Envestnet Reviews

Updated March 13, 2015
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Envestnet Chairman, Founder, and CEO Jud Bergman
Jud Bergman
26 Ratings

10 Employee Reviews

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  1. A good place to work

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

    I worked at Envestnet

    Pros

    Growing company and ample opportunity to develop

    Cons

    As it is a growing company there are many new positions and processes which have not been established

    Recommends
    Positive Outlook
    No opinion of CEO
  2. Great People

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Envestnet

    Pros

    People were great to work with. Plenty of opportunity within a growing company

    Cons

    Compensation a bit lower than competitors

  3. Growing firm and excellent opportunity for the right person

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

    I have been working at Envestnet full-time (more than 3 years)

    Pros

    If self-motivated and assertive, there are opportunities for input and advancement. Good work/life balance for the most part. Seems to be working on areas of improvement. Constantly growing.

    Cons

    Many areas of needed improvement still in progress but sorely needed. Pay calculations not clear to staff. Large workload. Inexperienced management. lack of training for new hires. Sink or swim in many cases.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. Valuable experience and growth opportunities

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

    I worked at Envestnet full-time (more than 8 years)

    Pros

    A growing dynamic company allowing for growth potential. The company grew exponentially while I was there which created more and more jobs that gave existing employees a chance to learn and do something new. Management was always great to work with, listened to you and mentored you.

    Cons

    It's a sales focused business that continuously cut costs through lay-offs. restructuring and gradually moving operations depts to its office in India. The company tends to keep departments under staffed. Requesting more staff is a hard sell.

    Advice to ManagementAdvice

    Keep depts well staffed so no one is overworked with their own workload or doubly burdened when others are sick or on vacation.

    Recommends
    Positive Outlook
    Approves of CEO
  6. Good company to work for

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

    I have been working at Envestnet full-time (more than a year)

    Pros

    space to grow; good company culture

    Cons

    too much of politics; no time flexibility

    Advice to ManagementAdvice

    ok

    Recommends
    Positive Outlook
    Approves of CEO
  7. Self Starters' Dream

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

    I have been working at Envestnet

    Pros

    If you're self motivated and value work life balance within the Financial Services sector Envestnet's the place to be.

    Cons

    If you're looking for a company with a formal training program when you begin, this company simply isn't for you. Also the pay is slightly on the low side.

    Recommends
    Positive Outlook
    No opinion of CEO
  8. Choose your own path and grow

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

    I have been working at Envestnet full-time

    Pros

    Envestnet is a young company that has experienced quite a bit of growth during the last few years. As a result, there are many opportunities to grow with the company. If you are a team player, motivated, and not afraid to approach management you'll be treated as an asset. While there are some departments that hire externally, the vast majority of them in the Chicago office prefer to bring someone through the ranks.

    Cons

    There isn't much of a focus on development within a position because the workload is high. Pay could be better and sometmies appears to vary wildly from person to person in the same department. The benefits leave something to be desired (PTO, 401k).

    Advice to ManagementAdvice

    Continue to improve upon what you are doing, make the company a more attractive place to work for current employees, and don't be afraid to have honest discussions with employees about the work environment

    Recommends
    Positive Outlook
    Approves of CEO
  9. 1 person found this helpful

    Terrific people, real value delivery....but watch out for potholes

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

    I worked at Envestnet full-time

    Pros

    Great colleagues, colaborative work environment, great customers. You really do provide a value-added service to your customers, regardless of whether they're internal or external.

    Pay is good, but rank and file employees really earn it.

    The company knows when and how to let off steam!

    Cons

    "Strategic" at Envestnet really means the flavor of the day and thus "strategy" can change on a moments notice. Often these changes are not seemingly well reasoned and almost never communicated effectively.

    Rank and file employees often have to deliver on promises made by others who have no concept of the consequences of their promises. (why you earn every dime they will pay you)

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. Good

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Trainee QA Automation in Thiruvananthapuram (India)
    Former Intern - Trainee QA Automation in Thiruvananthapuram (India)

    I worked at Envestnet as an intern (more than a year)

    Pros

    A Good Learning Experience
    Very Good employee-management relationship

    Cons

    They could follow better process

    Recommends
    No opinion of CEO
  11. Good place to work and learn!!

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

    I have been working at Envestnet full-time (more than 10 years)

    Pros

    Transparent and supportive management
    Lots to learn if u choose to
    Best people onboard
    Friendly environment

    Cons

    Overseas conference calls almost always adjusted to US timings, India employees need to stay back after office hours. Could be 50-50

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO

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