The Wealth Advisor

Since the campaign trail, Main Street and Wall Street alike had been prepping for President Trump’s unprecedented (in the modern era, at least) use of tariffs as a tool in US trade and foreign policy. Market participants expected a degree of uncertainty, but as we now know, consumers and investors alike were not prepared for the breadth of the initially proposed tariffs and the erratic nature of the announcements.

 Envestnet, Inc. has entered into a definitive agreement to sell Yodlee, Inc., its open finance and data analytics subsidiary, to STG, a private equity firm focused on fueling innovative software, data, and analytics market leaders. The transaction is expected to close in the third quarter of 2025, subject to customary closing conditions.