Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €49.86 EUR
Change Today -0.267 / -0.53%
Volume 0.0
30E On Other Exchanges
Symbol
Exchange
Frankfurt
As of 2:01 AM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

envestnet inc (30E) Snapshot

Open
€49.86
Previous Close
€50.12
Day High
€49.86
Day Low
€49.86
52 Week High
02/27/15 - €50.21
52 Week Low
04/15/14 - €24.23
Market Cap
1.7B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
34.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ENVESTNET INC (30E)

envestnet inc (30E) Related Bloomberg News

View More Bloomberg News

envestnet inc (30E) Related Businessweek News

No Related Businessweek News Found

envestnet inc (30E) Details

Envestnet, Inc., together with its subsidiaries, provides wealth management software and services to independent financial advisors and financial institutions in the United States and internationally. Its wealth management software unifies the applications and services advisors use to manage their practice and advise their clients, including financial planning; capital markets assumptions; asset allocation guidance; research and due diligence on investment managers and funds; portfolio management, trading, and rebalancing; multi-custodial and aggregated performance reporting; and billing calculation and administration. The company also offers Envestnet | PMC investment solutions and products that include managed account and multi-manager portfolios, mutual fund portfolios, and exchange traded fund (ETF) portfolios; Prima Premium Research comprising research and due diligence on investment managers, mutual funds, ETFs, and liquid alternatives funds; and consulting services. In addition, it provides Envestnet | Tamarac, a portfolio accounting, rebalancing, trading, performance reporting, and client relationship management software primarily for high-end registered investment advisors (RIAs); and Vantage Reporting Solution, a software that aggregates and manages investment data, provides performance reporting and benchmarking, and gives advisors a view of clients’ various investments. Further, the company offers Envestnet | WMS, which provides financial institutions access to an integrated wealth platform that enables to construct and manage portfolio solutions across an account life cycle, primarily in the area of unified managed account trading; and Envestnet | Placemark that develops unified managed account programs and other portfolio management outsourcing solutions. The company sells its products and services to the individual financial advisors of broker dealers and RIAs. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.

1,257 Employees
Last Reported Date: 03/2/15
Founded in 1999

envestnet inc (30E) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $674.6K
President
Total Annual Compensation: $415.0K
Co-Founder and Chief Investment Officer
Total Annual Compensation: $344.2K
Chief Financial Officer
Total Annual Compensation: $437.5K
Chief Technology Officer
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2013.

envestnet inc (30E) Key Developments

Envestnet, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015

Envestnet, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $96,803,000, income from operations of $7,063,000, income before income tax provision of $6,409,000, net income attributable to the company of $3,693,000 or $0.10 per diluted share compared to total revenues of $74,398,000, income from operations of $1,430,000, income before income tax provision of $1,435,000, net income attributable to the company of $695,000 or $0.02 per basic and diluted share for the same quarter year ago. Adjusted revenues were $96,803,000 compared to $74,398,000 a year ago. The increase was primarily due to a 29% increase in revenues from AUM or AUA to $81.5 million from $63.4 million in the prior year period. Adjusted EBITDA was $16,609,000 compared to the $11,040,000 for the same quarter year ago. Adjusted net income was $8,636,000 or $0.23 per diluted share compared to $5,441,000 or $0.15 per diluted share for the same quarter year ago. The fourth quarter of 2014 revenue from assets under management or administration grew 29% to $81.5 million compared to $63.4 million in the fourth quarter of 2013. For the year, the company reported total revenues of $348,748,000, income from operations of $21,252,000, income before income tax provision of $22,507,000, net income attributable to the company of $14,174,000 or $0.38 per diluted share compared to total revenues of $242,535,000, income from operations of $5,512,000, income before income tax provision of $5,712,000, net income attributable to the company of $3,660,000 or $0.10 per diluted share for the same period last year. Net cash provided by operating activities was $55,997,000 compared to the $28,857,000 for the same period last year. Purchases of property and equipment were $6,177,000 compared to the $6,125,000 for the same period last year. Adjusted revenues were $348,748,000 compared to $242,695,000 a year ago. Adjusted EBITDA was $55,938,000 compared to the $38,594,000 a year ago. Adjusted net income was $29,537,000 or $0.80 per diluted share compared to $19,094,000 or $0.54 per diluted share a year ago. For the first quarter of 2015, on a consolidated basis, the company expects revenue from assets under management or administration to be up 20% to 22% compared to the first quarter of 2014. This reflects an effective fee rate of approximately 13.1 to 13.3 basis points, and beginning AUM/A asset base of approximately $246 billion. The company expects effective tax rate for GAAP in the first quarter to be approximately 40%.

Envestnet, Inc. to Report Q4, 2014 Results on Feb 26, 2015

Envestnet, Inc. announced that they will report Q4, 2014 results on Feb 26, 2015

Envestnet, Inc., Q4 2014 Earnings Call, Feb 26, 2015

Envestnet, Inc., Q4 2014 Earnings Call, Feb 26, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
30E:GR €49.86 EUR -0.267

30E Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Advent Software Inc $44.05 USD -0.07
Blackbaud Inc $45.07 USD -0.09
FactSet Research Systems Inc $152.10 USD -2.40
Morningstar Inc $73.39 USD -0.40
SimCorp A/S kr240.50 DKK +6.50
View Industry Companies
 

Industry Analysis

30E

Industry Average

Valuation 30E Industry Range
Price/Earnings 100.0x
Price/Sales 5.6x
Price/Book 9.6x
Price/Cash Flow 59.0x
TEV/Sales 4.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ENVESTNET INC, please visit www.envestnet.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.