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.

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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's (ENV) CEO Bill Crager on Q4 2020 Results - Earnings Call Transcript

Envestnet (ENV) delivered earnings and revenue surprises of 6.15% and 2.19%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Envestnet (ENV) Surpasses Q4 Earnings and Revenue Estimates

CHICAGO--(BUSINESS WIRE)--Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today reported financial results for its quarter and year ended December 31, 2020.     Three Months Ended       Year Ended     Key Financial Metrics   December 31,   %   December 31,   % (in millions except per share data)   2020   2019   Change   2020     2019     Change GAAP:                         Total revenues   $ 263.8     $ 239.9     10 %   $ 998.2

Envestnet Reports Fourth Quarter 2020 Financial Results

Envestnet (NYSE:ENV) unveils its next round of earnings this Thursday, February 25. Get prepared with Benzinga's ultimate preview for Envestnet's Q4 earnings.

A Preview Of Envestnet's Earnings

CHICAGO, Feb. 24, 2021 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces the launch of the Envestnet Trust Services Exchange, a new solution for helping Registered Investment Advisers (RIAs) and broker- dealers seamlessly utilize trust accounts to facilitate the efficient transfer of...

Envestnet Enhances Ecosystem Launching the Envestnet Trust Services Exchange

CHICAGO--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will release fourth quarter and full year 2020 financial results on Thursday, February 25, 2021 after market close. The Company will host a conference call and earnings webcast to discuss fourth quarter and full year financial results on Thursday, February 25, 2021 at 5:00pm ET. The conference call will be webcast live from the Company's investor relations website at http://ir.envestnet.com/. A replay will b

Envestnet to Announce Fourth Quarter and Full Year 2020 Results on February 25, 2021

Envestnet (ENV) continues to focus on technology development to improve operational efficiency and increase market competitiveness.

Here's Why Investors Should Hold on to Envestnet (ENV) Stock

NEW YORK and CHICAGO, Dec. 9, 2020 /PRNewswire/ -- Vestwell, the digital recordkeeping platform bringing the 401(k) and 403(b) industry into the modern Fintech era, today announced a partnership with Envestnet, Inc. (NYSE: ENV). Through this collaboration, Vestwell advisors can now access...

Vestwell Partners with Envestnet to Offer Turnkey Retirement Plan Solutions to Industry Advisors

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

Why Is Envestnet (ENV) Down 3.1% Since Last Earnings Report?

CHICAGO, Nov. 19, 2020 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announced today that its Charitable Giving Committee (Envestnet Cares) has chosen Philadelphia-based nonprofit Project HOME as its Signature Impact Partner. In selecting Project HOME (https://www.projecthome.org) for this...

Envestnet Cares Partners with Project HOME to Help Fight Poverty & Homelessness

CHICAGO--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will be participating in a fireside chat at the D.A. Davidson FinTech & Payments Spotlight Virtual Conference on Thursday, December 3, 2020. The presentation will begin at 1:30PM ET. Investors and interested parties can access this presentation by visiting the Company's investor relations website at http://ir.envestnet.com/. About Envestnet Envestnet, Inc. (NYSE: ENV) is transforming the way financial ad

Envestnet Participating in Fireside Chat at The D.A. Davidson FinTech & Payments Spotlight Virtual Conference

NEWPORT BEACH, Calif. and CHICAGO, Nov. 12, 2020 /PRNewswire/ -- RiskPro and Envestnet, Inc. (NYSE: ENV) announce an integration which will enable investment advisors to build and manage client portfolios with less regulatory risk. The strategic relationship between the two companies will...

Envestnet and RiskPro® Announce Enablement of Enterprises to Mitigate Regulatory Risk from Advisor-Directed Portfolios

CHICAGO, Nov. 11, 2020 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV) announces that Robert Coppola has joined the organization as Chief Technology Officer. Mr. Coppola reports to President Stuart DePina, and will succeed Scott Grinis, who has served as Envestnet's Chief Technology Officer...

Envestnet Appoints Robert Coppola as Chief Technology Officer

REDWOOD CITY, Calif., Nov. 9, 2020 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform for digital financial services, announced today it has appointed Jason O'Shaughnessy as the Head of International Sales. O'Shaughnessy will be...

Envestnet | Yodlee Appoints Jason O'Shaughnessy as Head of International Sales

Envestnet's (ENV) CEO Bill Crager on Q3 2020 Results - Earnings Call Transcript

Envestnet's (ENV) third-quarter 2020 earnings and revenues increase year over year.

Envestnet (ENV) Beats on Q3 Earnings, Raises Q4 & 2020 View

Envestnet (ENV) delivered earnings and revenue surprises of 20.00% and 2.52%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Envestnet (ENV) Beats Q3 Earnings and Revenue 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 and nine months ended September 30, 2020.     Three months ended       Nine months ended     Key Financial Metrics   September 30,   %   September 30,   % (in millions except per share data)   2020   2019   Change   2020   2019   Change GAAP:                         Total revenues   $ 252.6     $ 236.1     7 %   $

Envestnet Reports Third Quarter 2020 Financial Results

As the largest Turnkey Asset Management Platform by far (70% of the market by assets), Envestnet has a significant lead over peers in the space. The Pandemic should serve to accelerate the adoption of digital wealth management technologies as advisors seek to become more efficient and do more with less.

Envestnet: Leader In Wealth Management SaaS

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Envestnet (ENV) possesses 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) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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Envestnet (ENV), Booz Allen Hamilton Holding Corporation (BAH), Republic Services (RSG) and Everi Holdings (EVRI) are poised to beat on earnings this season.

5 Business Services Stocks Up for Earnings Beat This Season

Envestnet (ENV) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Envestnet (ENV) a Solid Growth Stock? 3 Reasons to Think " Yes "

CHICAGO--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will release third quarter 2020 financial results on Thursday, November 5, 2020 after market close. The Company will host a conference call and earnings webcast to discuss third quarter financial results on Thursday, November 5, 2020 at 5:00pm ET. The conference call will be webcast live from the Company's investor relations website at http://ir.envestnet.com/. A replay will be available on the investor rela

Envestnet to Announce Third Quarter 2020 Results on November 5, 2020

Envestnet (ENV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for Envestnet Stock (ENV)