The buzz at RIA event in San Diego was how to get buzzed, dole out buzzes as inducement to automate practices
The intellectual puzzle of the Envestnet-Yodlee deal was one game played but Laser App's featured speaker took gaming deeper
Envestnet nabs Dani Fava to cross-pollinate semi-autonomous units and reap 'financial wellness' as the end product
The Chicago outsourcer has a massive, partially disconnected arsenal of products that CEO Bill Crager is rationalizing into 'wellness' with yet another new unit.
July 23, 2020 – 1:42 AM
Jeff Mello is latest to join eMoney's talent exodus but CEO Ed O'Brien says it's healthy renewal at a firm that added several hundred people since Fidelity bought it
The ex-Goldman Sachs director of strategy and planning at eMoney joins a growing list of departures exacerbated, sources say, by Fidelity putting a wobbly performance reporting software project -- and staff -- on its plate
February 28, 2020 – 11:09 PM
The reason why software executives are at a loss to explain Yodlee is they are focused on very narrow applications that are ancillary to advice. Envestnet must address the advisory services business in its entirety, with that context, Yodlee makes great sense if one is interested high level expert advisory services with is beyond the scope of most software vendors. But there is pressure on Envestnet to execute an overarching expert advisory services strategy. Critics may be correct, but if not, they are vulnerable to what is coming, putting brokerage and custody services on a far higher advisory service plane.
Great article – Great event.