The "strategic divestiture" comes after years of legal challenges and speculation swirling around the analytics and data ...

The data aggregator is being sold to STG for an undisclosed amount in a deal set to close in the third quarter.

Envestnet CEO Chris Todd said the deal with STG will allow his company to focus on its core wealth management platform.

Envestnet is selling its open finance and data analytics unit Yodlee to private equity firm STG. Financial terms of the deal ...

If Envestnet has emerged as the leader among the five major players in portfolio management software, it’s not for lack of competition. The rivalry seems to grow more intense every year, ...

Through collaboration with BlackRock, Fidelity Investments, Franklin Templeton and State Street, professionally managed model portfolios with alternative allocations are available via the firm's ...

Envestnet, Inc.’s ENV shares have gained 26.7% year to date compared with a 9.1% rise of the industry and an 18.4% increase of the Zacks S&P 500 composite. What’s Behind the Rally ENV put on ...

Buy-out giant Bain Capital agreed to buy Envestnet, a wealth management software company, in a deal valued at $4.5 billion and the latest in a flurry of private-equity M&A activity this year.

Today, Envestnet continues to prioritize transparency, scale, and advisor efficiency through these integrated partnerships with Arch, CAIS, Canoe Intelligence and iCapital.

Envestnet, which went private in a sale to Bain Capital last year, announced plans to sell Yodlee, the financial data aggregation subsidiary, to STG, a Menlo Park, Calif.-based private equity firm.

Envestnet refers to the family of operating subsidiaries of the holding company, Envestnet, Inc. Disclosures: Fidelity Investments ® is an independent company, unaffiliated with Envestnet Inc ...