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After an IPO planned for last year didn't happen, the company could opt to satisfy its backers with a sale.
The deal, which is expected to close in the first quarter of 2018, will bring the total assets Envestnet works with to almost $2 trillion.
After a decade of litigation, fees are lower and retirement plans are more transparent. But have the lawsuits gone too far?
How many financial advisers does it take to screw in a lightbulb?
Increased regulation is straining profit margins among broker-dealers, sending many of them into the arms of their bigger brethren.