RIABiz

News, Vision & Voice for the Advisory Community

RIABiz

Envestnet cautions about Yodlee subscription 'headwinds' and the FTC asking more Yodlee-data questions as the company recorded a blowout revenue quarter

With the Redwood City-based analytics unit's possible sale put to bed for now, the Chicago firm reveals new worries about data privacy and competition but Envestnet proper's automated platform is the bomb in pandemic shutdown

Author By Lisa Shidler May 19, 2020 at 2:48 AM
Admin:
no description available
Peter D'Arrigo: 'Yodlee... is starting to, or actually beginning of last year, running into some headwinds in terms of growth, particularly within that analytics segment.

Brian Murphy

Brian Murphy

May 19, 2020 — 9:34 PM
There is a lot to the claim that the valuation differences between Yodlee and Plaid are largely due to Yodlee being "read only" and Plaid's services being bi-directional. IMO, Envestnet/Yodlee should be looking for ways to partner with those who can leverage their data into automated action. While it seems that the Yodlee accelarator/incubator should be a great early source for such partners, I don't think they've found them yet. If someone from Envestnet wants to reach out, I'm happy to provide some thoughts!

Related Moves

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

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

November 18, 2022 at 2:56 AM

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