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ENVESTNET, INC. - ENV STOCK NEWS

Welcome to our dedicated page for ENVESTNET news (Ticker: ENV), a resource for investors and traders seeking the latest updates and insights on ENVESTNET stock.

Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services, empowering investment advisors to optimize their practice and deliver superior client outcomes. The company's open-architecture platforms streamline the wealth management process by providing unparalleled flexibility, accuracy, performance, and value. Envestnet's solutions transform wealth management into a transparent, conflict-free, and fully-aligned standard of care.

Envestnet's flagship product, Advisor Suite®, equips financial advisors with the tools they need to enhance client outcomes and strengthen their practice. Additionally, Envestnet's Portfolio Management Consultants (PMC®) group offers institutional-quality research and advanced portfolio solutions. The Tamarac platform provides high-end RIAs with cutting-edge software for trading, rebalancing, portfolio accounting, performance reporting, and client relationship management.

In November 2015, Envestnet acquired Yodlee, a data aggregation provider, enhancing their data and analytics capabilities. The 2019 acquisition of MoneyGuidePro further expanded Envestnet's financial planning tools. Envestnet's latest achievements include the launch of the RIA Growth Lab, a consulting service aimed at helping RIAs with practice valuation, leveraging technology for actionable insights and peer benchmark grades.

Envestnet's ecosystem supports over $5.4 trillion in platform assets, with more than 107,000 advisors, 16 of the 20 largest U.S. banks, and 500 of the largest RIAs using their technology and services. The company is dedicated to transforming the delivery of financial advice by connecting daily financial decisions with long-term financial goals, helping individuals lead an Intelligent Financial Life™.

Recent developments include the celebration of the 10th anniversary of Envestnet's Quantitative Portfolios (QPs), which offer direct indexing solutions combining tax management with portfolio customization. Envestnet's robust Wealth Management Platform was also highlighted at the FSI OneVoice conference, showcasing advanced technologies that improve advisor productivity and client engagement.

For more information on Envestnet, visit their website at www.envestnet.com, or call their toll-free number at (855) 769-0806.

News

Envestnet Announces Finalists for 2024 Asset Manager of the Year Awards

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Envestnet has announced the finalists for the 2024 Asset Manager of the Year Awards, recognizing top portfolio managers for their outstanding performance in investment management. The finalists were selected based on various criteria, and the winners will be announced at the Envestnet Elevate 2024 conference.

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Envestnet to Announce First Quarter 2024 Results on May 7, 2024

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Envestnet (ENV) will release its first quarter 2024 financial results on May 7, 2024, followed by a conference call and earnings webcast to discuss the results.
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Envestnet Delivers Next-Level Billing Solutions to Intech Through Leading Wealth Management Platform

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Envestnet, Inc. announces that Intech Investment Management will leverage its Revenue Manager suite for asset managers, streamlining billing processes. Intech praises the fast implementation and advanced features of Revenue Manager, enhancing their revenue tracking and management.
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Lincoln Financial Group Introduces Side-by-Side Pooled Employer Retirement Solutions for Businesses and Not-for-Profit Organizations

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Lincoln Financial Group (NYSE:LNC) launches FlexPEP(k) and FlexPEP(b), comprehensive pooled employer plans, partnering with Smart Retirement Solutions and Envestnet to enhance retirement plan offerings for clients and attract talent.
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IFG Expands Partnership with Envestnet to Offer its Advisors Full Access to Industry's Most Connected and Scaled Wealth Management Platform

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Independent Financial Group Strengthens Partnership with Envestnet to Provide Enhanced Wealth Management Solutions for Financial Professionals
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ENVESTNET'S CONNECTED PLATFORM NAMED LEADER IN FINANCIAL PLANNING, PORTFOLIO MANAGEMENT, TAMP AND BILLING SOLUTIONS IN 2024 T3/INSIDE INFORMATION ADVISOR SOFTWARE SURVEY

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Envestnet | MoneyGuide has been recognized as the top financial planning software provider by market share for the 17th consecutive year in the 2024 T3/Inside Information Advisor Software Survey. Envestnet also excelled in categories like portfolio management, billing solutions, and trading tools, showcasing its industry-leading Wealth Management Platform.
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Envestnet Named Asset Management Platform of the Year in Wealth Solutions Report's Inaugural Wealth Exemplar Awards Program

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Envestnet | PMC wins the WSR Wealth Exemplar Award for Asset Management Platform of the Year, recognizing its significant presence in the wealth management industry with almost $347 billion on its platform. The company focuses on providing services under research, consulting, and portfolios categories, empowering advisors to deliver holistic financial advice.
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ANNOUNCING ENVESTNET ELEVATE 2024 - THE WEALTH INDUSTRY'S PREMIER EVENT SHOWCASING ENVESTNET'S INDUSTRY-LEADING, CONNECTED ECOSYSTEM POWERING GROWTH FOR 108,000 ADVISORS

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Envestnet Elevate 2024, a premier two-day event, will host 3,000 financial advisors and professionals in Phoenix, AZ. The event celebrates Envestnet's 25th anniversary with a focus on connection and showcasing their wealth management platform. Attendees can expect demos, tutorials, keynotes from industry leaders, and CE credit sessions.
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10 Years of Direct Indexing Innovation on Envestnet's Industry Leading Platform - Driving Advisor Growth and Productivity with more than $9B in Assets

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Envestnet, Inc. celebrates the 10th anniversary of its Quantitative Portfolios, becoming one of the largest direct index separately managed account providers with over $9 billion in assets. The company offers passive strategies combining tax management and customization, catering to advisor and investor needs.
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Envestnet Reports Fourth Quarter 2023 Financial Results

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Envestnet (ENV) reported financial results for the quarter and year ended December 31, 2023. Total revenue increased 8% to $317.6 million for the fourth quarter of 2023. Adjusted EBITDA rose 44% to $75.5 million. However, a net loss of $183.2 million was reported for the quarter. For the full year 2023, total revenue remained at $1.2 billion. Adjusted EBITDA increased 16% to $250.9 million.
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FAQ

What is the current stock price of ENVESTNET (ENV)?

The current stock price of ENVESTNET (ENV) is $63.14 as of November 25, 2024.

What is the market cap of ENVESTNET (ENV)?

The market cap of ENVESTNET (ENV) is approximately 3.5B.

What does Envestnet, Inc. do?

Envestnet provides unified wealth management technology and services, empowering investment advisors with tools for better client outcomes and practice management.

What is Envestnet's flagship product?

Envestnet's flagship product is the Advisor Suite®, which enhances financial advisors' ability to manage client outcomes and strengthen their practice.

Who uses Envestnet's solutions?

Over 107,000 advisors, 16 of the 20 largest U.S. banks, 500 of the largest RIAs, and many other financial services firms use Envestnet's technology and services.

What significant acquisitions has Envestnet made?

Envestnet acquired Yodlee, a data aggregation provider, in 2015 and MoneyGuidePro, a financial planning tools provider, in 2019.

What is the RIA Growth Lab?

The RIA Growth Lab is a consulting service launched by Envestnet to help RIAs with practice valuation and leveraging technology for growth and productivity.

What are Quantitative Portfolios (QPs)?

Quantitative Portfolios (QPs) are Envestnet's direct indexing solutions that blend tax management with portfolio customization, launched to offer passive investment strategies with a personalized touch.

What is Envestnet's Wealth Management Platform?

Envestnet's Wealth Management Platform provides financial advisors with integrated data, performance reporting, and advanced technologies for enhanced productivity and client engagement.

How can I contact Envestnet for more information?

You can visit Envestnet's website at www.envestnet.com or call their toll-free number at (855) 769-0806 for more information.

How does Envestnet support financial advisors?

Envestnet supports financial advisors by providing technology and solutions that enhance productivity, client engagement, and overall practice management.

What recent events has Envestnet participated in?

Envestnet recently showcased their Wealth Management Platform at the FSI OneVoice conference and celebrated the 10th anniversary of their Quantitative Portfolios.

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ENVESTNET, INC.

NYSE:ENV

ENV Rankings

#1533 Ranked by Market Cap
N/A Ranked by Dividends

ENV Stock Data

3.49B
54.66M
1.16%
96.95%
5.1%
Software - Application
Services-business Services, Nec
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United States of America
BERWYN