Envestnet bolsters $315 billion AUM with expanded services
The leading TAMP by assets is racking up the number of advisers on its platform and new accounts are opening at a faster pace than prior quarters, said CEO Bill Crager in an earnings call.
Fintech giant Envestnet posted a 46% year-over-year increase in assets under management following the firm's expansion into new service areas including trust services and alternative investments, according to Envestnet’s second quarter earnings.
Envestnet’s AUM clocked in at $315.4 bill
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