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Envestment (ENV) purchases Wealth Management Solutions from Prudential Financial (PRU) in a deal...

Envestment (ENV) purchases Wealth Management Solutions from Prudential Financial (PRU) in a deal worth up to $33M. The unit administers $22B on behalf of institutional clients. SA Pro's Alan Brochstein 3 months and 33% ago spotted a good entry point in the fast-growing firm. (PR)
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