Envestnet Pmc
Assets Under Management
$532.2B
Number of Clients
2,021,610
Number of Advisors
54
Average Client AUM
$263K
AUM per Advisor
$9.9B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Envestnet offers investment sub-advisory services through its wealth-tech platform to independent advisors for their clients. These services include Separately Managed Accounts (SMA), Unified Managed Accounts (UMA), and Third-Party Fund Strategists. Envestnet also provides advisory and research services directly to advisors and institutional clients. Envestnet offers tools for asset allocation, manager selection, and performance monitoring.
Fee Structure
This firm provides investment management services to advisors, who then work with their clients. Envestnet does not directly set fees for clients. Clients should consult their advisor's Form ADV Part 2 for a description of the advisor's specific use of Envestnet and the programs, including fee information. Envestnet may receive fees from fund families or third-party model providers, creating potential conflicts of interest.
Areas of Practice
Location
150 North Riverside Plaza , Suite 2050, Chicago, IL, 60606