Details

Industries

Financial Services,FinTech,Software,Wealth Management

Founded date

Jan 1, 1999

Number Of Employee

1001 - 5000

Operating Status

Active

Investor Type

Accelerate

Envestnet is an independent provider of technology-enabled, web-based investment solutions and services to financial advisors. By integrating a wide range of investment solutions and services, their technology platform provides financial advisors with the flexibility to address their client's needs. They work with financial advisors who are independent, as well as those who are associated with small or mid-sized financial advisory firms and larger financial institutions, which they refer to as enterprise clients. They focus their technology development efforts and their sales and marketing approach on addressing financial advisors’ front-, middle- and back-office needs. They believe that their investment solutions and services allow financial advisors to be more efficient and effective in the activities critical to their businesses by facilitating client interactions, supporting and enhancing portfolio management and analysis, and enabling reliable account support and administration.

Their centrally-hosted technology platform provides financial advisors with the flexibility to choose freely among a wide range of investment solutions, services, investment managers, and custodians to identify those that are most appropriate for their clients.

Envestnet has acquired 1 organizations. Their most recent acquisition was Truelytics, Inc. on May 11, 2022. They acquired Truelytics, Inc. for 0.

Date Company Name	Industry	Acquisition Type	Price
May 11, 2022 Truelytics, Inc.	Business Intelligence	acquisition	—	Detail