Envestnet appoints Jonathan Linstra as chief growth officer to drive long-term value creation in a dual growth leadership model. Linstra brings over 25 years of experience in revenue and distribution from Morningstar. CEO Chris Todd emphasizes the importance of aligning offerings and strategy for disciplined execution.

Envestnet commits $1 billion in product investment over five years to expand managed accounts capabilities. The company enhances its UMA platform with advisor-traded sleeves, flexible householding, alternatives, and portfolio management. Linstra emphasizes the importance of alignment in the next phase for success.

Chief Relationship Officer Andrew Stavaridis focuses on sharpening client segmentation and strengthening engagement with home offices and advisors. Envestnet manages $7.0 trillion in platform assets, serving over one-third of all financial advisors in various sectors.

Read more at Yahoo Finance: Envestnet Names Jonathan Linstra Chief Growth Officer