Envestnet

Envestnet, Inc. (NYSE: ENV) is a leading provider of integrated technology, intelligent data and wealth solutions for financial advisors and institutions. Founded in 1999 and headquartered in Berwyn, Pennsylvania, Envestnet serves over 108,000 financial advisors across more than 5,000 companies, including 16 of the 20 largest US banks and 48 of the 50 largest wealth management and brokerage firms. As of December 2023, the company had USD 5.8 trillion in platform assets.

Envestnet offers a comprehensive ecosystem of connected technology, solutions and intelligence to empower financial advisors. Its key products and services include:

• Financial planning software through Envestnet | MoneyGuide

• Portfolio management and reporting tools via Envestnet | Tamarac

• Data aggregation and analytics capabilities from Envestnet | Yodlee

• Turnkey asset management platform (TAMP) services

• Wealth management technology platforms and solutions

Envestnet has partnered with FNZ to explore developing an RIA custodian platform, aiming to launch in late 2023. The company has also expanded into the retirement plan space through a partnership with Empower. Envestnet continues to focus on enhancing its digital capabilities, including improvements to its client portal and advisor dashboard, as well as leveraging AI and data analytics to provide personalized insights and next-best-action recommendations for advisors.