New Options Strategy Quantitative Portfolio (QP) is the Latest Solution to Emerge from Envestnet Affiliate QRG's Systematic Approach to Investment Management

Advisors can Offer a Personalized Solution for Mitigating the Risk of a Concentrated Stock Holding, While Offsetting Capital Gains, Over Multiple Years

BERWYN, Pa., Oct. 28, 2024 /PRNewswire/ -- Envestnet, a leading provider of integrated technology, data intelligence and wealth solutions—and also one of the largest direct index separately managed account providers—has launched an Options Strategy Quantitative Portfolio (QP) to address the market volatility, tax risk, and liquidity risk associated with concentrated stock positions, and to help advisors and their clients unwind these positions.

BERWYN, Pa., Oct. 10, 2024 /PRNewswire/ -- Attracting and retaining high-net-worth (HNW) investors as lifelong clients is a critical focus for many financial advisors, yet the path to successfully engaging this lucrative client segment remains complex. Envestnet's latest research sheds light on the strategies and solutions that can help advisors better serve HNW clients and grow their practices. According to Envestnet's 2024 Advisor Perspectives Survey1, nearly one-third of advisors are set to enhance their focus on services tailored for HNW or ultra-high-net-worth (UHNW) clients. This number rises to 40% among firms managing over $500 million in assets.

Kasowitz Benson Torres Is Acting As Lead Counsel For FinancialApps

NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Financial technology pioneer FinancialApps's $100 million lawsuit for trade secret misappropriation, tortious interference, and unfair competition against wealth management company Envestnet ($ENV) – whose acquisition by Bain Capital in a $4.5 billion deal was approved by shareholders earlier this week – is now headed to a jury trial in Delaware Federal Court.

BERWYN, Pa., Sept. 24, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) ("Envestnet," or the "Company"), a leading provider of integrated technology, data intelligence, and wealth solutions, today announced that, at a special meeting (the "Special Meeting"), the Company's stockholders approved the pending acquisition of the Company by affiliates of vehicles managed or advised by Bain Capital (the "Merger").

BERWYN, Pa., Sept. 23, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, has been recognized as an industry leader at the 2024 WealthManagement.com Industry Awards (the "Wealthies"). Including its Exchanges and partner integrations, Envestnet's ecosystem won five awards, including top honors for Advisor Choice and Best Unified (All-in-One) System.

New Envestnet RIA Capabilities include Enhanced Fixed-Income Trading tool, Unified Managed Accounts Integration, and New Client Portal

Envestnet Co-CIO and Solutions Group President Dana D'Auria Takes the Stage at Future Proof 2024 to Address the Future of Investment Delivery

BERWYN, Pa., Sept. 16, 2024 /PRNewswire/ -- Time, arguably an advisor's most valuable resource, is often in critically short supply, insufficient for what they would ideally like to spend with clients. According to Envestnet's 2024 Advisor Perspectives Survey1, nearly 40% of advisors are spending their time on investment management and administrative activities, with 30% saying they are not able to spend enough of their time with clients.

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Frontier Communications Parent, Inc. (NASDAQ: FYBR)'s sale to Verizon Communications Inc. for $38.50 per share in cash. If you are a Frontier shareholder, click here to learn more about your rights and options.

Recognition Spans 'All-In-One' Platforms, Innovation, Direct Indexing, Retirement, and Annuities Showcasing Envestnet's Comprehensive Solutions and Integrations

BERWYN, Pa., Aug. 27, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, announced that its ecosystem has been recognized as a finalist for seven 2024 Wealth Management Industry Awards ("Wealthies"). Envestnet's ecosystem received the highest number of finalists from a field of more than 1,000 entries across over 400 companies when including its Exchanges.

NEW YORK, Aug. 16, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Envestnet, Inc. (NYSE: ENV), relating to its proposed merger with Bain Capital Private Equity, LP. Under the terms of the agreement, Envestnet shareholders will receive $63.15 per share of Envestnet common stock they own.  

NEW YORK, Aug. 13, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Bukit Jalil Global Acquisition 1 Ltd. (NASDAQ: BUJA)'s merger with Global IBO Group Ltd. If you are a Bukit Jalil shareholder, click here to learn more about your legal rights and options.

MILWAUKEE, July 11, 2024 /PRNewswire/ -- Ademi LLP is investigating Envestnet (NYSE: ENV) for possible breaches of fiduciary duty and other violations of law in its transaction with Bain Capital.

Click here to learn how to join our investigation https://www.ademilaw.com/case/envestnet-inc or call Guri Ademi toll-free at 866-264-3995.  There is no cost or obligation to you.

Envestnet stockholders will receive $63.15 in cash for each share of common stock they own in a transaction valuing Envestnet at $4.5 billion. The transaction agreement unreasonably limits competing transactions for Envestnet by imposing a significant penalty if Envestnet accepts a competing bid. Envestnet insiders will receive substantial benefits as part of change of control arrangements.

NEW YORK, July 11, 2024 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Envestnet, Inc. (NYSE: ENV) and its board of directors concerning the proposed acquisition of the company by Bain Capital. Stockholders will receive $63.15 for each share of Envestnet stock that they hold. The transaction is valued at approximately $4.5 billion and is expected to close in the fourth quarter of 2024.

If you are a stockholder of Envestnet, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/env/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).

NEW YORK, July 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Envestnet, Inc. (NYSE: ENV), relating to its proposed merger with Bain Capital Private Equity, LP. Under the terms of the agreement, Envestnet shareholders will receive $63.15 per share of Envestnet common stock they own.

BERWYN, Pa., July 11, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) ("the Company" or "Envestnet"), a leading provider of integrated technology, intelligent data and wealth solutions, today announced that it has entered into a definitive agreement to be acquired by Bain Capital in a transaction valuing the Company at $4.5 billion ($63.15 per share). Reverence Capital also agreed to participate in the transaction. Strategic partners BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors have committed to invest in the proposed transaction, and upon its completion they will hold minority positions in the private company.

Opportunities Include Offering Holistic Advice, A Fee-Based Future, All-In-One WealthTech, And Tackling The Organic Growth Imperative

BERWYN, Pa., July 10, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, has released its 2024 Advisor Perspectives Survey, examining the current state of financial advisory practices and anticipated industry trends. Envestnet leverages its unique vantage point to conduct the annual survey, gathering responses from 290 financial advisors. The survey explores how advisors are planning to grow, scale, and protect their businesses for the future.

Asset Managers to Offer Unified Managed Account-eligible Direct Indexing, Custom HNW Solutions and More on Envestnet Platform; Invest in Enhancements to Envestnet's UMA Ecosystem

BERWYN, Pa., June 5, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence and wealth solutions, is deepening relationships with BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors. Envestnet is planning on working with these firms, some of the largest asset managers in the world, to build investment strategies that are custom-tailored and can be used by advisors to help meet the specific financial goals, risk tolerance, and personal circumstances of individual investors; and deliver this at scale to the more than 109,000 advisors on its platform.

Now In Its 20th Year, Envestnet's Asset Manager of the Year Awards Program Recognizes Top Performing Portfolio Managers with Standout Strategies

BERWYN, Pa., May 15, 2024 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced the winners of its 2024 Asset Manager of the Year Awards during a ceremony at the company's annual Elevate conference. Among the distinguished winners, Causeway Capital Management earned the prestigious title of Manager of the Year for its Causeway International Value ADR Strategy.

Preeminent industry event hosts nearly 2,000 Advisors, RIAs, Enterprises and Fintechs who Seek Better Client Outcomes, Growth and Productivity through Envestnet's Wealth Management Platform

BERWYN, Pa., May 14, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence and wealth solutions, has kicked off its largest event of the year – Elevate 2024 – the wealth industry's premier technology conference. Taking place in Phoenix, AZ from May 13-15, 2024, nearly 2,000 advisors and professionals from registered investment advisers (RIAs), enterprises and fintechs have convened to experience firsthand the growth and productivity made possible by Envestnet's industry-leading Wealth Management Platform.

Partnership to Provide Seamless Financial Planning Experiences for Financial Services Customers in the United States

BERWYN, Pa., May 13, 2024 /PRNewswire/ -- Envestnet, a leading provider of integrated technology, intelligent data, and wealth solutions, and Salesforce, the global leader in CRM, today announced a partnership to deliver a connected and seamless financial planning experience for Envestnet customers using Salesforce's Financial Services Cloud (FSC).