*** Welcome to piglix ***

Envestnet

Envestnet Inc.
Envestnet
Public
Traded as ENV
Industry Financial services
Founded 1999
Founder Jud Bergman (CEO)
Bill Crager (President)
Headquarters Chicago, IL, U.S.
Area served
Worldwide
Total assets $421 million (2015)
Number of employees
  • Increase2,665 (2015)
Website envestnet.com

Envestnet (: ENV) provides unified wealth management technology and services to financial advisors and institutions. As of September 2016, Envestnet supports over 51,000 advisors, and 3.6 million investor accounts and over $1 trillion in total assets with almost $334 billion of fee‐generating assets under management (AUM) and assets under administration (AUA)

The company's initial public offering of stock filed on the and went public on 28 July 2010. It priced at $9; at the bottom of the range of $9-$10. The major underwriters were Morgan Stanley (MS), UBS AG (UBS), and Barclays (BCS). The company raised $63M by selling 7M shares

In 2012 Envestnet purchased Tamarac for $54 million.



...
Wikipedia

...