The provider of wealth management technology has announced the addition of Luis Aguilar and Gayle Crowell to its board of directors as well as the resignation of Cynthia Egan and retirement of Yves Sisteron.

Envestnet has appointed Luis Aguilar and Gayle Crowell to its board of directors and as members of the nominating and governance committee, and compensation committee, respectively.

Aguilar was a commissioner of the US Securities and Exchange Commission from July 2008 through his retirement in December 2015. Before that, he was a partner at the international law firm McKenna Long & Aldridge (which subsequently merged with Dentons US), specializing in corporate and securities law.

He has also worked at Invesco, where, among other roles, he was managing director for Latin America and president of one of the firm's broker-dealers. He began his legal career as an attorney at the SEC.

Crowell has served as an operational business consultant for the private equity firm Warburg Pincus since June 2001. She served as lead independent director of Yodlee since March 2014 and as a member of the Yodlee board of directors from July 2002 up until when it was acquired by Envestnet.

She currently serves on the board of directors of MercuryGate International, a cloud-based transportation management system technology provider, as well as Dude Solutions, a provider of facilities maintenance software.

In other moves, Envestnet announced the resignation of Cynthia Egan from the board of directors and the pending retirement of Yves Sisteron when his term expires in May. In turn, the firm announced the appointment of Gregory Smith as chairman of the audit committee and James Fox as chairman of the compensation committee, to replace Egan.