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Envestnet shares spike on blowout net-new-asset quarter -- best since 2015 -- in part, because multi-year asset leak is slowing, and Yodlee is 'stabilizing'

The Berwyn, Pa., outsourcer saw its stock price jump 3.55% after hours to $65 after falling to 52wk low of $33.12 last November.

Author Brooke Southall May 8, 2024 at 1:58 AM
no description available
Tom Sipp: I talked about the $12.5 billion of AUM flows. That compares to $30 billion for all of last year.
Keith Girard contributed to the editing of this article.



Tom Sipp

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February 24, 2024 at 3:33 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

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