Envestnet Completes Acquisition of Yodlee

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Go back to Envestnet Completes Acquisition of Yodlee

Envestnet (ENV) Completes ~$538M Acquisition of Yodlee

November 19, 2015 2:29 PM EST

Envestnet (NYSE: ENV) and Yodlee announced that the acquisition, originally disclosed on August 10, 2015, has been completed.

"We warmly welcome the Yodlee team to the Envestnet family. Yodlee's pioneering data aggregation solutions greatly strengthen Envestnet's broadly integrated wealth management platform and solve a mission critical problem that advisors and their clients are facing today efficient client onboarding and comprehensive planning over all of the client's assets," said Jud Bergman, Chairman and Chief Executive Officer of Envestnet. "Advisors seeking solutions that will enable them to serve and add value to their clients for their lifetime will... More