Envestnet has appointed Jonathan Linstra as its first Chief Growth Officer, creating a new executive role that the company says formalizes the next step in a broader strategic evolution aimed at driving long-term value creation. Linstra will report to CEO Chris Todd and lead growth priorities across sales execution, revenue generation, and advisor engagement, with a mandate to unify the distribution strategy, strengthen pipeline discipline, and tighten go-to-market execution across Envestnet’s enterprise business and its Tamarac and MoneyGuide platforms.
The move is designed around what Envestnet describes as a dual growth leadership model, pairing scalable distribution leadership with an expanded enterprise and RIA relationship management function. That client relationship organization remains under Andrew Stavaridis, the company’s Chief Relationship Officer, who continues to report to Todd and is tasked with driving expansion and revenue growth from Envestnet’s existing client base. Envestnet said Stavaridis has been leading work to sharpen client segmentation and refine go-to-market priorities, and that he is advancing an integrated client success structure that aligns account executives and key account managers under a newly unified model to improve collaboration and client outcomes.
Envestnet framed the leadership changes as a response to the wealthtech sector’s shift toward more complex client needs, higher expectations for personalization at scale, and demand for tightly integrated platforms that help advisors deliver comprehensive, outcomes-driven advice.
The company said it has spent the past year narrowing its strategic focus through expanded managed accounts capabilities across broker-dealers and RIAs, continued development of its UMA platform with features including advisor-traded sleeves, flexible householding, alternatives, and enhanced portfolio management, and the delivery of trading, reporting, and managed accounts solutions built for modern advisory firms. It also said it is committing $1 billion in product investment over the next five years and building an integrated roadmap across planning, trading, reporting, and portfolio construction that reflects how advisors work.
Linstra brings more than 25 years of experience in distribution and advisor engagement, most recently serving as managing director of the Americas at Morningstar Wealth, where he oversaw revenue generation and distribution for the firm’s investment management business. He previously held senior roles at State Street Global Advisors, including managing director and head of ETF model portfolios and advised solutions, and earlier held leadership positions at Janus Henderson Investors, Rydex Investments, Curian Capita,l and Van Kampen Investments.
KEY QUOTES
“The creation of the Chief Growth Officer role alongside the Chief Relationship Officer role reflects Envestnet’s evolution as the market opportunity expands. Jonathan is a proven growth leader who understands how to scale distribution, align offerings to advisor behavior and enterprise priorities, and translate strategy into disciplined execution. His leadership strengthens our ability to drive sustained, repeatable growth.”
“In parallel, Andrew’s leadership has been instrumental in positioning Envestnet for this moment. He led the work to sharpen our client segmentation, strengthen engagement with home offices and advisors, and define the go-to-market and priority sales motions that underpin our strategy today. Andrew remains the senior voice and trusted partner for our largest clients, and his role will continue to expand as we deepen those enterprise and RIA relationships.”
Chris Todd, Chief Executive Officer, Envestnet
“Envestnet sits at the center of the wealth management value chain. Winning in this next phase is about alignment, not accumulation, aligning people, platforms, and go-to-market execution around how advisors and clients actually work. My focus is on helping advisors scale faster, operate more efficiently, and turn Envestnet’s platform strength into consistent, repeatable results.”
Jonathan Linstra, Chief Growth Officer, Envestnet
“Over the past year, we’ve done the hard work to define where Envestnet creates the most value for our clients. By sharpening our segmentation, strengthening engagement with home offices and advisors, and focusing on our most strategic customers, we’ve built a strong foundation. I’m excited about the investment Envestnet is making in how we support our most important clients and the enduring value we can deliver together.”
Andrew Stavaridis, Chief Relationship Officer, Envestnet
