Familial and some great people, operational bureaucracy and chaos. - Assistant Vice President Client Experience Service Manager Envestnet Employee Review

2.0
Jun 19, 2019
Recommend
CEO approval
Business outlook

Pros

Very familial, left with several life-long friends. Could work from home. Chicago office is very social. #1 advisor platform in industry by assets (> $1T) = job security, decent opportunity.

Cons

Lack of diversity in most of the company, lack of adequate training, cannot maintain/acquire great talent, growing inorganically (constant acquisitions) resulting in increased bureaucracy, lack of clear company culture, and constant pressure to assimilate new technologies. In 2018 more than half of the relationship managers were forced into a client experience role. I was so miserable that I left without having a job lined up, and was the third person to quit in three weeks. Management made completely false statements about what the job would entail, we were increasingly relegated to mundane and repetitive operational tasks, and everyone was highly overworked and stressed. Envestnet has consistently struggled to handle its own growth, with every client-facing role that I held over 5 years feeling increasingly chaotic. Client-facing teams grew exponentially while internal teams that supported them saw little to no growth or change to their processes, making every interaction with internal partners feel like pulling teeth to get anything done. There are bottleneck individuals throughout the company that are either incompetent or downright angry, several of whom we were completely dependent on to get things done.

Explore other reviews about Envestnet

5.0
Jun 18, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great culture and team. The new management is really good and are invested in our growth and lots of investment in technology and product. I see a lot of opportunities to grow.

Cons

Keeping the Chicago office would have been nice, understand most of the employee choose to work remote and no one is going to office that often.

4.0
Jun 19, 2026
Recommend
CEO approval
Business outlook

Pros

Great work life balance, good benefits, the senior leadership has a solid growth plan. Overall good company with great people.

Cons

It’s seems that some of the more tenured people and leaders don’t want to evolve to support growth and shift in company culture. This can be demotivating.

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