Envestnet nets Prima in $14M deal
- 4:22 PM — Feb 10 —
- Source: Investment News
Envestnet Inc., which offers a technology platform to help financial advisers manage client assets, is expanding and deepening its market share by acquiring Prima Capital Holdings Inc. "We like the people [at Prima Capital], we like the caliber of their research, and their clients are very interesting to us as well," said Bill Crager, president of Envestnet, which has $14 billion on its platform. Read More
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