RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

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
1 Comment
no description available
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

Bill Crager is dropping CEO role after multiple shoes dropped; the company insists it was his 'decision' but vision, Yodlee future uncertain

The co-founder of the $5.3-trillion AUA outsourcer of software and investments was pressed to take the job under the most adverse circumstances, then second-guessed by stakeholders as he managed the cards he was dealt.

January 9, 2024 at 4:09 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

The upper RIA echelon mass-exit is now at 25 execs and counting -- for 25 'reasons' -- but it's hardly a coincidence, analysts say

Burnout and EBITDA weigh on CEO-types as never-ending exits claim Ron Carson, Aaron Klein, Bernie Clark, Rudy Adolf, Bill Crager and Tim Buckley.

June 7, 2024 at 11:17 PM

See more related moves

Mentioned in this article:

Envestnet Inc
TAMP
Top Executive: Jud Bergman



RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING


RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings


Common Tags


Recent Articles


Popular Writers


RIABiz logo

RIABiz

About Us

Directory

Archives

Connect

RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.