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 to Announce Third Quarter 2022 Results on November 8, 2022

BERWYN, Pa. , Oct. 12, 2022 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today announced a strategic partnership between Tata Consultancy Services (TCS) and Envestnet Data and Analytics to increase operational scale and business agility.

Envestnet Data and Analytics Business Announces Partnership with Tata Consultancy Services

Industry-first interactive assessment shows high-scoring advisors significantly outperform low-scoring peers in total client assets managed BERWYN, Pa. , Oct. 4, 2022 /PRNewswire/ -- At a time when traditional financial planning has become table-stakes and clients increasingly seek holistic advice, Envestnet is helping financial advisors understand just how well they stack up.

Financial Advisors Put Their Practice to the Test with Envestnet's Intelligent Financial Life™ Advisor Practice Score

Envestnet recently reported Q2 2022 financial results. The firm provides a range of wealth management software and services in the U.S. and internationally.

Envestnet Revenue Flattens Amid Modernization Push

As Online Career-Training Program Continues to Grow, Franklin Templeton Lends Support to Help Strengthen Industry Diversity & Inclusion BERWYN, Pa. , Aug. 9, 2022 /PRNewswire/ -- Envestnet announces that 882 students participated in the Envestnet Institute On Campus (EIOC) program during the 2022 spring session—the highest number of participants in any session of the online career-training initiative so far.

Envestnet Institute On Campus Sets Participation Record During 2022 Spring Session and Adds New Sponsor Firm, Franklin Templeton

Envestnet's (ENV) second-quarter 2022 revenues surge year over year.

Envestnet (ENV) Stock Down 4.9% Despite Q2 Earnings Beat

Envestnet, Inc. (NYSE:ENV ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Brian Shipman - Head of Investor Relations Bill Crager - Chief Executive Officer Pete D'Arrigo - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Alex Kramm - UBS Surinder Thind - Jefferies Patrick O'Shaughnessy - Raymond James Operator Greetings, and welcome to Envestnet's Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Envestnet, Inc. (ENV) CEO Bill Crager on Q2 2022 Results - Earnings Call Transcript

Envestnet (ENV) delivered earnings and revenue surprises of 6.52% and 1.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Envestnet (ENV) Q2 Earnings Top Estimates

BERWYN, Pa.--(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 six months ended June 30, 2022.     Three months ended       Six months ended     Key Financial Metrics   June 30,   %   June 30,   % (in millions, except per share data)     2022       2021     Change     2022       2021   Change GAAP:                         Total revenues   $ 318.9     $ 288.7     10 %

Envestnet Reports Second Quarter 2022 Financial Results

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.

Earnings Preview: Envestnet (ENV) Q2 Earnings Expected to Decline

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will release second quarter 2022 financial results on Thursday, August 4, 2022 after market close. The Company will host a conference call and earnings webcast to discuss second quarter 2022 financial results on Thursday, August 4, 2022 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

Envestnet to Announce Second Quarter 2022 Results on August 4, 2022

Envestnet Formalizes Management of Company-Wide ESG Focus as Part of Ongoing Commitment BERWYN, Pa. , July 19, 2022 /PRNewswire/ -- Envestnet today announced it has appointed Ron Ransom to be Group Head of its Environmental, Social and Governance (ESG) office, a newly created role bringing a centralized focus to ESG activities across Envestnet.

Envestnet Names Ron Ransom to Lead its New Environmental, Social & Governance Office

The buyout makes Envestnet (ENV) one of the leading providers of revenue and billing tools required by advisors, wealth firms and asset managers.

Envestnet (ENV) to Benefit From Its Redi2 Buyout: Here's How

Redi2's Technology Platform Will Further Modernize Billing, Accounting, and Back Office Capabilities within the Envestnet Ecosystem—Driving Greater Client Engagement and Enhanced Revenue by Leveraging the Envestnet Client Base BERWYN, Pa. , July 6, 2022 /PRNewswire/ -- Envestnet announced today that it has acquired Redi2 Technologies, Inc. (Redi2), a leading provider of revenue management and hosted fee-billing solutions in the global financial services industry.

Envestnet Announces Acquisition of Redi2 Technologies, Creating the Industry Leading Revenue & Billing Management Platform

For the first time, more than 14 million RBC clients have direct connection to Envestnet | Yodlee's 1,500+ apps and services TORONTO , June 14, 2022 /PRNewswire/ - RBC is pleased to announce a data access agreement with Envestnet | Yodlee, a leading data aggregation and analytics platform, to address the needs of an increasingly digital customer base. The agreement allows RBC clients to better manage their finances and build wealth by connecting to and sharing their RBC financial information with more than 1,500 third-party applications powered by the Envestnet | Yodlee platform.

RBC and Envestnet Data and Analytics announce agreement to provide clients with greater control over their financial data

Envestnet Aligns Business Under Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech BERWYN, Pa. , June 7, 2022 /PRNewswire/ -- Envestnet announced today organizational changes to accelerate the growth of the Envestnet financial wellness ecosystem by streamlining its business into three business lines: Envestnet Solutions, Envestnet Data and Analytics, and Envestnet WealthTech.

Envestnet Announces Business Line Transformation to Streamline and Accelerate the Growth of Its Financial Wellness Ecosystem

Digital 401(k) Retirement Plan Marketplace Provides a Seamless & Efficient Way for Advisors to Incorporate Retirement Plan Servicing into Their Practices BERWYN, Pa. , June 1, 2022 /PRNewswire/ -- Envestnet today announced its acquisition of 401kplans.com, a digital 401(k) retirement plan marketplace that streamlines retirement plan distribution and due diligence among financial advisors and third-party administrators.

Envestnet Strengthens its Retirement Solutions Ecosystem with Acquisition of the 401kplans.com Marketplace

BERWYN, Pa.--(BUSINESS WIRE)--Envestnet, Inc. (NYSE: ENV), today announced that the Company will be participating in a fireside chat at the 2022 RBC Capital Markets Financial Technology Conference on Tuesday, June 14, 2022 in New York, NY. The discussion will begin at 10:10AM ET. Investors and interested parties can access the presentation by visiting the Company's investor relations website at https://investor.envestnet.com/. About Envestnet Envestnet refers to the family of operating subsidia

Envestnet to Attend the 2022 RBC Financial Technology Conference

Lincoln National

Top Insurance Carrier Adds a Significant Number of its Commission and Fee-Based Products to Financial Professionals Connected to the Envestnet Insurance Exchange BERWYN, Pa. , May 18, 2022 /PRNewswire/ -- Lincoln Financial Group (NYSE: LNC) has added more than 25 of its annuity products to the Envestnet Insurance Exchange, powered by FIDx, the only digital marketplace representing a single point of connectivity between insurance products and broad financial advisor distribution, marking a strengthened partnership and enhanced offering for both companies.

Lincoln Financial Group Expands Product Offering on FIDx-Powered Envestnet Insurance Exchange

Premier Industry Event Spotlights New Insights, Technology & Solutions that Create a Unified and Unrivaled Financial Wellness Ecosystem BERWYN, Pa. , May 11, 2022 /PRNewswire/ -- The 2022 Envestnet Advisor Summit – Envestnet's premier industry event – is currently underway at the Charlotte Convention Center in Charlotte, NC.

The Intelligent Financial Life™ Takes Center Stage at 2022 Envestnet Advisor Summit

Envestnet's (ENV) first-quarter 2022 earnings decrease year over year while revenues increase.

Envestnet (ENV) Stock Down 12.7% Since Q1 Earnings Beat

Envestnet, Inc. (NYSE:ENV ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Brian Shipman – Head of Investor Relations Bill Crager – Chief Executive Officer Pete D'Arrigo – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Michael Young – Truist Securities Alex Kramm – UBS Ryan Bailey – Goldman Sachs Chris Donat – Piper Sandler Surinder Thind – Jefferies Patrick O'Shaughnessy – Raymond James Operator Greetings, and welcome to the Envestnet First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Envestnet's (ENV) CEO Bill Crager on Q1 2022 Results - Earnings Call Transcript

Envestnet (ENV) delivered earnings and revenue surprises of 4.44% and 0.36%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Envestnet (ENV) Q1 Earnings Top Estimates

BERWYN, Pa.--(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, 2022.     Three months ended     Key Financial Metrics   March 31,   % (in millions, except per share data)   2022   2021   Change GAAP:             Total revenues   $ 321.4     $ 275.1   17 % Net income (loss)   $ (14.7 )   $ 14.9   n/m   Net income (loss) per diluted share attributable

Envestnet Reports First Quarter 2022 Financial Results

Latest Innovations Build on the Firm's Technology Roadmap To Support a Single View of a Client's Entire Financial Life BERWYN, Pa. , April 28, 2022 /PRNewswire/ -- Envestnet has launched a series of technology updates throughout its ecosystem, designed to meet and exceed the evolving technology and investing needs of financial advisors and their clients.

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