BERWYN, Pa., Sept. 23, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, has been recognized as an industry leader at the 2024 WealthManagement.com Industry Awards (the "Wealthies"). Including its Exchanges and partner integrations, Envestnet's ecosystem won five awards, including top honors for Advisor Choice and Best Unified (All-in-One) System.Now in its 10th year, the WealthManagement.com Industry Awards aims to honor outsta ...

New Envestnet RIA Capabilities include Enhanced Fixed-Income Trading tool, Unified Managed Accounts Integration, and New Client Portal Envestnet Co-CIO and Solutions Group President Dana D'Auria Takes the Stage at Future Proof 2024 to Address the Future of Investment DeliveryBERWYN, Pa., Sept. 16, 2024 /PRNewswire/ -- Time, arguably an advisor's most valuable resource, is often in critically short supply, insufficient for what they would ideally like to spend with clients. According to Envestnet's 2024 Advi ...

Envestnet, Inc.’s (ENV) shares have gained 26.7% year to date compared with a 9.1% rise of the industry and an 18.4% increase of the Zacks S&P 500 composite.What’s Behind the RallyENV put on an impressive earnings performance history. Its earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 6.2%.Envestnet is focused on increasing its share of the addressable market consisting of enterprise clients in wealth management, financial ...

SAN DIEGO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, Inc. (NYSE: ENV) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Bain Capital. On July 11, 2024, Envestnet informed the public that it has agreed to a deal with Bain Capital, in which stockholders will receive $63.15 per share in an all-cash offe ...

Recognition Spans 'All-In-One' Platforms, Innovation, Direct Indexing, Retirement, and Annuities Showcasing Envestnet's Comprehensive Solutions and IntegrationsBERWYN, Pa., Aug. 27, 2024 /PRNewswire/ -- Envestnet (NYSE: ENV), a leading provider of integrated technology, data intelligence, and wealth solutions, announced that its ecosystem has been recognized as a finalist for seven 2024 Wealth Management Industry Awards ("Wealthies"). Envestnet's ecosystem received the highest number of finalists from a fie ...

Envestnet, Inc. (ENV) reported mixed second-quarter 2024 results, wherein earnings missed the Zacks Consensus Estimate, while revenues surpassed the same.The stock price has not witnessed any significant impact of the earnings miss since the company released results on Aug 9, 2024.ENV’s earnings per share were 55 cents, missing the Zacks Consensus Estimate by 12.7%. The bottom line increased 19.6% year over year from the second quarter of 2023. Total revenues of $348.3 million beat the consensus estimate by ...

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Kellanova (NYSE: K)’s sale to Mars, Incorporated for $83.50 per share in cash. If you are a Kellanova shareholder, click here to learn more about your legal rights and options. Envestnet, Inc. (NYSE: ENV)’s sale to Bain Capital for $63.15 in cash per share. I ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Envestnet, Inc. (NYSE: ENV), relating to its proposed merger with Bain Capital Private Equity, LP. Under the terms of the agreement, Envestnet shareholders will receive $63.15 per share o ...

SAN DIEGO, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP, a leading stockholder rights law firm, announced today that it has initiated an investigation into the board members of Envestnet, Inc. (NYSE: ENV) concerning potential breaches of fiduciary duties related to the proposed sale of the Company to private equity firm Bain Capital. On July 11, 2024, Envestnet informed the public that it has agreed to a deal with Bain Capital, in which stockholders will receive $63.15 per share in an all-cash offe ...

财务数据和关键指标变化 - 公司Q2 2024营收为3.48亿美元,同比增长11%,超出预期范围 [11] - 公司Q2 2024调整后EBITDA为7800万美元,也超出预期范围,调整后EBITDA率为22%,同比提升450个基点 [11] - 公司Q2 2024调整后每股收益为0.55美元,低于指引,但同比增长20% [11] 各条业务线数据和关键指标变化 - 财富解决方案业务Q2营收超过3.12亿美元,同比增长13% [18] - 财富解决方案中资产管理类收入超过2.19亿美元,同比增长18% [17] - 财富解决方案中订阅类收入超过8400万美元,同比增长6% [17] - 数据与分析业务Q2营收为3620万美元,同比下降1%,但较Q1增长3% [19] 各个市场数据和关键指标变化 - 公司客户顾问数量超过11万,同比增长3% [13] - 公司平台账户数量超过1940万,较Q2 2023下降,主要是公司主动减少了一些无资金、无活跃的账户 [13] 公司战略和发展方向及行业竞争 - 公司已与贝恩资本达成收购协议,将成为私有公司,有望通过内生和外延发展,进一步完善平台,提升定制化、连通性和智能化 [10] - 公司过去一直评估各种战略选择,包括独立上市公司发展或被收购,最终认为此次交易是最有利于公司及股东的选择 [8][9] 管理层对经营环境和未来前景的评论 - 管理层表示公司未来发展前景非常光明,作为私有公司加上贝恩资本的支持,将有助于公司继续执行战略,进行内生和外延发展 [10] 其他重要信息 - 公司在Q2进行了9600万美元的商誉减值,主要是与2015年收购Yodlee相关的商誉 [20] - 公司在Q2还有一些非现金项目,包括20万美元的投资收益和1300万美元的软件开发费用核销,但不影响现金流 [27] - 公司Q2自由现金流为6700万美元,同比增长,上半年自由现金流达4700万美元,超过2023年全年 [25][26] - 公司杠杆比率从一年前的3.7倍下降到2.7倍 [26]