Hi, good. Michael Cho Hi, good evening guys. Hi. Thanks for taking my question. I guess my first question, I appreciate all the color around, the expenses and the '24 kind of initial thoughts. I guess I was just kind of just curious if you know if you could elaborate a bit more in terms of kind of how we should think about margin progression, over the course of '24 as you think about the 25% targets for 2025. And I think Bill, you mentioned that $60 million kind of run rate savings. And Josh, I think you sa ...

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, 2023 or ☐ 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) (State or other jurisdiction of inco ...

Scaled, cloud-native technology © 2023 Envestnet, Inc. All rights reserved. | --- | --- | --- | |-----------------------------------------------------------|-------|-------| | | | | | 2Q 2023 Earnings Supplemental Presentation August 3, 2023 | | | | | | | | | | | 2 The forward-looking statements made in this presentation concerning, among other things, Envestnet, Inc.'s expected financial performance and outlook for the second quarter and full year of 2023, its strategic and operational plans and growth str ...

And I will reiterate that the 25% adjusted EBITDA will come no matter what the top line does. We will deliver on that commitment to investors. And so there is the flexibility and room to do it. We don't want to disrupt the work that we're doing. So we're very focused on executing on it. But we're also very committed to the 25% adjusted EBITDA. Okay. Okay, Bill. Well, thank you. Good. It's great to hear the confidence and we'll look forward to seeing that progress. Yes, it's very market-related, Surrender. S ...

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, 2023 or ☐ 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) (State or other jurisdiction of incorpora ...

Conference Call Participants It is now my pleasure to introduce your host, Pete D'Arrigo, CFO. Thank you, Mr. D'Arrigo, you may begin. During this call, we will be referring to certain non-GAAP financial measures. Please refer to the non-GAAP disclosure statement on Slide 3 of the supplemental presentation for an explanation of the non-GAAP financial measures and to the appendix in our supplemental presentation for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP me ...

| --- | --- | --- | |----------------------------------------------------|-----------------------------------|--------| | | | | | Illustrative Market Impact Model ($ in millions) | Assumptions | | | Total Revenue | 1Q23 revenue, annualized | $1,196 | | x % asset-based | ~60% of total revenue | 60% | | x % Blended Market Change (a) | See below calculation | -5% | | = Revenue impact | | ($36) | | - Impact on asset-based direct expenses | ~60% of asset-based revenue | ($22) | | = Impact on Adjusted EBITDA (1) ...

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, 2023 or ☐ 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) (State or other jurisdiction of incorpor ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-K _________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-34835 _________________________________________ Envestnet, Inc. (Exact name of registr ...

Unidentified Analyst This is Madeline on for Mike. Can you share some trends you're seeing in the data and analytics business in terms of new user growth trends, utilization and yield per user? And maybe also discuss the sales cycle and renewal time lines you're seeing in that business today as well. Bill Crager Overall, the data business, what we saw last year was we have signed a significant number of new logos. We have increased our users on the data platform, lowered yield per user as we saw higher comp ...