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Philly buyer lays down a cool $199 million in cash to buy FolioDynamix, the better to put Envestnet firmly in its sights

The 'it' factor of the 2007 start-up was its revamped Sungard orphan software with LPL, Pershing and Cetera as anchors

Author Lisa Shidler September 17, 2014 at 5:20 PM
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Joe Mrak: Envestnet tried to get more into our market and we're going to go right after them.


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Bill Crager makes critical hire of 'step back from the numbers,' Joshua Warren, replacing 'brother' Pete D'Arrigo at CFO; Warren had a big role at BlackRock -- Envestnet's biggest stakeholder

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Mentioned in this article:

Envestnet Inc
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Top Executive: Jud Bergman



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