Davy Stockbrokers has announced it is acquiring investment consultancy iCubed .
iCubed provides consulting, research and training services to financial brokers on investment funds and markets.
The business will be become part of the Davy Select business unit which has responsibility for financial brokers and intermediaries.
Tony Garry, Chief Executive, Davy, said: “The iCubed business will be highly complementary to the Davy Select adviser platform. This platform allows financial brokers build world class investment portfolios from a choice of over 10,000 investments.
Commenting, Gary Connolly, Principal iCubed, added: The significant investment resources of the Davy group will allow iCubed to deliver an enhanced and expanded range of services to Irish advisers.”