FNZ has secured $1.4bn of new funding from Canada Pension Plan Investment Board and Motive Partners, in one of the largest ever primary equity raises in the wealth management sector.
The round values the company at more than $20bn and backs further geographic expansion and acquisition plans.
The wealth management platform, which has its UK headquarters in Edinburgh, alongside offices in Dundee, works with more than 650 financial institutions, including abrdn, Aviva, Barclays, Lloyds and Santander.
