Envestnet
Wealth technology and managed-account platform, owned by a Bain Capital-led group.
envestnet.comEnvestnet provides a platform covering managed accounts, trading, proposals, direct indexing, tax management and data. It also owns Tamarac, and its site says 1,800 firms use its TAMP technology.
A Bain Capital-led group completed a take-private of about $4.5 billion in November 2024. Envestnet has agreed to buy Vestmark, with closing expected in the fourth quarter of 2026.
What it does
- Managed accounts
- Trading and proposals
- Direct indexing
- Tax management
- Data aggregation
Named by others in this directory
Coverage
- Small RIAs get a $4,800 Claude offer from Schwab, but the seat minimum remains
Financial ADVSR, Oct 29
- Envestnet eyes RIA benefits of Vestmark deal
InvestmentNews, Oct 29
- Vestmark and Allspring partner to expand advisor-built model portfolios
Financial ADVSR, Oct 28
- Claude for Financial Advisors comes with a 20-seat Enterprise floor
Financial ADVSR, Oct 22
Others in TAMPs and models
All TAMPs and models vendors- Adhesion WealthAssetMark-owned unified managed account platform with outsourced trading.
- AssetMarkTurnkey asset management and technology platform for independent advisers.
- GeoWealthChicago TAMP and software provider with a model marketplace and private-markets models.
- Orion Portfolio SolutionsOrion's open-architecture TAMP, including the Brinker Capital Investments strategies.
- Focus Advisor SolutionsFocus Financial's service TAMP, formerly Buckingham Strategic Partners.
- SEI (advisor solutions)SEI's technology, custody and investment services for independent advisers.