The Oracle, Envestnet, Nitrogen, and more | Industry Gossip (E26)

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• Eric Clarke Retires
• Three Joe Duran acolytes start “not United Capital 2.0” without him
• Envestnet will roll out RIA custody by 2024, predicting 15-basis-point margins
• InvestCloud CEO John Wise and management team ousted
• Riskalyze rebrands as Nitrogen

Timestamps:
00:27 – Eric Clarke Announced his Retirement
02:39 – Three Joe Duran acolytes start “not United Capital 2.0” without him
04:29 – Envestnet will roll out RIA custody by 2024, predicting 15-basis-point margins
06:33– InvestCloud CEO John Wise and management team ousted
08:12 – Riskalyze rebrands as Nitrogen
11:13 - Disclosures

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