Envestnet

  www.envestnet.com
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Envestnet Reviews

Updated June 9, 2014
Updated June 9, 2014
34 Reviews

2.9
34 Reviews
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Recommend to a friend
Approve of CEO
Envestnet Chairman, Founder, and CEO Jud Bergman
Jud Bergman
23 Ratings

8 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    High growth company with poor management

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Denver, CO
    Former Employee - Anonymous Employee in Denver, CO

    Pros

    Good people to work with for the most part. Work-Life balance is okay but could be heading in the wrong direction if they aren't willing to pay more to get and keep talented employees. Growing company on the forefront of their industry.

    Cons

    The lack of communication seems to be overwhelming throughout departments. Recent changes in management style is leading to more micro-management and more working hours. Under-staffing is becoming an issue. The compensation and benefits are awful in comparison to the industry. Management is completely out of touch. There was almost no praise or recognition (verbal or otherwise), but you will be blamed for mistakes made by lack of training and ever-changing systems.

    Advice to ManagementAdvice

    Allow more flexibility and trust to your employees. Understand that the high rate of growth of the company is leading to confusion and inconsistency in daily tasks. So much growth is only sustainable for a limited amount of time. Give more recognition and encouragement, and treat employees like the valuable assets they are to your company.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2.  

    Good technology but firm has a bit of an identity crisis

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Regional Consultant  in  Boston, MA
    Current Employee - Regional Consultant in Boston, MA

    Pros

    Talented colleagues for the most part. Decent compensation, very good technology.

    Cons

    Benefits were pretty cheap, medical in particular. The technology was good but the firm also tried to do too much. Some of the functionalities are too complicated to use hence nobody uses them despite significant cost to build.

    Advice to ManagementAdvice

    Ease of use is more important than being all things to all people.

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Overall feeling and satisfaction of the enviorment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Client Service  in  Los Angeles, CA
    Former Employee - Client Service in Los Angeles, CA

    Pros

    Co-Workers make the place a great enviornment.

    Cons

    Too much politics with some departments.

    Advice to ManagementAdvice

    focus on employees

    Recommends
    Neutral Outlook
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  5. 3 people found this helpful  

    Poor pay, lack of training, lack of appreciation, however you are not micromanaged.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Denver, CO
    Current Employee - Anonymous Employee in Denver, CO

    Pros

    The management does not micromanage. They provide life insurance for free in the amount t of your salary. They contribute up to 2% of your income to your 401k.

    Cons

    The management is unappreciative of hard work. There is a lack of training. The pay is awful. The workload is high, the staffing is low. You work a lot more than 40 hours with no thanks and no compensation.

    Advice to ManagementAdvice

    Provide training. Give credit when credit is due. Reevaluate your compensation because a lot are under paid and some are over paid.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 3 people found this helpful  

    Loved the people hated the pay and the job itself

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Operations Specialist  in  Chicago, IL
    Former Employee - Operations Specialist in Chicago, IL

    Pros

    Everyone you work with is young and really easy to get along with
    Company culture is pretty easy going
    No micro-management for the most part

    Cons

    The pay is laughable
    Fundamentally flawed
    Not a place for you if you want to be challenged

    Neutral Outlook
    No opinion of CEO
  7. 1 person found this helpful  

    Entry level

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good colleagues, room to improve if self motivated, No bond therefor good place to work for a year and move out.

    Cons

    Bad Management, never hired/paid employees according to the academic qualification. Politically driven, less chances for career growth, low employee concern, cheap benefits, hard-work never appreciated (only in words)

  8. 1 person found this helpful  

    Envestnet Asset management company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Analyst  in  Thiruvananthapuram (India)
    Current Employee - Associate Analyst in Thiruvananthapuram (India)

    Pros

    As a fresher and looking for career goals this is a fare company.
    Continuous learning
    Developing stage & good track record
    Having a good Business model & Sustainability.
    After working this company one can manage any high level of stress and situations easily.

    Cons

    Work stress
    Overtime work without comp-offs and salary.
    Poor working environment
    Poor training facilities
    Lack of having well planned and organized decisions..
    Don't have sufficient employees to share the work load.
    Top management is not aware of things happening in Operation levels.

    Advice to ManagementAdvice

    Should look into the HR dept deeply and make sure they are rewarding well
    Can contact employees directly and hear there suggestions.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Not a good place for techies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Thiruvananthapuram (India)
    Current Employee - Anonymous Employee in Thiruvananthapuram (India)

    Pros

    Some of the good things about working in Envestnet is that there is not much of a work pressure, work life balance is good.

    Cons

    If you are a core techie then Envestnet is not your place to work. There is no room for creativity or innovation. The technical work force they expect to have are robot coders that do piecemeal coding without questioning any design decisions. The core technical team or the "super architects" still suffers from founders syndrome and any suggestion for improvement of the platform will invite hostile reactions. The technology in use is outdated and the methodologies used are primitive. The senior most technical team members are unaware of the latest advancements in technology. Any change that happens is reactive, often as response to a threat from a competitor.

    Doesn't Recommend
    No opinion of CEO

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