Trading activity monitored by Yodlee Wealth Management reveals banking sector resilience, benefiting from higher net interest income and improved loan portfolio quality. Milton Berlinski, co-founder and managing partner at Reverence Capital Partners, which has about $10 billion in assets under management, said Envestnet's significant market presence, combined with favorable sector dynamics, creates a strong foundation for future expansion. BERWYN, Pa. , June 25, 2025 /PRNewswire/ -- Envestnet, Inc. today announced it has entered into a definitive agreement to sell Yodlee, Inc., its open finance and data analytics subsidiary, to STG, a private equity firm focused on fueling innovative software, data, and analytics market leaders. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions. Recent Yodlee Wealth Management portfolio strategies show reduced exposure to emerging markets due to currency headwinds, shifting toward developed market equities with stronger fundamentals.
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