Scammers have attempted to use the Envestnet name and logo on the Internet, social media, and streaming sites for fraudulent purposes. In some cases, they are trying to trick users into downloading a mobile app that looks like an opportunity to make money, but actually installs malware on the device. If you see an ad offering investment opportunities always use extreme caution and always verify the authenticity of any such service.
To avoid falling prey to a scam using the Envestnet brand, remember:
- Envestnet does not offer investment services or provide any wealth management solutions anywhere on our public-facing websites.
- Envestnet never sends emails that require you to tell us your personal information directly in the email.
- Advertisements, unsolicited offers, or proposals communicated through social media, email, or written correspondence promoting rewarding cash opportunities that purport to come from Envestnet are most likely fraudulent.
How to Protect Yourself
Use the following tips to help protect yourself from scams.
- Do not give out your personal information in response to an unsolicited request.
- Remember that hackers use unsolicited communications to conduct “phishing” attacks that try to trick you into sharing personal, financial, or other valuable information with them. If you aren’t certain of where an online communication comes from, do not transfer money to them, share personal or financial information with them, click links or open attachments in the communication, or respond to the message in any way.
- Don't click on or respond to online ads or websites offering a deal that sounds too good to be true. If it sounds too good to believe, it probably is.
- Type in or bookmark web addresses you visit frequently to avoid being redirected to fraudulent sites. Do not click on links in online communications that you did not directly request from a company or that look suspicious.
- If you think you may have fallen victim to a scam, contact your financial institution immediately to protect your accounts.
For more information, see the following sources: