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Quovo rakes in $4.75 million from VC backers and a triumvirate of angel RIAs: Carson, Bicknell and Lockshin

The mini-Yodlee is ready to play the feisty startup role in the RIA account aggregation market

Author Lisa Shidler September 1, 2015 at 5:05 PM
Admin:
no description available
Lowell Putnam: Our vision is to take data that used to take weeks or months and we want to get that to advisors on a daily basis.

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Behind the scenes, Envestnet's board of directors had much to tussle over before finally subtracting the 'interim' from Bill Crager's CEO title

With Jud Bergman gone at a chairman, a power struggle ensued to fill that spot, and the process dragged when taking the company private came under review

April 2, 2020 at 2:34 AM

Ron Carson ends national search for chief marketing officer by doing a local M&A deal using his favorite HR broker -- Eric Clarke

When Eric Clarke decided he'd play matchmaker, the hyperactive Carson Group CEO snapped up Mineral Interactive and made a creative deal

October 5, 2018 at 6:05 PM

Bill Crager shuffles the deck on management team created just seven months ago: Tony Leal is out of 'Big Three' inner circle, replaced by Morgan Stanley vet Rose Palazzo

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January 7, 2023 at 1:50 AM

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See more related moves

Mentioned in this article:

Envestnet Inc
TAMP
Top Executive: Jud Bergman

Carson Group
Consulting Firm
Top Executive: Ron Carson

Quovo
Portfolio Management System




MRJ

MRJ

September 1, 2015 — 10:27 PM

Quovo is no better than ByAllAccounts. BAA is actually better because they have dealt with these issues for years now and easily fix issues. We use both and the only reason Carson or any of the others are saying how great it is, is because they invested in them hoping some dumbo will scoop up this tech like Envestnet did with Yodlee. Don’t waste your time or money using Quovo unless all you want to bring in is basic position info – transactions? Forget about it.

Stephen Winks

Stephen Winks

September 2, 2015 — 8:34 PM

If you build around a vendor, you don’t own the intellectual capital or the value ascribed to that technology. Thus, if the objective is to build value you must own core technology. It is not a question of whether Quovo is better or not, it is a question of literally owning one’s value proposition so it can be sold. Ultimately, no one will pay you for an enterprise driven by technology you do not own, as they would simply go for the third party source code where the value resides.

SCW
Stephen Winks

WinkDink

WinkDink

September 2, 2015 — 11:52 PM

Great Move by Envestnet

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