Emerging Information Systems Inc., developer of NaviPlan financial planning software, announced on Thursday that it has acquired Carlsbad, Calif.-based Financial Profiles, Inc., developer of Profiles+ financial planning software.

EISI, as the parent company, will continue to develop and fully support both the NaviPlan and Profiles+ product lines, maintaining operations in Winnipeg and Carlsbad. The acquisition brings together two of the industry’s financial planning software developers. The corporate group has approximately 300 employees and 120,000 licensed users — making it, by far, the largest vendor in North America.

“As a united entity, we will draw upon our unrivaled scale and resources to offer financial services firms broader wealth management solutions and stronger support programs,” said Mark Evans, president and CEO of EISI. “Clients of both product lines will benefit from our combined expertise.”