Envestnet buys analytics firm with eye toward DOL fiduciary rule compliance
Firm purchases Wheelhouse Analytics as tool to glean more insight into client portfolios and benchmark accounts against peers.
Envestnet, the investment services and technology provider that purchased the Yodlee data aggregator firm 14 months ago, now has bought a data analytics firm to help its 50,000 adviser clients meet coming fiduciary requirements and dig into their customer relationships to strengthen their books of b
Learn more about reprints and licensing for this article.