Envestnet To Acquire Vestmark, Adding Platform Supporting More Than $2 Trillion In Assets - Pulse 2.0

Envestnet is acquiring Vestmark, a major provider of wealth management technology, in a move that consolidates significant infrastructure supporting over $2 trillion in assets. For financial advisors, this merger signals potential platform integration changes and increased capabilities in portfolio management and tax-efficient investing tools, which are increasingly being augmented by AI-driven automation.