What is Envestnet?

Envestnet, Inc. (NYSE: ENV) is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions and intelligence to make financial wellness a reality for everyone. Over 106,000 advisors and more than 5,200 companies including: 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors and their clients. (source)

Envestnet Employee Count

Number of Envestnet employees:

4,190 employees

Last updated 1/1/20

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Envestnet Revenue Totals

Envestnet annual revenue:

• 2021: $1.186 billion
• 2020: $998 million
• 2019: $900 million
• 2018: $812 million
• 2017: $683 million
• 2016: $578 million
• 2015: $420 million

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Envestnet annual net income:

• 2021: $12 million
• 2020: $2.6 million net loss
• 2019: $17 million net loss
• 2018: $4 million
• 2017: $3 million net loss
• 2016: $55 million net loss
• 2015: $4 million

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Additional Envestnet Statistics

Number of advisors using Envestnet:

100,000 advisors

Last updated 3/22/20

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Number of companies using Envestnet:

4,700 companies

Last updated 3/22/20

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Number of Envestnet investor accounts:

11 million accounts

Last updated 3/22/20

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Number of Envestnet data sources:

21,000 data sources

Last updated 3/22/20

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Please note that some of these numbers are easier to find than others. A few of these Envestnet stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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