Envestnet Reviews

Updated October 8, 2014
Updated October 8, 2014
37 Reviews
2.8
37 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.  

    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

    I worked at Envestnet full-time (more than 3 years)

    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
  2. 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
  3. 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

    I have been working at Envestnet full-time (more than an 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 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
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  5.  

    Self Starters Dream Job

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

    I have been working at Envestnet full-time (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 ManagementAdvice

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

    Recommends
    Positive Outlook
    Approves 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

    I worked at Envestnet full-time (more than an 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

    Neutral Outlook
    No opinion of CEO
  7.  

    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
  8. 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
  9. 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
  10. 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
  11. 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

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