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Envestnet shares soar near $80 after S&P 400 inclusion --a round trip from the February low price of $64 after CEO Bill Crager disclosed spending plan that irked analysts

The Chicago outsourcer for 106,000 financial advisors saw its stock price rise about 11% after the active manager got assurances its shares will be added to passive portfolios

Author Brooke Southall June 4, 2021 at 8:29 PM
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Bill Crager stuck to his guns.


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April 8, 2025 at 1:49 AM

New Envestnet CEO first reached out to his financial advisor before accepting Bain Capital's offer to take over one of the advisory industry's largest service providers

The Harvard-Yale-McKinsey alum got a 'level of specificity' from chatting with his advisor firm's CIO about Envestnet's 'importance' and 'how it could be better.'

January 22, 2025 at 2:43 AM

Dani Fava is out at Envestnet -- to capitalize on AI revolution at a new firm, she hints

The ex-TD Ameritrade talent was hired by CEO Bill Crager in 2020 to harmonize acquisitions -- not least MoneyGuidePro and Yodlee that the company still grapples with

March 20, 2024 at 1:25 AM

Envestnet shares popped -- up 8% today -- after Wall Street filtered out bad news and staked its bet on confidence in a new team

The Berwyn, Pa., firm sugar-coated nothing but ended up with a sweet stock price result as analysts see good outweighing bad.

February 24, 2024 at 3:33 AM

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Mentioned in this article:

Envestnet Inc
TAMP
Top Executive: Jud Bergman



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