Financial Data and Key Metrics Changes - For Q4 2022, adjusted revenue was $292.9 million, and for the full year, it was $1.240 billion, with adjusted EBITDA of $53.8 million for the quarter and $220.1 million for the year [41][57] - The company reported a 7% organic growth rate in AUM/A, with total platform net flows of $132 billion, including $57 billion from AUM/A [62] - The adjusted EBITDA margin increased by 80 basis points year-over-year in Q4 compared to Q4 of 2021, indicating progress towards profitability [51] Business Line Data and Key Metrics Changes - The data business saw a significant increase in new client sign-ups and user growth, although yield per user decreased due to higher usage in lower-yield areas [2][3] - The wealth data platform has doubled its opportunity set from Q4 2022 to Q1 2023, indicating strong client onboarding and interest [3] - The insurance platform is expected to grow by three times in 2023, with a back book business built up to approximately $27 billion [7] Market Data and Key Metrics Changes - The company outperformed the market, with a 35% decline in net flows for AUM/A compared to a 70% decline for publicly traded asset managers [20][21] - The overall market saw a negative 1.7% net outflow in 2022, while the company managed to grow its account base and user engagement [20][62] Company Strategy and Development Direction - The company aims to achieve 25% adjusted EBITDA margins by 2025, focusing on margin expansion and organic revenue growth [48][52] - Investments have been made to modernize the platform and enhance operational efficiency, with a focus on high-margin businesses and deeper client engagement [46][52] - The company is transitioning to a fully digital environment to streamline account management and servicing, which is expected to create new revenue opportunities [8][56] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in 2022 due to market volatility but emphasized the company's resilience and market share gains [41][62] - The outlook for 2023 includes expectations for adjusted revenues between $1.240 billion and $1.260 billion, with a focus on margin expansion despite market headwinds [57] - Management expressed confidence in the company's ability to deliver improved financial results in the data and analytics segment later in 2023 [57] Other Important Information - The company has reduced its real estate footprint by 30% and plans to reach a 45% reduction by the end of Q1 2023, contributing to cost efficiency [40] - The company processed 220 million trade orders in 2022, a 31% increase from 2021, while reducing expenses to serve this function [40] Q&A Session Summary Question: Can you share trends in the data and analytics business? - Management noted significant new client sign-ups and user growth, with a decrease in yield per user due to higher usage in lower-yield areas [2][3] Question: What is the thought process behind share repurchases? - The company executed share repurchases to return capital to shareholders and mitigate share dilution from convertible note issuance, with plans to continue being opportunistic in future repurchases [11] Question: Can you characterize interactions with activist shareholders? - Management acknowledged awareness of activist shareholder filings and emphasized the company's focus on creating sustained operating leverage and aligning with shareholder interests [12][13]

Envestnet, Inc. (NYSE:ENV) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Brian Shipman - Head, IR Bill Crager - CEO Pete D’Arrigo - CFO Conference Call Participants Devin Ryan - JMP Securities Alex Kramm - UBS Surinder Thind - Jefferies Peter Heckmann - D.A. Davidson Jeff Schmitt - William Blair Patrick O’Shaughnessy - Raymond James Ryan Bailey - Goldman Sachs Operator Greetings. Welcome to Envestnet Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Plea ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34835 Envestnet, Inc. (Exact name of registrant as specified in its charter) Delaware 20-1409613 (State or other jur ...

Envestnet, Inc. (NYSE:ENV) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Brian Shipman - Head of Investor Relations Bill Crager - Chief Executive Officer Pete D’Arrigo - Chief Financial Officer Conference Call Participants Devin Ryan - JMP Securities Alex Kramm - UBS Surinder Thind - Jefferies Patrick O'Shaughnessy - Raymond James Operator Greetings, and welcome to Envestnet's Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conferen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34835 Envestnet, Inc. (Exact name of registrant as specified in its charter) Delaware 20-1409613 (State or other jurisdic ...

Envestnet, Inc. (NYSE:ENV) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Brian Shipman – Head of Investor Relations Bill Crager – Chief Executive Officer Pete D’Arrigo – Chief Financial Officer Conference Call Participants Devin Ryan – JMP Securities Michael Young – Truist Securities Alex Kramm – UBS Ryan Bailey – Goldman Sachs Chris Donat – Piper Sandler Surinder Thind – Jefferies Patrick O’Shaughnessy – Raymond James Operator Greetings, and welcome to the Envestnet First Qua ...

1Q 2022 Earnings Supplemental Presentation May 5, 2022 © 2022 Envestnet, Inc. All rights reserved. Safe Harbor Disclosure 2 This presentation contains forward-looking statements. These forward-looking statements include, in particular, statements about our plans, strategies and prospects. These statements are based on our current expectations and projections about future events. The words "may," "will," "should," "could," "expect," "scheduled," "plan," "seek," "intend," "anticipate," "believe," "estimate," ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-34835 Envestnet, Inc. (Exact name of registrant as specified in its charter) Delaware 20-1409613 (State or other jurisdi ...

4Q 2021 Earnings | --- | --- | --- | --- | |---------------------------|-------|-------|-------| | | | | | | Supplemental Presentation | | | | | | | | | | February 24, 2022 | | | | | | | | | | | | | | Safe Harbor Disclosure 2 This presentation contains forward-looking statements. These forward-looking statements include, in particular, statements about our plans, strategies and prospects. These statements are based on our current expectations and projections about future events. The words "may," "will," "sh ...

The Ecosystem for Financial Wellness Investor Presentation Summer • Fall 2020 Safe Harbor Disclosure 3 This presentation contains forward-looking statements. These forward-looking statements include, in particular, statements about our plans, strategies and prospects. These statements are based on our current expectations and projections about future events. The words "may," "will," "should," "expect," "scheduled," "plan," "seek," "intend," "anticipate," "believe," "estimate," "aim," "potential" or "continu ...