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Envestnet, caught in speculative web over possible Yodlee spinoff--or sale of company, itself--has Wall Street scrambling to buy on the rumor

'Large private-equity firms, in particular, are said to be interested,' Barron's reports, but who's driving the conversation--the company, news media or speculators?

Author Keith Girard February 3, 2020 at 8:26 PM
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Bill Crager has another issue on his plate, the possible sale of Envestnet or Yodlee.

TAMPs


Brian Murphy

Brian Murphy

February 4, 2020 — 1:05 AM
In my opinion, Plaid was a unique market fit opportunity and Yodlee's valuation shouldn't be based on the metrics paid by Visa for Plaid. The synergies behind Plaid coupling with Visa are pretty unique and probably not available to potential acquirers of Yodlee/Envestnet. Visa, being in a leadership position in the semi-oligopolistic credit card industry is in a unique position; likely able to dictate adoption of technologies which arise via Plaid.

Related Moves

April 2, 2020 at 2:34 AM

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 at 1:42 AM

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

The Envestnet CEO gets 'very, very impressive' 43 year-old BlackRock exec; the New York asset manager happens to be Envestnet's largest stakeholder.

September 27, 2023 at 2:48 AM

Bill Crager shuffles the deck on management team created just seven months ago: Tony Leal is out of 'Big Three' inner circle, replaced by Morgan Stanley vet Rose Palazzo

The RIA software 'trailblazer' and co-founder of MoneyGuidePro has been working on departure for a year; will transition to a 'consultant,' company says

January 7, 2023 at 1:50 AM

See more related moves

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Envestnet Inc
TAMP
Top Executive: Jud Bergman



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