The deal will result in Envestnet having $139 billion in its turnkey asset management program.
Read the full article from Financial-Planning.com here.
Envestnet to Buy Prudential Wealth Management Solutions
Turnkey asset manager Envestnet plans to buy the wealth management solutions arm of Prudential for $10 million and potential consideration of up to $23 million in cash over three years, reports Financial-Planning.com.
