Envestnet
Envestnet is a leading independent provider of technology-enabled, Web-based investment solutions and services to financial advisors. By integrating a wide range of investment solutions and services, their technology platform provides financial advisors with the flexibility to address their clients’ needs. They work with financial advisors who are independent, as well as those who are associated with small or mid-sized financial advisory firms and larger financial institutions, which they refer to as enterprise clients. They focus their technology development efforts and their sales and marketing approach on addressing financial advisors’ front-, middle- and back-office needs. They believe that their investment solutions and services allow financial advisors to be more efficient and effective in the activities critical to their businesses by facilitating client interactions, supporting and enhancing portfolio management and analysis, and enabling reliable account support and administration.
Their centrally-hosted technology platform provides financial advisors with the flexibility to choose freely among a wide range of investment solutions, services, investment managers and custodians to identify those that are most appropriate for their clients.
Over the years, they have grown into one of the largest providers of wealth management solutions in the industry, with more than 700 employees in their Chicago headquarters and offices in Boston, Charlotte, Denver, New York, Silicon Valley, and Trivandrum, India.
16 past transactions
TXN
Acquisition in 2019
TXN is based in San Francisco, CA, and is backed by leading investors.
Their team has diverse experience in market research, payment processing, and consumer services, and has worked with some of the largest merchants in the world.
BondHouse Inc.
Venture Round in 2021
YieldX introduces a fixed income investing with an end-to-end digital platform that powers personalization at scale.
The company aims to be a portal to liquid global yield-driven opportunities. It sees a key global asset class being transformed, and we are building the tools to bring those benefits to all investors. YieldX is led by senior fixed income and fintech professionals who offer more than 70 years of collective experience at marquee capital markets and technology firms.
Trizic, Inc.
Acquisition in 2021
Harvest Savings & Wealth Technologies is a provider of integrated savings and wealth solutions for the financial industry. It enables financial institutions to deliver tightly integrated savings and wealth solutions to their customers at any part of their financial journey. They're building cutting-edge tools that bring more innovation and efficiency to savings and wealth management.
Harvest Savings & Wealth Technologies provides integrated, enterprise-grade digital savings and wealth solutions to banks, credit unions, trust companies, and other financial institutions. The company was founded in 2014 and is headquartered in San Francisco, California, United States.
Placemark Investments
Acquisition in 2014
Placemark Investments develops, implements, and supports wealth solutions, including Unified Managed Account platforms and retirement solutions for broker/dealers, registered investment advisors, banks, and family offices. As the separate account industry’s leading independent overlay portfolio manager, Placemark coordinates multiple investment vehicles such as separately managed accounts, mutual funds, and ETFs into a single customized portfolio, Placemark provides a solution for firms seeking to expand and capture more fee-based business.
Wheelhouse Analytics
Acquisition in 2016
Wheelhouse Analytics LLC, a technology company that provides data analytics, mobile sales solutions, and online education tools to financial advisors, asset managers and enterprises.
Tamarac
Acquisition in 2012
Tamarac, Inc. provides Independent Registered Investment Advisors with a broad suite of software tools and services to automate the process of portfolio management, rebalancing and trading within their practices. Tamarac's clients increase profitability through standardization of manual tasks without sacraficing quality customer service.
FolioDynamix
Acquisition in 2017
FolioDynamix provides broker dealers, bank trusts, RIAs, custodians and wealth management service providers with modern, web-based wealth management technology and institutional-quality investment research to attract and retain the best advisors, establish more competitive wealth management program offerings, accelerate client acquisition, and gain end-to-end visibility across all accounts.
The FolioDynamix wealth management platform helps firms achieve greater operational efficiency, improved compliance, enhanced client service and stronger business growth.
MoneyGuidePro
Acquisition in 2019
MoneyGuidePro® G4 raises the bar, making the client experience consistent and quality financial plans possible on a large scale. It increases your efficiency and enables you to add value to the planning process based on your experience, knowledge and relationship.
FundQuest Inc.
Acquisition in 2011
FundQuest Incorporated is a registered investment advisor based in Boston, MA. FundQuest Inc. is a leading provider of managed account programs, overlay portfolio management, mutual funds, institutional asset management, and investment consulting to RIAs, independent advisors, broker-dealers, banks, and trust organizations. FundQuest Inc.'s services are employed by more than 100 financial advisory firms. Since 1993, FundQuest Inc. has delivered innovative and flexible open architecture investment solutions.
FundQuest Inc. distinguishes itself from the FundQuest businesses in Europe (France and the United Kingdom) by its focus on TAMP (Turnkey Asset Management Provider), whereas the European businesses are more focused on advisory and funds of funds management. This transaction will have no impact on the European activities of the FundQuest businesses.
FundQuest Inc. is part of BNP Paribas Investment Partners which has assets under management and advice of $777 billion (June 30, 2011). FundQuest Inc. and BNP Paribas Investment Partners are both part of BNP Paribas, one of the world's largest financial services firms, which has been named one of the most stable global financial institutions by Global Finance magazine.
Dynasty Financial Partners
Venture Round in 2020
Dynasty Financial Partners is an integrated platform service provider that makes it possible for you to build the business you’ve always envisioned. A business that reflects your passions and beliefs, and gives you the freedom to pursue your goals and those of your clients the best way you know how. They help top advisors, whether they are already independent or those leaving the wirehouses, to build their businesses the same way they built ours: from the ground up, taking the long view, not short cuts. Then, they provide every possible measure of support.
At Dynasty, independence is more than just a transition. It’s a transformation, an opportunity to truly own what you’ve created, a legacy that you can pass on. Being independent and owning your own business is not for everyone. But with their resources and expertise behind you, there’s no better way to define success on your own terms.
Yodlee
Acquisition in 2015
Yodlee is a provider of financial applications that aims to make online banking more profitable. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver centralized way for users to manage their financial tasks.
Castle Rock Innovations, Inc.
Acquisition in 2015
Castle Rock Innovations is a state of the art enterprise technology services organization that utilizes technical expertise and business knowledge to create value for our clients with focus on Financial Services Industry for over 15 years.
Headquartered in Chicago IL,Local offices in CA, CT, NY, NJ, FL,TX, AL. 2009 & 2010 Inc500 fastest growing private companies in US.
CRI has developed the AXIS Retirement Analytics Platform™ (“AXIS”), a leading retirement analytics and compliance solution.
ALPHAHEDGE
Seed Round in 2015
AlphaHedge Capital Partners, LLC develops and offers hedge fund strategies. The firm offers long and short hedge fund manager research services. In addition, it provides operational services including new account processing, trading management and oversight, contribution and withdrawals, and fee processing. The firm serves investment advisers, consultants, family offices, broker-dealers, and institutions. AlphaHedge Capital Partners, LLC is based in Blue Bell, Pennsylvania with an additional office in Waltham, Massachusetts.
FinBit.io
Acquisition in 2020
FinBit Inc, through its platform, provides financial and bank data aggregation and analytics services. The company is based in Bengaluru, India. As of February 18, 2020, FinBit Inc operates as a subsidiary of Yodlee Infotech Private Limited.
Finance Logix
Acquisition in 2015
Finance Logix® provides financial planning software solutions to financial services firms, including Broker-Dealers, Banks & Trusts, Insurance, Registered Investment Advisor (RIA), technology and services providers, and Asset Managers.
Since 1998, Finance Logix® has created financial products with the vision that users would be able to easily identify client requirements and needs, quantify future goals, and return the most highly customizable, realistic, achievable plan of action. Finance Logix® is the result of extensive research and insights into what the financial services industry requires to market and deliver consistent, accurate, personalized financial advice.
Upside
Acquisition in 2015
Upside helps registered investment advisors beat the “robo-advisors” by leveraging technology and algorithms to advise, manage, and service clients who want next-generation investment services.
The company’s fully-automated, white-labeled managed account platform provides advisors with paperless account opening, portfolio selection, automated trading and rebalancing, client and advisor portals, practice analytics in an intuitive design-led user interface.
