Craft

Envestnet

Stock Price

$62.8

2024-10-29

Market Capitalization

$3.5 B

2024-10-29

Revenue

$1.2 B

FY, 2023

Envestnet Summary

Company Summary

Overview
Envestnet is a provider of intelligent systems for wealth management and financial wellness. It operates through two business segments: Envestnet Wealth Solutions and Envestnet Data and Analytics. The Envestnet Wealth Solutions segment provides wealth management software, services, and solutions for financial advisors and institutions. The Envestnet Data and Analytics segment provides data aggregation, data intelligence, and experience tools for financial institutions, fintech companies, and market investment research firms.
Type
Public
Status
Active
Founded
1999
HQ
Berwyn, PA, US | view all locations
Website
https://www.envestnet.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Rich Aneser

    Rich Aneser, Chief Strategy Officer

  • Sharon Rosenthal

    Sharon Rosenthal, Chief Human Resources Officer

  • Farouk Ferchichi

    Farouk Ferchichi, Group President, Envestnet Data and Analytics

  • Tom Sipp

    Tom Sipp, Executive Vice President, Business Lines

Operating MetricsView all

Advisors

105.5K
2.8%

FY, 2022

Platform Accounts

18.3M
4.5%

FY, 2022

Platform Assets

$5.1T
11.0%

FY, 2022

LocationsView all

11 locations detected

  • Berwyn, PA HQ

    United States

    1000 Chesterbrook Blvd, Suite 250

  • Boston, MA

    United States

    205 Portland St Suite 202

  • Denver, CO

    United States

    1801 California St

  • Powhatan, VA

    United States

    1588 Oakbridge Terrace

  • Raleigh, NC

    United States

    621 Hillsborough St

  • San Mateo, CA

    United States

    999 Baker Way #100

and 5 others

Envestnet Financials

Summary Financials

Revenue (Q3, 2024)
$345.9M
Gross profit (Q3, 2024)
$209.5M
Net income (Q3, 2024)
($1.7M)
Cash (Q3, 2024)
$193.4M
EBIT (Q3, 2024)
$7.0M
Enterprise value
$4.3B

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