STOCK TITAN
  1. Home
  2. News
  3. ENV

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 to Participate in the D.A. Davidson Technology Summit

Rhea-AI Summary
Envestnet, Inc. (NYSE: ENV) to Participate in D.A. Davidson Technology Summit Fireside Chat on November 16, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.92%
Tags
conferences
-
News

Envestnet Reports Third Quarter 2023 Financial Results

Rhea-AI Summary
ENV: Envestnet Reports 3% Increase in Total Revenue for Q3 2023, Adjusted EBITDA Up 26% - Envestnet (NYSE: ENV) reported a 3% increase in total revenue to $316.8 million for the third quarter of 2023. Adjusted EBITDA increased by 26% to $67.2 million. Asset-based recurring revenue increased by 9%, while subscription-based recurring revenue decreased by 7%. The company's CEO highlighted a structurally higher margin and extended competitive position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.67%
Tags
earnings
-
News

Morningstar Investment Management & Envestnet Team Up to Deliver Personalized IRAs

Rhea-AI Summary
Morningstar Retirement and Envestnet are partnering to launch a managed accounts service for Individual Retirement Accounts (IRA) powered by IRALOGIX. The service will offer personalized investment advice on IRAs, combining Envestnet's fund selection and model portfolio-building capabilities with Morningstar Retirement's managed accounts methodology. It will be custodied by Matrix and is expected to launch in Q1 2024. The IRA product(s) will have no minimum account size requirements, making it accessible to those with low balances.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.69%
Tags
none
News

Advisor Credit Exchange Announces New Executive Leadership Appointments

Rhea-AI Summary
ACE announces leadership changes with J.P. Connellan as CEO and Melanie Warner as COO and Head of Business Development. Former CEO Peter Stanton steps down and remains as strategic advisor. Connellan and Warner previously held senior positions at UBS and helped launch a strategic initiative between UBS and ACE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.56%
Tags
none
-
News

Envestnet Launches Embedded Investing Solution, helping Financial Institutions Meet the Demand for Banking Apps that Address more Components of a Customer's Financial Life

Rhea-AI Summary
Envestnet announces partnership with Central Bank to offer embedded digital investing experience for online and mobile bank users. Envestnet's solution allows banks and financial advisors to offer investing solutions within their own apps and websites. Central Bank is the first to leverage this capability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
none
-
News

As CFPB Announces Proposed Rulemaking for U.S. Open Banking Framework, Envestnet | Yodlee Expands Access to Credit with its Newest Technology Solution, Credit Accelerator

Rhea-AI Summary
Envestnet | Yodlee unveils Credit Accelerator, a lending data solution that uses alternative data to expand access to credit for individuals with limited credit history. The solution leverages a comprehensive set of alternative data sources and provides up-to-date financial data for various accounts. The launch of Credit Accelerator aligns with the Consumer Financial Protection Bureau's proposed rule on open banking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.4%
Tags
none
News

ENVESTNET | YODLEE COMMENDS CONSUMER FINANCIAL PROTECTION BUREAU FOR PROPOSED RULE TO ACCELERATE SHIFT TOWARD OPEN BANKING IN THE U.S.

Rhea-AI Summary
Envestnet | Yodlee commends the CFPB for proposing a rule to establish Personal Financial Data Rights. The rule aims to empower consumers, strengthen data access and security, and promote trust and reliability in the financial sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
-
News

Envestnet to Announce Third Quarter 2023 Results on November 8, 2023

Rhea-AI Summary
Envestnet to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
Tags
earnings
-
News

FIRST COMMAND PARTNERS WITH ENVESTNET TO STRENGTHEN ITS SERVICE OFFERING FOR MILITARY FAMILIES

Rhea-AI Summary
Envestnet partners with First Command Financial Services to provide financial advisors access to its integrated financial ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
partnership
News

Envestnet | Yodlee Introduces SpendSignals to Empower Businesses with Real-Time Consumer Spending Insights and Peer Purchasing Behavior

Rhea-AI Summary
Envestnet | Yodlee unveils SpendSignals, an AI-powered solution providing real-time consumer spending insights and trends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.56%
Tags
none

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.

Stock ENV logo
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
Link
United States of America
BERWYN