Morningstar has now completed its £35m deal to acquire Praemium's UK and international business.

As part of the deal, the Praemium platform has been rebranded to Morningstar Wealth Platform - you'll now see this name and logo has replaced the Praemium brand within Analyser.

The deal also includes the acquisition of Wealthcraft, the practice management system, and Praemium's discretionary investment management service Smart Investment Mangement.

These parts of the business will keep the existing brands but will be styled as Wealthcraft (now a Morningstar company) and Smart IM (now a Morningstar company).

We spoke to Mark Sanderson of Morningstar Wealth Platform and Steve Croucher of Morningstar to chat through the implications of the deal and what it means for advisers and planners - you can watch the discussion here.

This video was filmed as part of the UK Morningstar Investment Conference.