{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"iAltA's Bill Crager - from building Envestnet to a \"transformational moment\" in wealth management","html":"","width":"100%","height":180,"duration":3228,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s interview is with a wealth management entrepreneur who created one of the most consequential wealth management technology companies that has helped to shape the industry into what it is today.\nBill Crager is the Co-Founder of Envestnet, which he and his co-founder, the late Jud Bergman, grew into a public company. Bill was the CEO of Envestnet during the company’s time as both a public company and following Bain Capital’s acquisition to take the company private for $4.5B.\nBill is now back at it again, joining iAltA Holdings as a Founding Partner to build a suite of businesses at the intersection of private markets and private wealth management infrastructure alongside former Ipreo CEO Scott Ganeles, former Ipreo Executive Bill Sherman, and former Blackstone CFO and WestCap Founder Laurence Tosi.\nBill and I had a fascinating conversation about wealth management and private markets. We covered:\nThe evolution of wealthtech.\nWhat advisors are looking for when it comes to technology.\nHow technology can help advisors deliver a high-quality experience to clients.\nWhy private markets are now playing such a big role in the business of wealth management.\nWhat is missing in private markets infrastructure.\nThe role of AI in financial planning.\nWhy Bill wanted to go back to building again.\nWhat is in store for iAltA.\nThanks Bill for sharing your wisdom and expertise on private wealth and private markets.\n\nShow Notes\n00:00 Introduction to Early Technology\n00:12 Sponsorship Message from Ultimus\n02:09 Welcome to the Alt Goes Mainstream Podcast\n02:12 Introduction to Bill Crager\n04:19 Building Envestnet and Early Challenges\n05:06 Evolution of Wealth Management\n07:00 Adoption of Technology in Wealth Management\n08:39 Private Equity's Role in Wealth Management\n10:17 Horizontal vs. Vertical Solutions\n14:11 Challenges in Wealth Management Technology\n16:22 Data and Technology in Wealth Management\n22:41 Customization and Future of...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}