Envestnet, Inc., through its various subsidiaries, offers a comprehensive range of wealth management software and related services to clients both within the ...
Envestnet, Inc. (ENV) is a U.S.-based financial technology company headquartered in Chicago, Illinois, and operates as a key provider of wealth management platforms and advisory enablement tools for financial professionals. The company’s positioning—often described as “Everybody Deserves Financial Wellness” and “Adaptive WealthTech”—reflects its goal of helping advisors serve a broader ...Envestnet, Inc. (ENV) is a U.S.-based financial technology company headquartered in Chicago, Illinois, and operates as a key provider of wealth management platforms and advisory enablement tools for financial professionals. The company’s positioning—often described as “Everybody Deserves Financial Wellness” and “Adaptive WealthTech”—reflects its goal of helping advisors serve a broader range of clients through technology, analytics, and operational workflow support.
From a business perspective, Envestnet primarily serves wealth management organizations, advisors, and institutions that need scalable software to run day-to-day portfolio, planning, and reporting processes. Its offerings are organized around major solution areas, including Envestnet Wealth Solutions and Envestnet Data & Analytics. In Wealth Solutions, Envestnet delivers platform and workflow capabilities designed to support open-architecture wealth management. Notably, its flagship Envestnet | Enterprise is described as a holistic platform integrating data aggregation, reporting, advanced analytics, and digital advisory tools. This is complemented by specialized solutions such as Envestnet | Tamarac, which supports portfolio trading and rebalancing, accounting, performance reporting, and client relationship management—capabilities that typically sit at the core of advisor operations. Envestnet | MoneyGuide focuses on goals-based financial planning for the financial services industry, enabling advisors to align client objectives with planning outputs.
In addition to core wealth and planning tools, Envestnet also provides retirement-related services (Envestnet | Retirement Solutions) for advisor-managed retirement plans. Another business pillar is Envestnet | Portfolio Management Consultants (PMC), which offers research and consulting support to help advisors create investment solutions, including specialized services for portfolio overlay and tax optimization.
Cost and delivery typically revolve around recurring software/services arrangements (platform and solution subscriptions) and associated implementation and advisory support, with the company leveraging a cloud-based data aggregation and intelligence foundation to power digital financial services. From a product “building blocks” viewpoint, Envestnet’s portfolio of tools emphasizes integration—bringing together account/data feeds, analytics, planning logic, portfolio operations, and performance reporting into a unified ecosystem.
As a public company traded on the NYSE (ENV) with a reported employee base of about 3,100 employees, Envestnet operates at meaningful scale. Leadership (as provided) is James Lawrence Fox. Founded in 1999, Envestnet has grown its platform across decades, evolving from software development into a more comprehensive wealth technology and analytics ecosystem designed to support how advisors meet client needs in increasingly digital and data-driven environments.
Plutux no es un asesor de inversiones. Los datos de mercado y el análisis generado por IA son solo informativos y educativos, no asesoramiento de inversión. Aviso legal
InteranualYoY significa Year-over-Year (interanual). Compara el último valor anual con el valor anual anterior para mostrar la fortaleza de la tendencia a largo plazo.
TrimestralQoQ significa Quarter-over-Quarter (intertrimestral). Compara el último trimestre con el trimestre inmediatamente anterior para mostrar cambios de impulso a corto plazo.
IngresosEl dinero total que entró por la puerta principal al vender cosas, antes de pagar una sola factura. Piensa en esto como el gran total de cada compra con tarjeta de los clientes. (YoY compara el rendimiento de este año con el del año pasado, mientras que QoQ compara los tres meses actuales con los tres anteriores).
$1.2B
+0.5%
-0.7%
Beneficio netoEl resultado final absoluto. Si la empresa pagara a cada proveedor, empleado, banquero y recaudador de impuestos, este es el dinero real que queda en su bolsillo al final del día.
$-238.7M
-179.3%
+97.9%
Margen brutoEl margen básico. Si venden unas zapatillas de 100 dólares, este porcentaje indica cuánto de ese precio es ganancia justo después de pagar el caucho y los cordones, pero antes de pagar el alquiler de la tienda o los anuncios de televisión.
+26.3%
-57.7%
+533.1%
Margen operativoLa puntuación de eficiencia del 'trabajo diario'. De cada dólar que gasta un cliente, esto muestra cuántos centavos mantiene la empresa después de fabricar el producto Y pagar todos los gastos generales corporativos (como salarios, marketing y mantener las luces encendidas).
-16.4%
-208.3%
-48.2%
Margen netoEl porcentaje final que se lleva a casa. Cuando se eliminan todos los costos concebibles, impuestos y pagos de intereses, este es el número exacto de centavos que la empresa realmente se queda de cada dólar en ventas.
-19.2%
-178.0%
+97.9%
Flujo de caja libreEl santo grial del efectivo corporativo. Es el dinero físico gastable que queda después de que el negocio paga sus operaciones diarias Y compra las actualizaciones grandes y costosas (como nuevas fábricas o servidores) que necesita para sobrevivir. Este es el dinero 'libre' que pueden usar para pagar dividendos o recomprar acciones.
$24.6M
+437.1%
+10.2%
Margen FCFLa tasa definitiva de conversión de efectivo. Muestra qué tan buena es la empresa para convertir ventas regulares directamente en efectivo frío, duro y gastable. Un porcentaje alto significa que el negocio es una auténtica máquina de imprimir dinero.
+2.0%
+435.5%
+10.9%
Deuda/PatrimonioEl indicador de riesgo financiero. Compara cuánto del imperio de la empresa se construyó con dinero prestado (préstamos) frente al dinero propio de los propietarios (accionistas). Un número alto significa que están muy apalancados y juegan un juego más arriesgado; un número bajo significa que juegan a lo seguro.
174.3%
+26.6%
-58.2%
Ratio corrienteLa verificación de supervivencia de 12 meses. Simplemente compara el efectivo que tienen ahora mismo (más cosas que pueden convertirse rápidamente en efectivo) con las facturas inmediatas que absolutamente deben pagar este año. Una puntuación superior a 1 significa que tienen suficiente en la billetera para cubrir las próximas facturas sin entrar en pánico.
0.90x
-3.4%
-48.3%
Activos totalesEl tamaño absoluto del imperio de la empresa. Agrupa absolutamente todo lo valioso que poseen, desde el efectivo en la caja registradora y el inventario en el almacén, hasta las patentes de software en la bóveda y las fábricas en el suelo.
Operator: Hello, and welcome to the Envestnet Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. As a reminder, this conference is being recorded. There will be no Q&A session following prepared remarks. It is now my pleasure to introduce Josh Warren, Chief Financial Officer. Thank you, sir. You may begin.
Josh Warren: Good afternoon, everyone. I'm Josh Warren, Chief Financial Officer of Envestnet. Thank you for joining us on today's second quarter 2024 earnings call. Before we begin, I'd like to point out that our earnings press release, supplemental presentation and associated Form 10-Q can be found under the Investor Relations section of our website at envestnet.com. This call is being webcast live and a replay will be available for one month under the Investor Relations section of our website as well. During the call, we will be discussing certain forward-looking information. This information is based on our current expectations and is not a guarantee of future performance. I encourage you to review the cautionary statement on Slides 2 and 3 of the supplemental presentation for the potential risks, uncertainties, and other factors that could cause actual results to differ from those expressed by the forward-looking statements. Further information can be found in our regular SEC filings. During this call, we will be referring to certain as adjusted financial measures. Please refer to the appendix in our supplemental presentation for a reconciliation of these as adjusted financial measures to the most directly comparable GAAP measures. Joining me on today's call is Jim Fox, our Board Chair and Interim CEO. On our call this afternoon, we will provide a company update as well as an overview of the company's results during the second quarter. Due to our pending transaction with Bain Capital, we will not be taking questions on today's call and will not be providing guidance for the third quarter. I'll now turn it over to Jim.
Jim Fox: Thanks, Josh. As you know, on July 11, the company announced that we have entered into a definitive agreement to be acquired by Bain Capital and related parties. Earlier today, Envestnet filed its preliminary proxy statement relating to this pending transaction. It includes comprehensive details of the process conducted by our board, and we encourage you to read the filing for further information. As noted in the proxy, the Board and the company's senior management team regularly reviews the company's business and operations, competitive position, historical performance, future prospects, and long term strategic plan with the goal of maximizing stockholder value. As part of these ongoing evaluations, we have from time to time considered various strategic alternatives, including the execution of the company's strategy as a stand-alone public company or the possible sale of the company to or in combination of the company with a third-party. This transaction is the …
