Envestnet

Envestnet
Envestnet Inc.
Public
Traded as NYSE: ENV
Industry Financial services
Founded 1999
Headquarters Chicago, IL, U.S.
Key people
Jud Bergman, co-founder and CEO
Bill Crager, co-founder and (President
Total assets $421 million (2015)
Number of employees
  • Increase2,665 (2015)
Website envestnet.com

Envestnet (NYSE: ENV) provides unified wealth management technology and services to financial advisors and institutions. As of March 2016, Envestnet supports over 47,000 advisors, and almost 3.5 million investor accounts and over $850 billion in total assets with almost $290 billion of fee‐generating assets under management (AUM) and assets under administration (AUA)

The company's initial public offering of stock filed on the NYSE and went public on the 28th of July 2010. It priced at $9; at the bottom of the range of $9-$10. The major underwriters were Morgan Stanley (MS), UBS AG (UBS), and Barclays (BCS). The company raised $63M by selling 7M shares [1]

References

  1. [hhttp://www.renaissancecapital.com/Envestnet/ipo-ENV.html Renaissance Capital - IPO "Envestnet (ENV)"]

External links

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