RED BANK, NJ / ACCESSWIRE / December 11, 2014 / Investview, Inc. (INVU), today announced that it has signed a purchase agreement which will lead to full ownership of The Certus Wealth Management platform which consists of CertusSecurities, Inc. ("CSI "), a registered broker-dealer, and Certus Investment Advisors, LLC ("CIA"), a registered investment advisor. Subject to regulatory approval and standard closing procedures, Investview will assume operational control of the Certus Wealth Platform upon closing.
The acquisition will enable Investview to offer new product lines to complement its flagship education platform for investors, including a discount brokerage execution platform and Insurance Products. "Our commitment to operate The Certus Wealth Management platform will require resources greater than the purchase price as Investview will have the ability to establish a presence in 33 branch office locations throughout the South Eastern portion of the U.S. We believe this will provide Investview with solid infrastructure on which to expand our financial services businesses," explained Joseph Louro, CEO of Investview. "Additionally, the acquisition will provide Investview with access to CERTUS Bank's 250,000 existing customers," Louro added. Investview intends to capitalize on cross selling opportunities from their core education business and other product lines.
"By bringing our management team and resources together with CSI and CIA, Investview intends to bring new value and opportunity to these businesses," added Dr. Louro. The acquisition of the Certus Wealth Management platform will add an expected $300M to Assets Under Management to Investview.
CertusSecurities, Inc. is a bank-affiliated brokerage platform with seasoned wealth advisors providing advice and guidance to support the achievement of customers' financial goals. CSI's services include personalized financial planning, asset management, retirement and insurance to trust and philanthropic services. CSI also offers online trading to its customers, allowing them to actively participate in achieving their retirement goals. "We have identified what we believe to be a great opportunity with these acquisitions. CSI and CIA are two solid financial and investment advisory businesses that fit perfectly within our growing portfolio of financial services," commented Dr. Louro.
About Investview, Inc.
Investview, Inc. is a diversified Financial Services Company which includes a Registered Investment Advisory Firm and intends to utilize the Firm's technology to generate recurring fees and commissions from potential Investview customers. Traditionally, Investview provides and delivers a comprehensive online program of investor education, offers proprietary investor search tools and trading indicators, distributes weekly newsletters and offers access to live weekly Trading Rooms Investview is continuing to emerge as a Financial Services Company seeking diversification of revenue. For more information on any of the Investview products, please visit: www.investview.com.
Information about Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements". When the words "believes", "expects", "plans", "projects", "estimates", and similar expressions are used, they identify forward-looking statements. These forward-looking statements are based on Management's current beliefs and assumptions and information currently available to Management and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. Information concerning factors that could cause our actual results to differ materially from these forward-looking statements can be found in our periodic reports filed with the Securities and Exchange Commission. We undertake no obligation to publicly release revisions to these forward-looking statements to reflect future events or circumstances or reflect the occurrence of unanticipated events.
SOURCE: Investview, Inc.