Fox said Crager has been a driving force of the company since co-founding it with Bergmann. “They have established the vision for our company and Bill has led the charge in the ongoing expansion of the firm’s innovative financial wellness network. He is an inspirational leader who set the bar for our quality client solutions and services,” he said. “Bill also built a strong and experienced management team and we're confident in their ability to continue to execute our strategy. On behalf of the Board and the entire company, we want to thank Bill for all he has done for Envestnet as CEO and his continuing partnership.”

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