Envestnet Reviews

Current Employee – been working at Envestnet full-time for more than 3 years

Pros – This company truly rewards employees who are self starters and bring drive and work ethic to the table.
Engaged Mgmt team

Cons – If you expect things to be handed to you or a formal Merrill Lynch-like training program, you are out of luck. If you are not a self starter or not afraid to ask questions and seek answers, this might not be a good fit.

Advice to Senior Management – For younger employees, put more of a training program in place to get them started off correctly.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Envestnet full-time for more than a year

Pros – Casual atmosphere, a very light work load, stress free work place.

Cons – The managers are awful. Multiple employees cannot stand management, especially in the software test department. Great at their job when it comes to programming and testing, but have no idea how to manage other people.

Advice to Senior Management – Hire managers to manage! Don't hire people that excelled at their technical position to be in charge, they don't know how to mange, they just know how to do their primary role.

No, I would not recommend this company to a friend

Current Employee – been working at Envestnet full-time for more than a year

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

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – 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 Senior Management – 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

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Former Employee – worked at Envestnet full-time for more than a year

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

Former Employee – 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)

Yes, I would recommend this company to a friend

Current Employee – been working at Envestnet full-time for more than a year

Pros – good hours and work life balance, but this is not always the case. Many times it's short staffed so you will have to work much longer hours and/or not take a lunch.

Cons – management is extremely out of touch, very unprofessional environment, no set job description or training resulting in mistakes that will be entirely your fault

Advice to Senior Management – they should try to actually manage employees, not sure what they do all day but they defiantly don't run an efficient, productive department

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Envestnet full-time for more than 7 years

Pros – Banker's hours. The other employees are great.

Cons – Management and pay. The overal culture and morale is extremely depressing.

Advice to Senior Management – Try harder.

No, I would not recommend this company to a friend

Current Employee – been working at Envestnet full-time for more than a year

Pros – Hours were good - out by 4 every day.

Cons – Major HR issue, was met with no resolution. No clearly defined career opportunities - favoritism very much a factor in getting even an interview for a promotion. Little to no training resulting in mistakes, which then were solely your fault.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Envestnet

Pros – Work environment fun and respectful, career advancement opportunities excellent, company growing.

Cons – Pay could be a little better.

Advice to Senior Management – More direction in career path guidance.

Yes, I would recommend this company to a friend