The Envestnet Story
Since our beginnings in 1999, Envestnet has grown into one of the largest providers of wealth management solutions to independent financial advisors today. We believe our success stems from the ability to create a viable and valuable approach to addressing a very real need in a highly competitive business.
Jud Bergman, an accomplished leader in the asset management industry, recognized that independent advisors needed a platform that could integrate the complex infrastructure of their practices with an array of advanced wealth management capabilities.
To fulfill his vision, he assembled a seasoned team of former colleagues and industry peers who understood the business needs of the financial advisor. Together, they have built the Envestnet platform to provide advisors with the tools they need to meet the growing expectations of affluent investors.
Since that time, Envestnet has established formal alliances with other firms that deliver solutions that complement the company's core offerings.
- In 2001, Envestnet announced a strategic partnership with Portfolio Management Consultants (PMC), one of the earliest providers of comprehensive asset management programs to the investment consulting industry.
- Then, in 2004, the company partnered with Net Asset Management, a Los Angeles-based provider of Web-based managed account technology to financial institutions and advisory firms, and Oberon Financial Technology, a Silicon Valley-based company that provides application software and services for wealth management.
Combined, these entities bring together wealth management expertise, leading-edge technology, and strong management teams to create a unified managed account platform that is unmatched in the industry.
