Accretive Advisor buys Advisor Impact

Merger and acquisition activity in Canada has picked up in 2011, with a deal within the advisor services industry. Accretive 360 Inc., the parent company to Accretive Advisor, bought Advisor Impact Inc. of Toronto, the leading North American research boutique on the investor-advisor relationship.

The acquisition marries the unique online matching tools of Accretive Advisor to a suite of research and training services of Advisor Impact.

“There’s such a great synergy between our two businesses,” said Julie Littlechild, founder and CEO of Advisor Impact. “I can’t imagine a better partner; together, we’ll be focused on the same end, which is to significantly improve the way investors and advisors work together.”

As a result of the deal, Littlechild becomes managing director of research for Accretive Advisor, but will remain the CEO of Advisor Impact which will continue to operate under its own name as a subsidiary of Accretive 360 Inc.

“Our single goal is to help investors and advisors enjoy a more successful relationship,” said Randy Ambrosie, founder and CEO of Accretive Advisor. “In their 12 years of experience in the Canadian, American and British markets, Julie Littlechild and her team have developed the most useful insights and tools virtually anywhere.”

With additional research strength to investor-advisor support Accretive now readies for launch across Canada.

“Now we’ll be able to offer their expertise and our own—not only to Investors, but to Accretive Advisors, who are among Canada’s top financial advisors,” added Ambrosie.