MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

BlackRock Takes Equity Stake In Envestnet

TedTed
in The Bullpen
FYI: The world's largest asset manager is buying a piece of one of the largest adviser technology providers.

BlackRock plans to invest $122.8 million to acquire a 4.9% equity stake in Envestnet in an effort to integrate BlackRock's technology, including a robo-adviser and retirement planning tool, with Envestnet's wealth management platforms.
Regards,
Ted
https://www.google.com/search?source=hp&ei=1Vj9W6PyFeHajgT7vKjwCg&q=BlackRock+takes+equity+stake+in+Envestnet&btnK=Google+Search&oq=BlackRock+takes+equity+stake+in+Envestnet&gs_l=psy-ab.3...2884.2884..4167...0.0..0.134.204.1j1......0....1j2..gws-wiz.....0.JqWA-E4UU2E
Sign In or Register to comment.