Envestnet to acquire Vestmark
Envestnet, a leading Adaptive WealthTech company serving more than a third of all advisors across all its platforms and $8 trillion in platform assets, today announced a definitive agreement to acquire Vestmark, a premier provider of portfolio management technology, institutional-grade trading, and outsourced investment management services for some of the industry's largest wealth firms.
We haven't written up this one. Finextra has the full story — the link below goes straight to it.