Envestnet Asset Management, Inc.
SEC-registered
Wealth Manager · Mega ($100B+)
CRD 111694
· SEC file 801-57260
· Berwyn, PA
· www.envestnet.com
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ADV data as of Jun 30, 2026
- Regulatory AUM
- $615B
- Discretionary
- $615B
- Clients
- 2,241,364
- Avg AUM / client
- $274K
- Accounts
- 2,241,364
- Employees
- 532
AUM over time
$17.1B
$615B
Dec 2011
Jun 2026
Annual snapshots from Form ADV filings · as of Jun 30, 2026
Asset allocation (SMA assets by investment type)
as of Jun 30, 2026
Registered investment companies (funds/ETFs)
$430B
70%
Exchange-traded equities
$141B
23%
Cash & equivalents
$18.4B
3%
State & local bonds
$12.3B
2%
US government & agency bonds
$6.1B
1%
Investment-grade corporate bonds
$6.1B
1%
Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2,125,667 | $388B | 63.0% |
| High net worth individuals | 93,557 | $191B | 31.1% |
| Investment companies | 4 | $4.2B | 0.69% |
| Charitable organizations | 5,162 | $7.2B | 1.17% |
| State or municipal government entities | 769 | $104M | 0.02% |
| Corporations and other businesses | 15,422 | $23.8B | 3.87% |
| Other | 783 | $803M | 0.13% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (61)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brandon Rockwell Thomas | Co Cio | Sep 2001 (25y) | Less than 5% | |
| O'brien, Shelly, S | Chief Legal Officer /General Counsel/Secretary | Mar 2002 (24y) | Less than 5% | |
| Debra Jane Devoe | Svp/ Chief Compliance Officer/ Managing Director | Jan 2014 (13y) | Less than 5% | |
| Dana Marie D'auria | Co Cio | CFA | Sep 2020 (6y) | Less than 5% |
| Sipp, Thomas, Michael | Evp, Envestnet Business Lines | Dec 2022 (4y) | Less than 5% | |
| Warren, Joshua, B. | Chief Financial Officer | Jan 2024 (3y) | Less than 5% | |
| Fox, James, Lawrence | Interim Chief Executive Officer | Apr 2024 (2y) | Less than 5% | |
| Aaron David Bauer | Registered representative | May 2005 (21y) | ||
| Matthew Aubrey Erickson | Registered representative | May 2007 (19y) | ||
| Michael Hoffer Featherman | Registered representative | CFA | Oct 2007 (19y) | |
| Seth Garrett Wager | Registered representative | Nov 2007 (19y) | ||
| Jennifer Marie Tarnoff | Registered representative | Jul 2011 (15y) | ||
| Todd Douglas Rais | Registered representative | Jun 2012 (14y) | ||
| Alan Robert Kreuzberger | Registered representative | Feb 2014 (12y) | ||
| Calvin Don Bryant | Registered representative | CFA | Jan 2015 (12y) | |
| Rachel B Mandeix | Registered representative | Apr 2015 (11y) | ||
| Andre Charles Behrmann | Registered representative | May 2015 (11y) | ||
| Michael Andrew Pescatore | Registered representative | May 2015 (11y) | ||
| Lacey Blair Zavelovich | Registered representative | May 2016 (10y) | ||
| David Lee Hein | Registered representative | Jul 2017 (9y) | ||
| Richard Andrew Stanek | Registered representative | Feb 2018 (8y) | ||
| Enrique Jorge Gelpi | Registered representative | May 2018 (8y) | ||
| Sean Thomas Humphreys | Registered representative | Apr 2019 (7y) | ||
| Megan L. Mead | Registered representative | May 2019 (7y) | ||
| Andrew David Brick | Registered representative | Aug 2019 (7y) | ||
| Catherine Theresa Reese | Registered representative | Oct 2021 (5y) | ||
| Ryan S. Horvath | Registered representative | Oct 2021 (5y) | ||
| Mark Jason Mcmahon | Registered representative | Chartered Financial Consultant | Feb 2022 (4y) | |
| Denise Marie Diana | Registered representative | Jul 2022 (4y) | ||
| Steven David Misheikis | Registered representative | Aug 2022 (4y) | ||
| Russell Charles Colburn | Registered representative | Sep 2022 (4y) | ||
| Anthony John Delmastro | Registered representative | Nov 2022 (4y) | ||
| Nathan Lloyd Johnson | Registered representative | Nov 2022 (4y) | ||
| Joseph Thomas Heideman | Registered representative | Jan 2023 (4y) | ||
| Nathan Edward Yates | Registered representative | Mar 2023 (3y) | ||
| Regan Burke Ryan | Registered representative | May 2023 (3y) | ||
| Brian J Connelly | Registered representative | CFP | May 2023 (3y) | |
| Brian Patrick Mallen | Registered representative | Jun 2023 (3y) | ||
| Michael James Dreveny | Registered representative | Jun 2023 (3y) | ||
| Robert W Riggs | Registered representative | Jun 2023 (3y) | ||
| Thomas Gill Baker | Registered representative | CFA | Jan 2024 (3y) | |
| John Warren Buckey | Registered representative | Jan 2024 (3y) | ||
| Kevin Patrick St. Clair | Registered representative | Jan 2024 (3y) | ||
| James F Conybear | Registered representative | CFP | May 2024 (2y) | |
| Shannon Michelle Massey | Registered representative | Aug 2024 (2y) | ||
| Trinity S. Gray | Registered representative | Aug 2024 (2y) | ||
| Scott M Pearlman | Registered representative | CFP | Sep 2024 (2y) | |
| Janet Louise Mariconti Shabman | Registered representative | Oct 2024 (2y) | ||
| Michael Anthony Saldutti | Registered representative | Nov 2024 (2y) | ||
| Kori Brooks | Registered representative | Nov 2024 (2y) | ||
| Allan Reyes Avena | Registered representative | Jan 2025 (2y) | ||
| Christopher Layton Barlow | Registered representative | CFA | Jan 2025 (2y) | |
| Andrew Thomas Mcdonald | Registered representative | CFP | Jan 2025 (2y) | |
| Luke Andrew Maioriello | Registered representative | Jul 2025 (1y) | ||
| Brad Nicholas Mcilvaine | Registered representative | CFP | Aug 2025 (1y) | |
| Eli Dixon Hill | Registered representative | Dec 2025 (1y) | ||
| Alexander Christian Aycock | Registered representative | Jan 2026 (1y) | ||
| Christian M O Connor | Registered representative | Jul 2026 (0y) | ||
| Robert Lee Vines | Registered representative | Jul 2026 (0y) | ||
| Jefferson Francis Bartley | Registered representative | Jul 2026 (0y) | ||
| Giovanni Salvatore Danna | Registered representative | CFA | Jul 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Envestnet, Inc. | Shareholder | May 2000 | A | 75% or more |
| Bcpe Pequod Buyer, Inc. | Owner | Nov 2024 | B | ≈ 56.25% – 100% via Envestnet, Inc. |
| Bcpe Pequod Intermediate, Llc | Owner | Nov 2024 | B | ≈ 42.19% – 100% via Bcpe Pequod Buyer, Inc. |
| Bcpe Pequod Parent , Inc. | Owner | Nov 2024 | B | ≈ 31.64% – 100% via Bcpe Pequod Intermediate, Llc |
| Bcpe Pequod Topco, Lp | Owner | Nov 2024 | B | ≈ 23.73% – 100% via Bcpe Pequod Parent , Inc. |
| Bcpe Pequod Investor, Lp | Owner | Nov 2024 | B | ≈ 11.87% – 75% via Bcpe Pequod Topco, Lp |
| Bain Capital Fund Xiii, L.P. | Owner | Nov 2024 | B | ≈ 2.97% – 37.5% via Bcpe Pequod Investor, Lp |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Bcpe Pequod Buyer, Inc.: 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Bcpe Pequod Intermediate, Llc: 75% – 100% of Bcpe Pequod Buyer, Inc. × 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Bcpe Pequod Parent , Inc.: 75% – 100% of Bcpe Pequod Intermediate, Llc × 75% – 100% of Bcpe Pequod Buyer, Inc. × 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Bcpe Pequod Topco, Lp: 75% – 100% of Bcpe Pequod Parent , Inc. × 75% – 100% of Bcpe Pequod Intermediate, Llc × 75% – 100% of Bcpe Pequod Buyer, Inc. × 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Bcpe Pequod Investor, Lp: 50% – 75% of Bcpe Pequod Topco, Lp × 75% – 100% of Bcpe Pequod Parent , Inc. × 75% – 100% of Bcpe Pequod Intermediate, Llc × 75% – 100% of Bcpe Pequod Buyer, Inc. × 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 11.87% – 75% of the firm
- Bain Capital Fund Xiii, L.P.: 25% – 50% of Bcpe Pequod Investor, Lp × 50% – 75% of Bcpe Pequod Topco, Lp × 75% – 100% of Bcpe Pequod Parent , Inc. × 75% – 100% of Bcpe Pequod Intermediate, Llc × 75% – 100% of Bcpe Pequod Buyer, Inc. × 75% – 100% of Envestnet, Inc. × 75% – 100% direct ≈ 2.97% – 37.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (53)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Evans Bank, N.A. Pension Plan | Evans Bank, N.A. | 0 | $0 | 10/01/2024 |
| Brown & Brown, Inc Employee Savings Plan | Brown & Brown, Inc. | 12,393 | $1.8B | 01/01/2024 |
| Midwest Anesthesia Partners Llc 401(k) P/S Plan | Midwest Anesthesia Partners Llc | 108 | $140M | 01/01/2024 |
| Faegre Drinker Retirement Savings Plan 1 | Faegre Drinker Biddle & Reath Llp | 1,298 | $768M | 01/01/2024 |
| Mid Ohio Emergency Services, Llc 401(k) Plan And Trust | Mid Ohio Emergency Services, Llc | 160 | $99.6M | 01/01/2024 |
| Novo Construction, Inc. 401(k) Profit Sharing Plan | Novo Construction, Inc. | 209 | $28.1M | 01/01/2024 |
| Advocate Aurora Health 401(k) Plan | Advocate Aurora Health, Inc | 83,445 | $10.5B | 01/01/2024 |
| Mcfarland Clinic, P.C. 401(k) Profit Sharing Plan | Mcfarland Clinic, P.C. | 1,393 | $488M | 01/01/2024 |
| Western Alliance Bancorporation 401(k) Plan | Western Alliance Bancorporation | 3,560 | $444M | 01/01/2024 |
| Orrick, Herrington & Sutcliffe Llp Retirement Plan | Orrick, Herrington & Sutcliffe Llp | 1,870 | $1.2B | 01/01/2024 |
| Frontier Airlines, Inc. 401(k) Retirement Plan | Frontier Airlines, Inc. | 7,716 | $962M | 01/01/2024 |
| Skywest, Inc. Employees' Retirement Plan | Skywest, Inc. | 15,517 | $1.4B | 01/01/2024 |
| Perkins&Will, Inc. Retirement Savings Plan | Perkins&Will, Inc. | 1,817 | $414M | 01/01/2024 |
| Netjets Aviation, Inc. 401(k) Retirement Plan | Netjets Aviation, Inc. | 4,042 | $2.5B | 01/01/2024 |
| Netjets Inc. 401(k) Plan | Netjets Inc. | 3,191 | $836M | 01/01/2024 |
| Wpmg 401(k) Retirement Savings Plan | Washington Permanente Medical Group, P.C. | 1,654 | $1.5B | 01/01/2024 |
| Neurosurgical Associates, Ltd. Profit Sharing Plan | Neurosurgical Associates, Ltd | 269 | $62.5M | 01/01/2024 |
| Stradley, Ronon, Stevens & Young, Llp Retirement Plan I | Stradley, Ronon, Stevens & Young, Llp | 271 | $188M | 01/01/2024 |
| King & Spalding Llp Profit Sharing 401(k) Plan | King & Spalding Llp | 2,071 | $1.3B | 01/01/2024 |
| Pueblo Radiology Medical Group, Inc. 401(k) Profit Sharing Plan | Pueblo Radiology Medical Group, Inc . | 96 | $48.5M | 01/01/2024 |
| Scpmg Keogh Plan | Southern California Permanente Medical Group | 11,088 | $7.9B | 01/01/2024 |
| Tra Minw, P.S. 401(k) Profit Sharing Plan And Trust | Tra Minw, P.S. | 480 | $172M | 01/01/2024 |
| Shift7 Digital 401(k) Plan | Siteworx Holdings, Llc | 58 | $10.8M | 01/01/2024 |
| Arnall Golden Gregory Llp Self Employed Persons Retirement Plan | Arnall Golden Gregory Llp | 248 | $173M | 01/01/2024 |
| Children's Medical Group, P. C. 401(k) Profit Sharing Plan | Children's Medical Group, P.C. | 161 | $34.2M | 01/01/2024 |
Top 25 of 53 plans by assets.
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/30/2026 | 1.57 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Subscription fees
- • Fixed fees
- • Other fees
- • A PERCENTAGE OF ASSETS OR REVENUES UNDER OUR CLIENTS' MANAGEMENT
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Other services
Custody
Reported custodians
- National Financial Services (Fidelity) $324B (53% of AUM) Jun 2026
- Pershing $118B (19% of AUM) Jun 2026
- Charles Schwab & Co. $43.1B (10% of AUM) Feb 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 30, 2026.
View current Form ADV (SEC/IAPD) ↗