Envestnet
Envestnet, Inc. is an American financial technology corporation which develops and distributes wealth management technology and products to financial advisors and institutions. Their flagship product is an advisory platform that integrates the services and software used by financial advisors in wealth management.
| Envestnet | |
| Company type | Public |
| Industry | Financial services |
| Founded | 1999 |
| Founder | Jud Bergman (1957–2019) Bill Crager |
| Headquarters | Chicago, Illinois, U.S. |
Area served | Worldwide |
Key people | Bill Crager (chief executive officer) |
| Revenue | US$812.36 million (2018) |
| AUM | US$1.2 trillion (2018) |
| Total assets | US$1.313 billion (2018) |
Number of employees | 4,250 (2020) |
| Website | envestnet |
Envestnet received controversy in 2020 when it was sued in a class action for its collection of consumer financial data. The company filed a motion to dismiss in November of 2020, which was partially granted but partially denied by the court.
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