Envestnet

  www.envestnet.com
  www.envestnet.com

Envestnet Reviews

Updated November 18, 2014
Updated November 18, 2014
38 Reviews
2.8
38 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Envestnet Chairman, Founder, and CEO Jud Bergman
Jud Bergman
25 Ratings

Employee Reviews

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  1. 2 people found this helpful  

    NO TRANSPARENCY & WEAK TOP MANAGEMENT

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

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

    Pros

    Transparency or criteria is not there in allocating yearly bonus, salary revision and RSA distribution

    Cons

    Clear favoritism, favored employees only get best benefits; others are sinking.., escalation is not possible for employee grievences

    Advice to ManagementAdvice

    US Management intervention is highly required

    Doesn't Recommend
  2.  

    It's a job not a career

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

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

    Pros

    There are not too many positives other than the hours. The company is good for people that want a job that holds them until they find another opportunity.

    Cons

    Unless you are in upper management or in with upper management there is no growth. The pay is way below average and the bonuses are very low. Do you homework before starting to work here and make sure to ask the hiring manager about why they are hiring.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Inexperienced Senior executives

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

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

    Pros

    good for first job but a long term place to work. Does have an ok work life balance and human resources is good. Employees are good people

    Cons

    bad culture built by senior executives. They are out of touch. Pay is not good. No perks and very political.

    Advice to ManagementAdvice

    none. They don't listen or know what to do

    Doesn't Recommend
    Negative Outlook
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  5.  

    Employer is trying to boost these reviews

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

    I worked at Envestnet full-time (more than 5 years)

    Pros

    Quitting was the best decision I ever made.

    Cons

    You can tell that these cheesy positive reviews are from managers that have been told to pump up the rating on here.

    Advice to ManagementAdvice

    None.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6. 1 person found this helpful  

    Awful management, boring unrewarding work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Test Engineer in Seattle, WA
    Former Employee - Software Test Engineer in Seattle, WA

    I worked at Envestnet full-time (more than an 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 ManagementAdvice

    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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    terrible place to work, wouldn't recommend to anyone

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

    I have been working at Envestnet full-time (more than an 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 ManagementAdvice

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8. 1 person found this helpful  

    Do not apply at Envestnet

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

    I have been working at Envestnet full-time (more than 5 years)

    Pros

    Banker's hours. The other employees are great.

    Cons

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

    Advice to ManagementAdvice

    Try harder.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9. 3 people found this helpful  

    Would not recommend to anyone!

    • 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 full-time (more than an 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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  10.  

    Some good people, but incompetence at many levels

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

    I worked at Envestnet full-time (more than an year)

    Pros

    -Work/life balance was pretty good
    -Very social atmosphere and many young people
    -Very entrepreneurial and able to make an impact if you know what you're doing
    -The company serves a real need, so it has done well despite many missteps

    Cons

    -Very chaotic and disorganized, with many senior people in way, way over their heads
    -Many managers and executives are incompetent, although they were very arrogant and bought their own hype
    -Pay was not competitive and bonuses were laughable
    -Extremely political; the ability to suck up was more valued than talent or competence

    Advice to ManagementAdvice

    I don't think they'd listen to any advice...

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11. 2 people found this helpful  

    No work life balance

    • 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 an year)

    Pros

    Company growing, promotion potential, benefits adequate

    Cons

    No work flexibility, difficult to get permission to go to a doctor's appt without being frowned upon, conformity a must, ability to work from home but management refuses to allow it unless you know the right people, lower management unprofessional and untrained on how to manage people, constant criticism without reward, growth has been too fast and training program is non existent, but you are punished for making mistakes without being properly trained. As another reviewer said, and many at the company as well, it's a job, not a career.

    Advice to ManagementAdvice

    Try some flexibility, realize getting the job done correctly is more important than conforming to a manager's power trip, offer management classes, hire mature management internally, realize retention is valuable and pay for experience. Ask employees about how management is doing, reviews only go down and not up. Consider the big picture and work styles to get the most out of individuals, employees are more motivated when they can trust their superiors and don't feel like their boss owns them.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

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