The deal for the Massachusetts firm marks the 59th acquisition for Raleigh, North Carolina-based Captrust.
The partnership with Valeas Capital Partners follows a 2020 partnership with Kudu Investment Management. Sequoia remains majority employee-owned.
The free, anonymous assessment takes about 20 minutes to complete, and Envestnet is building a comprehensive database from the findings.
The appeal of the old-school fund wrapper is taking a big hit as investors and advisers move to the sidelines.
The wealth management group attracted $65 billion in net new asset during the quarter, pushing the total this year to $260 billion.
Pilot program marks the first time mutual fund and ETF investors have been asked their opinions on proxy matters.
Client-level investment management is gradually going the way of white tennis balls as asset management becomes increasingly commoditized.
While there are techniques galore for recruiting new clients, it all comes down to hustle and hard work.
Financial advisers are adding value by finding higher yields for clients' cash balances.
The presidential pardon for those with marijuana convictions was interpreted as a step toward federal decriminalization and sparked a rally in funds offering exposure to cannabis companies.
