(PRWEB) December 02, 2013
In conjunction with the recently closed sale of its Insurance Solutions Division, Zywave's Financial Solutions Division is being renamed as Advicent Solutions ("Advicent") effective immediately. The new name clearly indicates the company's exclusive focus on the financial advice and planning solutions business. Vista Equity Partners ("Vista"), a technology-focused private equity firm, retains ownership of Advicent and will continue to offer its value-added support and resources to the Advicent team.
Advicent President Kimberly Capelle commented, "We are excited to embark on the next phase of our future growth. Our customers should know that our executive team and the entire Zywave Financial Solutions team, from top to bottom, are moving forward with Advicent. More importantly, our customers will now benefit from an exclusive focus on the financial advice and planning marketplace."
Since its acquisition by Vista in 2011, Advicent has introduced dozens of advancements to its core NaviPlan and Profiles product lines and unified both under its NaviPro Financial Planning Suite. It also released a groundbreaking marketing and communications tool, Advisor Briefcase.
According to Mike Winters, Senior Vice President of Sales, "It has been a monumental year. We have established our suite of products as the standard of excellence for financial planning in North America and have recently added numerous notable financial firms to our distinguished network of customers. And 2014 will bring even more advancements to collaborative planning, consumer access, and coordinated advice and communication. We are at the beginning of a new era of financial planning, and we intend to lead the way."
For more information, please visit http://www.advicentsolutions.com.
About Advicent Solutions
Advicent Solutions is a leading provider of software-as-a-service ("SaaS") technology solutions for the financial advice and planning industry. The company's products include web-enabled marketing communications, needs assessment and financial planning tools, and are used by more than 250,000 financial professionals across more than 2,700 customers. Advicent's products are trusted by both small and medium -sized businesses as well as some of the world's largest financial institutions to help grow their business.
About Vista Equity Partners
Vista Equity Partners, a U.S. based private equity firm with offices in Austin, Chicago and San Francisco, invests approximately $7.7 billion in cumulative capital commitments in dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista's investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For further information, please visit http://www.vistaequitypartners.com.