[2] [3] Its main product is an advisory platform that integrates the services and software used by financial advisors in wealth management.

[8][9] In the same year, Envestnet also acquired online investment platform Upside in February and financial-planning software provider Finance Logix in May.

[8] The firm stated that their main goal was to drive the acquisitions to provide a full suite of technology offerings for financial advisers.

[11] Bergman and his wife, 57-year-old Mary Miller, were killed on October 3, 2019, when a 34-year-old woman crashed her Volkswagen into the taxi they were riding on Highway 101 in San Francisco, California.

The buyer group included private equity firm Bain Capital, along with asset management giants BlackRock, Fidelity Investments, Franklin Templeton, and State Street Global Advisors.

[20] On November 25, 2024, Envestnet announced that the Bain-controlled consortium had completed the purchase of the firm, in a deal valued at approximately $4.5 billion.