Envestnet, Inc. is a provider of unified wealth management technology and services to investment advisors. The Company's open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance, and value. Envestnet solutions enable the transformation of wealth management into a transparent, conflict-free and fully-aligned standard of care, and empower advisors to deliver better results. Envestnet's Advisor Suite software empowers financial advisors to better manage client outcomes and strengthen their practice.

Company Growth (employees)
Type
Public
HQ
Chicago, US
Founded
1999
Size (employees)
3,197 (est)+20%
Envestnet was founded in 1999 and is headquartered in Chicago, US

Envestnet Office Locations

Envestnet has offices in Chicago, Boston, Addison, Denver and in 7 other locations
Chicago, US (HQ)
35 E Upper Wacker Dr
Tucson, US
620 5151 E Broadway Blvd
Thiruvananthapuram, IN
TC 4/2035-1 Kowdiar Post
Sunnyvale, US
306 150 Mathilda Pl
Seattle, US
701 5th Ave
Raleigh, US
1500 One Bank of America Plaza 421 Fayetteville St
Show all (11)

Envestnet Financials and Metrics

Envestnet Financials

Envestnet's revenue was reported to be $157.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

157.8 m

Gross profit (Q1, 2017)

108.6 m

Gross profit margin (Q1, 2017), %

69%

Net income (Q1, 2017)

(13.1 m)

EBIT (Q1, 2017)

(3.4 m)

Market capitalization (19-Oct-2017)

2.3 b

Cash (31-Mar-2017)

39.5 m
Envestnet's current market capitalization is $2.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

242.5 m348.7 m420.9 m578.2 m

Revenue growth, %

44%21%37%

Cost of goods sold

99 m150.1 m161.3 m180.6 m

Gross profit

143.6 m198.7 m259.6 m397.6 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

84.8 m88.6 m96.5 m102.7 m103.4 m131.8 m141.7 m149.2 m157.8 m

Cost of goods sold

38 m39.1 m38.7 m42.5 m41 m40.2 m44.9 m47.3 m49.2 m

Gross profit

46.9 m49.5 m57.8 m60.2 m62.3 m91.7 m96.8 m101.9 m108.6 m

Gross profit Margin, %

55%56%60%59%60%70%68%68%69%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

49.9 m209.8 m51.7 m52.6 m

Inventories

7.2 m7.2 m15.2 m16.2 m

Current Assets

79.4 m242 m113.6 m113.1 m

PP&E

12.8 m16.6 m28.7 m33 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

64.5 m105.9 m209.9 m198.9 m208.3 m36.6 m38.5 m50.7 m39.5 m

Current Assets

99.7 m141.2 m260.8 m253.4 m259.2 m94.9 m111.6 m112.9 m104.4 m

PP&E

14.6 m16.4 m17.1 m18.3 m18.5 m27.1 m28.7 m32.6 m33.5 m

Goodwill

74.9 m77.9 m105 m126.4 m134.8 m426.7 m423.5 m422.6 m432.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

3.7 m14 m4.4 m(55.6 m)

Depreciation and Amortization

15.3 m18.7 m28 m64 m

Inventories

(1.1 m)9.7 m14.7 m(3.3 m)

Accounts Payable

2.9 m(659 k)3.1 m(462 k)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.7 m3.8 m2.5 m2.5 m3.3 m(11 m)(7.9 m)(4.1 m)(13.1 m)

Depreciation and Amortization

4.6 m4.3 m5.3 m5.7 m6.2 m16.1 m17.1 m16.7 m15.8 m

Accounts Payable

6.7 m7.5 m5.2 m6.4 m5.2 m10.4 m15.9 m10.5 m12.6 m
USDY, 2017

Revenue/Employee

53.8 k

Financial Leverage

2.1 x
Show all financial metrics

Envestnet Operating Metrics

Envestnet's Users was reported to be 22 m in FY, 2016, which is a 3% increase from the previous period. Envestnet's Enterprise Customers was reported to be 2.5 k in FY, 2016
FY, 2011FY, 2012FY, 2013Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

Platform Assets

$140 b$368 b$537 b$572.47 b$621.93 b$667.74 b$713 b$749.17 b$792.52 b$788.56 b$852 b$880.01 b$1 t$1.09 t$1.1 t$1.13 t

Advisors

19.6 k16.09 k30.63 k32.39 k33.53 k36.15 k40.24 k41.33 k42.41 k43.59 k47.33 k49.39 k51.15 k52.05 k54.34 k55.14 k

Platform Accounts

929 k1.68 m2.24 m2.35 m2.5 m2.73 m2.86 m2.98 m3.07 m3.2 m3.47 m3.64 m5.74 m5.88 m6.1 m5.82 m

Users

18.4 m21.3 m22 m
Show all operating metrics

Envestnet Market Value History

Envestnet Revenue Breakdown

Envestnet Job Categories

Envestnet Median Salaries

Source: 54 public H-1B filings from Envestnet

Traffic Overview of Envestnet

Envestnet Online and Social Media Presence

Envestnet News and Updates

Envestnet to buy FolioDynamix for $195 mln

Envestnet said Sept. 25 that it will buy FolioDynamix for $195 million. Actua Corp is the seller. FolioDynamix, of Secaucus, New Jersey, provides financial institutions, registered investment advisors, and other wealth management clients with technology software. J.P. Morgan Securities LLC provided …

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Envestnet Company Life and Culture

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