Source: Reuters

FDx: BRIEF-Envestnet to acquire FolioDynamix

* Envestnet Inc - ‍envestnet will acquire FolioDynamix in a cash transaction for $195 million

Est. Annual Revenue

$25-100M

Est. Employees

25-100

Chairman & CEO

Joseph Mrak

CEO Approval Rating

80/100

FolioDynamix is a cloud-based wealth management company that offers scalable and customizable investment management tools for financial advisors.