Fintech firm InvestCloud has bought Advicent, a technology business which specialises in cash flow, trust and tax financial planning.

Advicent provides financial planning technology for over 140,000 financial planners at 3,000 firms.

Its product, the NaviPlan platform, helps create scalable financial planning software as well as cash flow and goal-based planning engines. It aims to help planners and clients understand their financial futures.

Advicent’s global headquarters are in Milwaukee, Wisconsin, and its European base is in the Netherlands.

InvestCloud, meanwhile, specialises in digital platfo...