Stock Report: Envestnet Inc. (ENV) Report Updated: May 20, 2013 | Print This Page

Envestnet, Inc., together with its subsidiaries, provides integrated wealth management software and services to financial advisors and institutions in the United States and internationally. The company’s technology platform provides financial advisors with a series of integrated services, including risk assessment and selection of investment strategies, asset allocation models, research and due diligence, portfolio construction, proposal generation and paperwork preparation, model management and account rebalancing, account monitoring, customized fee billing, overlay services covering asset allocation, tax management and socially responsible investing, and aggregated multi-custodian performance reporting and communication tools, as well as access to a wide range of leading third-party asset custodians. It also offers Web-based access to a range of technology-enabled investment solutions, including separately managed accounts, which allow advisors to offer their investor clients a managed portfolio of securities with a personalized tax basis; unified managed accounts that allow the advisor to use various types of investment vehicles in one account; advisor as portfolio manager, where advisors create, implement, and maintain their own investment portfolio models to address specific client needs; and mutual funds and portfolios of exchange-traded funds, as well as access to a range of investment managers and investment strategists. The company was founded in 1999 and is headquartered in Chicago, Illinois.