Envestnet

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Envestnet, Inc.

Trade name	Envestnet
Company type	Public
Traded as	NYSE: ENV S&P 600 component
Industry	Financial services
Founded	1999; 25 years ago (1999)
Founder	Jud Bergman (1957–2019) and Bill Crager
Headquarters	Berwyn, Pennsylvania , United States
Area served	Worldwide
Key people	Jim Fox (Interim Chief Executive Officer)
Revenue	US$1.245 billion (2023)
AUM	US$5.8 trillion (2023) [1]
Total assets	US$1.877 billion[1] (2023)
Number of employees	3,100 (2023)
Website	envestnet.com

Envestnet, Inc. is an American financial technology corporation which develops and distributes wealth management software and products to financial advisors and institutions.^{[2][non-primary source needed]} The company's main product is an advisory platform that integrates the services and software used by financial advisors in wealth management.^[3]

Envestnet received controversy in 2020 when it was sued in a class action for its collection of consumer financial data. The company filed a motion to dismiss in November of 2020, which was partially granted but partially denied by the court.^[4][5]