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How Envestnet may use its IPO to speed growth

The IPO cash positions it for capital-intensive deals and acqusitions, but the big TAMP may not be rushing in to anything

Monday, August 16, 2010 – 4:32 AM by Brooke Southall
Admin:
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Jud Bergman: "There will be opportunities that we want to take advantage of to accelerate that growth."

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Mentioned in this article:

Tiburon Strategic Advisors
Consulting Firm
Top Executive: Charles Roame

Envestnet Inc
TAMP
Top Executive: Jud Bergman




Jeff Spears

Jeff Spears

August 16, 2010 — 2:02 PM

Reads like Envestnet is trying to out Merrill Lynch, Merrill Lynch. “Yes we are open, BUT” $8.5 billion of PMC’s $11 billion are invested in proprietary funds.
I thought Dodd-Frank was encouraging true open architechture.

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