Senior Legal Counsel

Description

Senior Legal Counsel – RIA, Broker‑Dealer, and Alternative Investment Fund Matters

Job Location

Chicago, IL; Berwyn, PA; Raleigh, NC; Boston, MA.

About Envestnet

Envestnet is an adaptive WealthTech company redefining the future of wealth management by helping advisors meet the moment with comprehensive technology, actionable insights, and industry‑leading support. Backed by over 25 years of experience and approximately $7.0 trillion in platform assets, Envestnet is trusted by more than one third of financial advisors across leading banks, wealth managers, brokerages, and RIAs. For a deeper look, visit

The Team You’ll Join

Envestnet is seeking a Senior Legal Counsel to provide key legal support for RIA, broker‑dealer, and alternative investment fund matters.

How You’ll Contribute

As Senior Legal Counsel, the successful candidate will lead complex transactions and related project management, identify advantageous regulatory structures, and partner with stakeholders across the organization. The role is focused on alternative investment funds, registered investment adviser (RIA) matters, and broker‑dealer regulation, and requires comfort operating in a fast‑paced environment, advising senior leaders, and providing day‑to‑day legal guidance across the business—including fluency in fundamental AI concepts, terminology, and capabilities (e.g., how AI systems learn from data and generate predictions).

Responsibilities

• Support registered investment adviser (RIA) legal and regulatory matters, including policies and procedures, filings, examinations, and ongoing compliance guidance in partnership with Legal & Compliance.
• Advise on alternative investment funds and related securities‑law compliance.
• Advise on broker‑dealer regulatory matters and guidance on FINRA and SEC requirements.
• Draft, negotiate, and review financial technology services agreements and complex commercial transactions.
• Advise on emerging financial technology matters, including artificial intelligence (AI) potential benefits, limitations, and common applications, privacy and data analytics.
• Leverage expert knowledge of financial services regulations, privacy and data security.
• Partner with HR and business leaders on employment‑related legal issues, including onboarding/offboarding, workplace investigations support, and general employment compliance.
• Ensure that contract terms and conditions align with the company’s interests and legal and regulatory requirements.
• Serve as liaison between Legal group and business units, facilitating communication and resolution of legal issues.
• Advise on and help maintain company policies and procedures (including compliance‑related policies) and support training and awareness initiatives.
• Provide legal support in corporate structuring and mergers and acquisitions.
• Understand and support Envestnet’s established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk.
• Adhere to and apply Envestnet legal, compliance, risk, business continuity and administrative policy within the role and department(s), including the timely completion of training & awareness, affirmations and testing as requested.

What You’ll Need to Bring

• Juris Doctor from an ABA accredited law school.
• Member in good standing of a state bar.
• Excellent drafting, analytical and project management skills.
• Proven ability to understand business needs and requirements.
• Ability to effectively engage and communicate with all levels of the organization, including senior executive levels.

Nice‑to‑Haves

• 9+ years of legal experience drafting and negotiating Fintech SaaS agreements, with a focus on registered investment advisers (RIAs) and broker‑dealers.
• Experience advising on alternative investment funds (including private funds); registered investment adviser (RIA) regulatory matters; and broker‑dealer regulation.
• Experience advising on emerging technology issues, including artificial intelligence (AI), data analytics, and privacy.
• Mature judgment, critical thinking and decision‑making skills.
• Excellent organizational skills with the ability to multi‑task.

Benefits

We offer competitive, market‑aligned compensation complemented with performance‑linked incentives and rewards programs that recognize and reward impact. We provide a comprehensive suite of benefits – subject to Envestnet’s plan eligibility rules – that support your overall well‑being including medical insurance, paid time off (PTO), 401(k) company match, paid parental leave, education reimbursement, disability coverage and mental health & wellness support. Our investment in you means supporting you professionally, financially, and personally at every stage of your journey with us.

Equal Opportunity Employer

Envestnet is an Equal Opportunity Employer and is committed to creating an inclusive environment for all employees and applicants. We welcome and value individuals of all backgrounds and do not discriminate based on race, color, religion, creed, sex (including pregnancy or related medical conditions), gender identity or expression, sexual orientation, national origin, ancestry, age, disability, genetic information, military or veteran status, citizenship status, or any other status protected by applicable law. We encourage individuals from all backgrounds to apply. We strive to provide an inclusive application and interview process. If you are a candidate with a disability and require reasonable accommodation, please contact us at [emailprotected] with your full name, the title of the role you are applying for, and the accommodation necessary to assist you with the recruiting process.