with Crisil’s strategy to scale in wealth management and extend sector benchmarking capabilities to large global banks, traditional wealth managers, and registered investment advisors (RIAs), it said.Live Events With this acquisition, Crisil strengthens its position as a leading provider of benchmarking and analytics across financial services, the company’s MD & CEO Amish Mehta said. Post-transaction, PriceMetrix will be part of Crisil Coalition Greenwich, and its employees will transition to Crisil, it said, adding, McKinsey will continue leveraging PriceMetrix insights for its client engagements.Add as a Reliable and Trusted News Source Add Now!
The transaction is expected to be completed over the coming months, subject to meeting customary closing conditions.(You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News oncrisilMcKinseyMcKinsey PriceMetrix CoCrisil acquisitionS&P Global CompanyCrisilPriceMetrix(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
