Envestnet

Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through the following segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data & Analytics segment provides data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg, William C. Crager, and Brandon Rockwell Thomas in 1999 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q4 2024

Envestnet reports robust Q4 results, eyes margin expansion in 2023

Envestnet showcased resilience in Q4 2022 with strong financial performance and strategic investments driving growth.
The company's focus on modernization, efficiency, and high-margin services positions it well for future profitability.
Challenges in research business and managing costs are acknowledged, with opportunities in data business and revenue growth strategies.
Envestnet's outlook for 2023 includes margin expansion and continued progress towards long-term financial targets.

Envestnet reports strong Q1 results, eyes growth through partnerships and AI

Envestnet's Q1 performance reflects strength in organic asset growth and market positioning. Challenges in the data business and onboarding delays require strategic focus. Opportunities lie in partnerships, AI utilization, and adapting to industry shifts for continued growth.

Envestnet reports solid Q2 earnings, eyes margin expansion opportunities

Envestnet's Q2 2023 performance reflects strong financials, growth in assets under management, and a focus on expense management.
The company's strategic strengths lie in its integrated ecosystem investments, higher-margin solutions, and partnerships driving revenue growth.
While facing challenges in certain business segments, Envestnet is leveraging opportunities for margin expansion, cross-selling, and new revenue streams.

Envestnet delivers solid Q3 results, eyes growth through partnerships

Envestnet's Q3 performance reflects financial strength and strategic focus on client engagement and revenue diversification. Challenges include managing fee rate dynamics and revenue mix shifts. Opportunities exist in subscription revenue growth and expanding client relationships.

Envestnet exceeds Q4 expectations, poised for growth in 2024

Envestnet's strong financial performance in Q4 2023 and full year positions the company well for continued growth in 2024.
Challenges in the data and analytics segment are being addressed through revenue stabilization efforts and new product launches.
Opportunities lie in deepening client relationships, industry leadership, and strategic partnerships for sustained growth.

Envestnet reports strong Q1 earnings, focuses on growth strategies

Envestnet's Q1 2024 earnings call showcased robust financials, strategic positioning for growth, and a focus on client and shareholder value.
The company's strengths lie in its leading Wealth Management platform, commitment to financial discipline, and innovative pricing strategies.
Challenges include reorienting the Data and Analytics business and managing fee rates amidst AUM growth, while opportunities exist in client engagement and revenue expansion.

Envestnet reports robust Q2 earnings, eyes growth amid pending acquisition

Envestnet delivered strong financial performance in Q2 2024, driven by revenue growth and increased adviser count.
The pending acquisition by Bain Capital and solid free cash flow generation position the company for future growth.
Challenges include managing expenses and addressing noncash items impacting financial results.
Opportunities lie in potential synergies from the acquisition, expanding adviser base, and leveraging data capabilities for innovation.

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Envestnet, Inc. engages in the provision of intelligent systems for wealth management and financial wellness. It operates through Envestnet Wealth Solutions and Envestnet Data and Analytics segments. The Envestnet Wealth Solutions segment provides unified wealth management software and services to empower financial advisors and institutions. The Envestnet Data and Analytics segment is involved in data aggregation and a data analytics platform powering dynamic, cloud-based innovation for digital financial services. The company was founded by Judson Taft Bergman, James Winfield Lumberg, William C. Crager, and Brandon Rockwell Thomas in 1999 and is headquartered in Berwyn, PA.

Envestnet (ENV) delivered earnings and revenue surprises of 4.92% and 0.58%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Envestnet (ENV) Q1 Earnings and Revenues Top Estimates

CHICAGO--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for the three months ended March 31, 2021.     Three months ended     Key Financial Metrics   March 31,   % (in millions except per share data)   2021   2020   Change GAAP:             Total revenues   $ 275.1     $ 246.5     12% Net income (loss)   $ 14.9     $ (7.2)     n/m Net income (loss) per diluted share attributable to

Envestnet Reports First Quarter 2021 Financial Results

MIAMI--(BUSINESS WIRE)---- $ENV #Envestnet--May the 4th Be With You.

Potomac's Model Portfolios Attain Meteoric Asset Growth

Envestnet (ENV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Envestnet (ENV) Reports Next Week: Wall Street Expects Earnings Growth

CHICAGO--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will release first quarter 2021 financial results on Thursday, May 6, 2021 after market close. The Company will host a conference call and earnings webcast to discuss first quarter 2021 financial results on Thursday, May 6, 2021 at 5:00pm ET. The conference call will be webcast live from the Company's investor relations website at https://investor.envestnet.com/. A replay will be available on the investor re

Envestnet to Announce First Quarter 2021 Results on May 6, 2021

CHICAGO, April 22, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Envestnet | PMC (PMC) has launched an environmental, social, and governance (ESG) due diligence program to enhance its existing proprietary due diligence framework—and enable its research team to hold more meaningful conversations with asset managers throughout the Envestnet ecosystem about ESG investment processes and strategies. This additional level of research and due diligence from PMC is ultimately designed to help financial advisors and their clients make well-informed ESG investment decisions.

Envestnet | PMC Launches Enhanced ESG Due Diligence Framework

RICHMOND, Va., April 20, 2021 /PRNewswire/ -- Envestnet | MoneyGuide today announced a partnership with Oyster Consulting to offer paraplanning services to mutual clients.

Envestnet | MoneyGuide and Oyster Consulting Collaborate to Help More Firms, Advisors Offer Financial Planning Services

CHICAGO, April 15, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Chris Shutler, CFA, has joined the firm as Head of Market Intelligence. In this role, he will provide timely information and insights for helping Envestnet shape opportunities for achieving its strategic roadmap.

Chris Shutler, CFA, Joins Envestnet as Head of Market Intelligence

ORLANDO, Fla., April 14, 2021 /PRNewswire/ --  Abe.ai  (an Envestnet | Yodlee solution), a leader in AI-powered virtual assistant products for financial institutions and Lumin  Digital  (a PSCU company), a leading provider of online and mobile digital banking solutions, today announced a multi-year partnership that allows Lumin to offer Abe's fully-integrated Virtual Financial Assistant (VFA) to its clients.

Abe.ai And Lumin Digital Announce Digital Banking Partnership

CHICAGO, April 13, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced today that it has expanded its partnership with Practifi, the business management platform powering high-performing financial advice firms around the world through solutions in automated workflows and unified data. Under the strengthened relationship, Practifi and Envestnet's unified advice platform are now fully integrated.

Envestnet Expands Partnership with Practifi, Widening Integration to Reach More Advisors via Leading Unified Advice Platform

The buyout is expected to strengthen Envestnet's (ENV) capabilities as an enabler of embedded finance.

Envestnet (ENV) Buys Harvest Savings & Wealth Technologies

Envestnet Inc (NYSE: ENV) has acquired fintech innovator Harvest Savings & Wealth Technologies. The financial terms of the transaction were not disclosed.

Envestnet Acquires Harvest Savings & Wealth Technologies For Undisclosed Sum

CHICAGO, April 8, 2021 /PRNewswire/ -- Envestnet (NYSE: ENV) announced today it has acquired fintech innovator Harvest Savings & Wealth Technologies, which provides automated goals-based saving tools and wealth solutions to banks, credit unions, trust companies, and other financial institutions. "We are striving to empower intelligent, connected financial lives, creating a holistic view for investments, banking, or savings account balances.

Envestnet Acquires Harvest Savings & Wealth Technologies

CHICAGO, March 30, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Envestnet | PMC (PMC) has launched Private Wealth Consulting, a new white-glove offering that allows financial advisors to meet the investment management needs of high-net-worth clients, while also strengthening client engagement and relationships. Private Wealth Consulting strengthens the full breadth of PMC's high-net-worth servicing capabilities with custom discretionary portfolio construction that includes tax and impact overlay options.

Envestnet | PMC's Private Wealth Consulting Service Enables Advisors to Outsource Portfolio Management for High-Net-Worth Clients

RICHMOND, Va., March 29, 2021 /PRNewswire/ -- Envestnet | MoneyGuide announced the launch of two new blocks – the Spend vs.

Envestnet | MoneyGuide Launches 'Spend vs. Borrow' and 'Mortgage Refinance' Blocks to Enhance Ongoing Advisor-Client Conversations

Envestnet (ENV) reported earnings 30 days ago. What's next for the stock?

Why Is Envestnet (ENV) Down 7% Since Last Earnings Report?

CHICAGO, March 25, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that BOK Financial (NASDAQ: BOKF) has joined the Envestnet Trust Services Exchange, powered by Trucendent, in a partnership aimed at providing financial advisors and their clients with access to a nationally chartered, advisor-friendly trust company with a broad array of services. The Envestnet Trust Services Exchange was created through partnership with Trucendent, a provider of tools and solutions for enabling advisors to strengthen their understanding and use of trusts in estate planning.

BOK Financial Advisor Trust Services Now Available as Embedded Offering via Envestnet Trust Services Exchange

CHICAGO, March 24, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that four experienced industry professionals have joined the firm. The new additions constitute the latest milestone in the ongoing growth and unification of Envestnet's financial wellness ecosystem.

Envestnet Adds Industry Veterans to its Executive & Leadership Teams

BERWYN, Pa., March 23, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) and Fiduciary Exchange LLC (FIDx), the only retirement platform representing a single point of connectivity between insurance products and broad financial advisor distribution, today announced another leading insurance carrier, Great American Life Insurance Company®, has joined the fold.

FIDx Announces New Partnership with Great American Life, Increasing Access to Industry Leading Annuity Products

CHICAGO, March 17, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced today that its Variable Annuity Program is being expanded to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx). This innovation provides access to all types of annuities, enabling advisors to deliver fully integrated advice within Envestnet's financial wellness ecosystem.

Envestnet Expands Variable Annuity Program on Envestnet Insurance Exchange

Envestnet Inc (NYSE: ENV) announced the acquisition of technology from Apprise Labs. The financial terms of the transaction were not disclosed.

Envestnet Acquires Client Portal Technology Solutions From Apprise Labs

CHICAGO, March 16, 2021 /PRNewswire/ -- Envestnet (NYSE: ENV) announced today it has acquired technology from Apprise Labs to advance Envestnet's roadmap to deliver a reimagined client portal experience that will focus on helping clients achieve financial wellness through deeper connections with their advisors. The deal also includes the acquisition of cash flow planning and advanced estate planning solutions that will enhance Envestnet | MoneyGuide's robust financial planning ecosystem.

Envestnet Enhances Client Portal Experience with Acquisition of Technology Solutions from Apprise Labs

COLUMBUS, Ohio and RICHMOND, Va., March 15, 2021 /PRNewswire/ -- Nearly three in four (72%) investors said the pandemic has negatively impacted their ability to retire, according to Nationwide's sixth annual Advisor Authority Study, powered by the Nationwide Retirement Institute.

Nationwide and Envestnet | MoneyGuide Join Forces to Help Advisors Incorporate Income Solutions into a Financial Plan

Envestnet (ENV) fourth-quarter 2020 earnings and revenues increase year over year.

Envestnet (ENV) Stock Down 12.4% Despite Q4 Earnings Beat

SAN MATEO, Calif., March 2, 2021 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services announced today it is partnering with Productfy, a developer-focused...

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