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Envestnet, caught in speculative web over possible Yodlee spinoff--or sale of company, itself--has Wall Street scrambling to buy on the rumor

'Large private-equity firms, in particular, are said to be interested,' Barron's reports, but who's driving the conversation--the company, news media or speculators?

Author Keith Girard February 3, 2020 at 8:26 PM
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Bill Crager has another issue on his plate, the possible sale of Envestnet or Yodlee.

Related Moves

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

Envestnet nabs Dani Fava to cross-pollinate semi-autonomous units and reap 'financial wellness' as the end product

The Chicago outsourcer has a massive, partially disconnected arsenal of products that CEO Bill Crager is rationalizing into 'wellness' with yet another new unit.

July 23, 2020 at 1:42 AM

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

The RIA software 'trailblazer' and co-founder of MoneyGuidePro has been working on departure for a year; will transition to a 'consultant,' company says

January 7, 2023 at 1:50 AM

Envestnet just named an ESG head to meld 'wellness,' 'The Intelligent Financial Life' and 'sustainable investing' into a single nirvana -- that starts outside of the product realm

Ron Ransom earned CEO Bill Crager's trust as chief business development officer and now will define how Envestnet conducts itself as a global citizen and vendor of wellness.

July 27, 2022 at 2:27 AM


Mentioned in this article:

Envestnet Inc
TAMP
Top Executive: Jud Bergman




Brian Murphy

Brian Murphy

February 4, 2020 — 1:05 AM
In my opinion, Plaid was a unique market fit opportunity and Yodlee's valuation shouldn't be based on the metrics paid by Visa for Plaid. The synergies behind Plaid coupling with Visa are pretty unique and probably not available to potential acquirers of Yodlee/Envestnet. Visa, being in a leadership position in the semi-oligopolistic credit card industry is in a unique position; likely able to dictate adoption of technologies which arise via Plaid.

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