Envestnet, Inc., together with its subsidiaries, provides financial and wealth management software and services in the United States and internationally. It operates through Envestnet and Envestnet Yodlee business segments. The company's product and services suites include Envestnet Enterprise, which provides an end-to-end open architecture wealth management platform, and sells data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet Tamarac that provides a portfolio of accounting, rebalancing, trading, performance reporting, and client relationship management software, primarily to high-end registered investment advisers; Envestnet Retirement Solutions (ERS), which offers a suite of services for advisor-sold retirement plans; and Envestnet PMC (Portfolio Management Consultants) that provides research due diligence and consulting services to assist advisors in creating investment solutions for their clients, and patented portfolio overlay and tax optimization services. The company also provides Envestnet Yodlee data aggregation and data analytics platform, which offers cloud-based innovation for digital financial services. Envestnet, Inc. serves banks, wealth management and brokerage firms, Internet services companies, and other financial institutions. The company was founded in 1999 and is headquartered in Chicago, Illinois.
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