Envestnet 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. Its 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. 

Company Growth (employees)
Chicago, US
Size (employees)
3,197 (est)
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
Addison, US
700 16633 Dallas Pkwy
Boston, US
75 State St
Denver, US
1801 California St
New York, US
489 5th Ave
Thiruvananthapuram, IN
TC 4/2035-1 Kowdiar Post
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Envestnet Financials and Metrics

Envestnet Financials

Envestnet's revenue was reported to be $578.2 m in FY, 2016

Revenue (Q2, 2017)

167.4 m

Gross profit (Q2, 2017)

111.7 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

(6.5 m)

EBIT (Q2, 2017)

2.7 m

Market capitalization (23-Feb-2018)

2.5 b

Cash (30-Jun-2017)

27.7 m
Envestnet's current market capitalization is $2.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


242.5 m348.7 m420.9 m578.2 m

Revenue growth, %


Cost of goods sold

99 m150.1 m161.3 m180.6 m

Gross profit

143.6 m198.7 m259.6 m397.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


69.9 m78.5 m84.8 m88.6 m96.5 m102.7 m103.4 m131.8 m141.7 m149.2 m157.8 m167.4 m

Cost of goods sold

30.2 m34.4 m38 m39.1 m38.7 m42.5 m41 m40.2 m44.9 m47.3 m49.2 m55.7 m

Gross profit

39.7 m44.1 m46.9 m49.5 m57.8 m60.2 m62.3 m91.7 m96.8 m101.9 m108.6 m111.7 m

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


49.9 m209.8 m51.7 m52.6 m


7.2 m7.2 m15.2 m16.2 m

Current Assets

79.4 m242 m113.6 m113.1 m


12.8 m16.6 m28.7 m33 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


36.7 m52.6 m64.5 m105.9 m209.9 m198.9 m208.3 m36.6 m38.5 m50.7 m39.5 m27.7 m

Current Assets

66.2 m84.3 m99.7 m141.2 m260.8 m253.4 m259.2 m94.9 m111.6 m112.9 m104.4 m96.2 m


12.5 m13.3 m14.6 m16.4 m17.1 m18.3 m18.5 m27.1 m28.7 m32.6 m33.5 m34.8 m


74.3 m74.3 m74.9 m77.9 m105 m126.4 m134.8 m426.7 m423.5 m422.6 m432.3 m432.9 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


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

Accounts Payable

2.9 m(659 k)3.1 m(462 k)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.3 m2.9 m3.7 m3.8 m2.5 m2.5 m3.3 m(11 m)(18.9 m)(23 m)(13.1 m)(19.6 m)

Depreciation and Amortization

4.5 m4.4 m4.6 m4.3 m5.3 m5.7 m6.2 m16.1 m33.2 m49.9 m15.8 m31.3 m

Accounts Payable

6.7 m7.5 m5.2 m6.4 m5.2 m32 k2.6 m124 k865 k(184 k)

Cash From Operating Activities

13.8 m25.9 m51.9 m9 m35.5 m
Y, 2017

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, 2017Q2, 2017Q3, 2017


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 k57.51 k59.48 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 m6.51 m6.72 m

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$1.22 t$1.29 t

Enterprise Customers

2.5 k
Show all operating metrics

Envestnet Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
FolioDynamix January 02, 2018$195 m

Envestnet Market Value History

Envestnet Revenue Breakdown

Envestnet Median Salaries

Source: 54 public H-1B filings from Envestnet

Envestnet's Web-traffic and Trends

Envestnet Online and Social Media Presence

Envestnet News and Updates

Envestnet closes FolioDynamix buy

Envestnet said Jan. 2 that it closed its $195 million buy of FolioDynamix. The deal was announced in September. Actua Corp was the seller.

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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