Envestnet

Envestnet Upgrades Wealth Data Platform With Dynamic Benchmarking

Envestnet Upgrades Wealth Data Platform With Dynamic Benchmarking

Berwyn – September 20, 2026 -- Envestnet has recorded an 82% year-over-year increase in Wealth Data Platform (WDP) users and a 31% rise in firms using the platform as of September 20, 2026, alongside a 102% jump in WDP page views over the same period. The company unveiled its third technology release of 2026 (R3 2026), replacing static peer-average benchmarking with dynamic, contextual performance comparisons across its Adaptive WealthTech ecosystem.

Dynamic benchmarking replaces one-size-fits-all industry averages

The updated Wealth Data Platform now allows firms to compare performance by business segment, geography, and advisor behavior rather than against a single static benchmark. New dimensions include quartile, median, and risk-bucket performance views, plus benchmarking support extended across both U.S. and Canadian advisor populations. Home office leaders gain dedicated views into top- and bottom-performing advisor segments.

Envestnet to Acquire Vestmark, Combining $8T and $2T WealthTech Platforms

Envestnet to Acquire Vestmark, Combining $8T and $2T WealthTech Platforms

Berwyn, Pa. – September 15, 2026 -- Envestnet has signed a definitive agreement to acquire Vestmark, merging a wealthtech platform serving more than a third of U.S. advisors with $8 trillion in assets with a trading and portfolio management provider supporting $2 trillion in assets and over five million investor accounts.

Envestnet gains institutional-grade trading and tax transition technology from Vestmark

The acquisition adds Vestmark's portfolio management technology, institutional-grade trading infrastructure, and outsourced investment management services to Envestnet's ecosystem. Vestmark, headquartered in Wakefield, Massachusetts and founded in 2001, has built its client base over 25 years working with wirehouses and firms running institutional-scale trading operations.