STOCK TITAN

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.

Rhea-AI Summary
Envestnet announces Joshua B. Warren as new CFO, succeeding Peter H. D'Arrigo. Warren's financial expertise and industry experience will enhance market leadership. D'Arrigo will assist with the transition. Warren's previous roles include Managing Director at BlackRock and member of the Board of Directors at iCapital.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.48%
Tags
none
-
Rhea-AI Summary
Akoya announces agreement with Envestnet | Yodlee to enhance consumer financial data access
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.12%
Tags
none
-
Rhea-AI Summary
Envestnet partners with iconik to enhance proxy voting solutions for Sustainable Quantitative Portfolios, empowering advisors to personalize voting process for clients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
none
Rhea-AI Summary
Envestnet has rolled out enhancements to its platform to drive growth and productivity for advisors. The enhancements include improvements to proposal, trading, client portal, insights engine, and user experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.77%
Tags
-
Rhea-AI Summary
Envestnet to release Q2 2023 financial results on August 3, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
none
Rhea-AI Summary
Envestnet reports financial results for Q1 2023, with total revenue decreasing by 7% to $298.7 million. Net loss attributable to Envestnet, Inc. was $41.2 million. Adjusted revenue for Q1 2023 decreased by 7% to $298.8 million. Envestnet provides outlook for Q2 and FY 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.41%
Tags

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.

ENVESTNET, INC.

NYSE:ENV

ENV Rankings

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