In the course of Envestnet’s third quarter earnings connect with Tuesday evening, Main Government Officer Monthly bill Crager announced that the organization, with $5 trillion in belongings under advisement across its platforms and ties to around 100,000 money advisors across virtually 5,000 companies, will be getting into the custody business enterprise. Specifically, Envestnet is […]

Wealthtech supplier Envestnet now has an possession stake in female-targeted automated assistance platform Ellevest, according to regulatory filings released around the weekend. This financial investment did not give publicly traded Envestnet a controlling stake in the six-year-aged privately held Ellevest, which will carry on to be operate by co-founder and CEO Sallie Krawcheck. […]

Structured investments platform provider Simon Markets has partnered with both Envestnet and Fidelity Institutional to provide advisors with easier access to structured products, according to recent announcements from the three firms. Envestnet’s integration allows advisors using its unified managed account platform to provide end-clients with structured investments as “fee-based solutions,” […]