Envestnet Acquires Wheelhouse Analytics

Envestnet, Inc. (NYSE: ENV) has acquired Wheelhouse Analytics LLC, a technology company that provides data analytics, mobile sales solutions, and online education tools to financial advisors, asset managers and enterprises.

Terms of the acquisition were not disclosed.

Envestnet will integrate Wheelhouse Analytics´ tools, delivering robust online dashboards and reporting that provides actionable intelligence.

Envestnet will combine Wheelhouse Analytics´ tools with Yodlee´s industry-leading data and analytics solutions to strengthen Envestnet´s data-driven insights to financial advisors, asset managers and enterprises enabling them to better manage their businesses and client relationships and deliver better outcomes to their clients.