Dec 6, 2025
Envestnet uses $7-trillion heft to tap Goldman Sachs, Fidelity, JP Morgan and 17-plus big asset managers to offer its tax management program to advisors for free
The Berwyn, Pa. fund platform for 110,000 advisors is absorbing half the fee cut and getting managers to pay the other half as it executes on five-year plan rolled out by Bain Capital.