Articles tagged "Envestnet Inc"
Headline
Publish date
Envestnet just surpassed $5 trillion in assets and 108,000 advisors on its platform but profits were flatter as rising tide of inflows floats financial services boats
The Chicago-based amalgam of investments and software keeps growing the top line but reaping rewards from its semi-captive audience is still a work in progress
August 18, 2021 at 2:02 AM
Envestnet shares nosedive before regaining some ground after Bill Crager lays out bold new 'post-COVID' vision and tosses one 'curveball'
The stock lost 20% of its value Friday (Feb. 26), after the Chicago outsourcer's CEO revealed plans to be a digital supermarket to financial supermarkets but at the expense of some 2021 earnings growth
March 2, 2021 at 2:47 AM
Behind the scenes, Envestnet's board of directors had much to tussle over before finally subtracting the 'interim' from Bill Crager's CEO title
With Jud Bergman gone at a chairman, a power struggle ensued to fill that spot, and the process dragged when taking the company private came under review
April 2, 2020 at 2:34 AM
Envestnet, caught in speculative web over possible Yodlee spinoff--or sale of company, itself--has Wall Street scrambling to buy on the rumor
'Large private-equity firms, in particular, are said to be interested,' Barron's reports, but who's driving the conversation--the company, news media or speculators?
February 3, 2020 at 8:26 PM
Interim CEO Bill Crager no-comments sale rumors but affirms 'leadership clarification' is coming soon as Envestnet quickly converts 100 PortfolioCenter users to Tamarac
In first quarterly meeting since Jud Bergman's death, wingman Crager had good news that includes major deal with Equifax
November 14, 2019 at 11:31 PM
Entrepreneurial firm hits Envestnet with $100-million lawsuit for alleged Yodlee 'Trojan Horse' scheme used to steal proprietary technology
Owner of FinancialApps -- and his famous lawyer -- charge in court papers the Chicago-based outsourcer feigned interest in being a long-term software partner but misappropriated a data app; Injunction and damages sought that would be 'very bad' outcome, analyst says