Craft

Envestnet

Stock Price

$51.1

2024-01-31

Market Capitalization

$2.8 B

2024-01-31

Revenue

$1.2 B

FY, 2022

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 Tamarac, trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; MoneyGuide, financial planning solutions to the financial services industry; Redi2, revenue management and hosted fee-billing solutions; etc. The Envestnet Data and Analytics segment provides a data aggregation, data intelligence, and experiences platform.
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

  • Bill Crager

    Bill Crager, Co-Founder, Chief Executive Officer and Director

  • Pete D'Arrigo

    Pete D'Arrigo, Chief Financial Officer

  • Josh Mayer

    Josh Mayer, Chief Operating Officer

  • Shelly O'Brien

    Shelly O'Brien, Chief Legal Officer, General Counsel, and Corporate Secretary

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, 2023)
$316.8M
Gross profit (Q3, 2023)
$197.3M
Net income (Q3, 2023)
$5.1M
Cash (Q3, 2023)
$43.2M
EBIT (Q3, 2023)
$601.0K
Enterprise value
$3.6B

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