Developer of financial data management platform designed to improve the records access between financial institutions and data recipients. The company's platform eliminates the need to share the credentials, facilitates the initial consumer consent at the individual account level, and provides a tool to configure the availability of account types, enabling clients to provide consumers with protection, transparency, and control over their information.
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planningmore
