How the Quovo Deal Validates Envestnet’s Vision for Yodlee
“Good ideas are always crazy, until they’re not.” – Larry Page, co-founder of Google When Envestnet CEO Jud Bergman announced that his company was shelling out just under $600 million to buy data aggregator Yodlee, saying that the market did not approve was an understatement. The firm was blasted by both the press and equity […]
10 Disruptive Demos from InVest NYC 2018
This has become one of my favorite parts of conferences: The Demos. A steady stream of vendors, each given under ten minutes to extol their latest features to a highly critical audience that can sometimes get a little glassy eyed with wonder. In these sessions, it pays to be on early, since by the time […]
5 Reasons Why Banks Should Start Their Own RIAs
Twenty years ago, the majority of new accounts opened by banks were trust accounts, while only a small minority were advisory accounts. That has since flipped 180 degrees. Now, the majority of accounts are advisory, with only a small percentage being trust accounts. Yet, many bank wealth management groups still put all of their accounts onto […]
