Envestnet Reviews | Glassdoor

Envestnet Reviews

Updated June 6, 2017
113 reviews

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3.5
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Envestnet Chairman, Founder, and CEO Jud Bergman
Jud Bergman
51 Ratings

113 Employee Reviews

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Pros
  • Great work life balance, slight load during start of year (in 13 reviews)

  • Nice people, good work environment (in 7 reviews)

Cons
  • sometimes (depends on the team) work/life balance could be better (in 4 reviews)

  • Legacy platforms zapping efficiencies (in 3 reviews)

More Pros and Cons

  1. Helpful (1)

    "Management very supportive and respectful, you make your own path."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Operations Specialist in Denver, CO
    Current Employee - Operations Specialist in Denver, CO
    Recommends
    Approves of CEO

    Pros

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

    Cons

    Pay could be a little better.

    Advice to Management

    More direction in career path guidance.


  2. "Self Starters Dream Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Development in Chicago, IL
    Current Employee - Product Development in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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

  3. Helpful (2)

    "Managed Account Services"

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

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

    Pros

    Plenty of options to move up in the company

    Cons

    Although there are great benefits now, compensation is not sufficient


  4. "Advisor Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Financial Advisor Services Representative in Wheeling, IL
    Former Employee - Investment Financial Advisor Services Representative in Wheeling, IL
    Recommends

    I worked at Envestnet full-time (More than a year)

    Pros

    The benefits are amazing! HR gives more to employees every year. Great group of people to work with. Company is always improving the platform.

    Cons

    Lack of training and management availability.


  5. "Excellent place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Software Engineer in Chicago, IL
    Current Employee - Associate Software Engineer in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Envestnet (More than a year)

    Pros

    Flexibility, excellent learning environment, work life balance

    Cons

    no cons found till now

    Advice to Management

    no advice to management as everitng seems perfect


  6. Helpful (3)

    "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits - good 401k match, great health insurance (2 options), company pays gym membership for a gym in the building.
    Excellent PTO policy
    Excellent team environment
    Good pay
    Fun place to work!

    Cons

    Lack of communication internally
    Often disorganized
    Senior management is always moving on to the next big thing without successfully implementing their old ideas


  7. "Company feels small even though it is not"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Senior Management
    Current Employee - Senior Portfolio Manager in Denver, CO
    Current Employee - Senior Portfolio Manager in Denver, CO
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Envestnet is involved in all aspects of financial services. We have great technology for financial advisors at very reasonable price. Our asset management arm offers a full spectrum of investment strategies.

    Cons

    Glitches that are inevitable with new development can take far too long to clean up.

    Advice to Management

    Set aside development resources to "bat cleanup" after every development cycle. We offer so much so quickly, it is inevitable that tweaks will need to be made. Have 15-20% of developers available solely to focus on that.

  8. "Great company, great benefits, family environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Associate in Chicago, IL
    Former Employee - Client Service Associate in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Envestnet full-time (More than a year)

    Pros

    The company really cares, I was diagnosed w/a terminal illness and they did their best to accommodate my needs and were genuine in their efforts to find me a position that helped me.

    Cons

    Gossipy culture, it can seem very clique-ish at times. For the most part they do try to include you

    Advice to Management

    Dont play favorites


  9. "Proud to be part of this company with great leadership having clear vision and a team that works together as a family"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Development in Thiruvananthapuram (India)
    Current Employee - Product Development in Thiruvananthapuram (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    It is really nice to work with a true product company that nourishes creative ideas and supports the implementation of ideas with thoughtful guidance. The work culture is really professional with good empowerment and clear ownership for different levels of Managers. This explains why I am able to work for more than 12 years with many members having similar levels of long term association with the company

    Cons

    It would be challenging to keep up with all the activities happening across different teams at different geographical locations.

    Advice to Management

    It would be good to improve communication with different teams across the globe, so that all the members are fully up to speed with what is happening.


  10. Helpful (1)

    "If you're a true self-starter and hands-on, this is the place you would enjoy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Member In Engineering Division in Thiruvananthapuram (India)
    Current Employee - Senior Member In Engineering Division in Thiruvananthapuram (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    My experience at Envestnet in Engineering for last 10+ years has been refreshing always and makes me feel good with a company that believes in and trusts their employee's.

    *Opportunity - I have got the needed space and creative opportunities to grow within the organization.
    *Innovations - Innovative ideas are always welcomed by supportive leadership. You can take best out of yourself and you get good support even for individual initiatives.
    *Leadership - Great thought leaders guiding the team from front. True enablers.
    *Visibility - You have a easily approachable higher management and they keep the teams close to them.
    *Great Work Place - An environment allowing even people with less experience to get going. Leadership gives responsibility in your hands - a true recognition of your ability.

    Cons

    -Lots of learning opportunities, but very limited formal training provided. Again, advantage for those are self-motivated to learn.
    -Challenges in working closely with geographically distributed teams.
    -Large compliance requirements, that brings in more controls which sometimes affect the flexibility and agility.

    Advice to Management

    Present situation of Envestnet is very exciting and at the same time challenging. With geographically distributed teams of highly talented people, there is a need on focus for providing a much effective collaborative environment to help various teams to work together, explore and agree on outcomes by providing a common ground for moving forward.
    Keep up the great work, Continue to innovate and Attract more talents.


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