Envestnet Pmc

RIASEC RegisteredEst. 2000

Total AUM

$615B

Discretionary

$615B

100% of AUM

Avg account

$274K

Accounts

2,241,364

Employees

532

Advisory reps

Firm details

Headquarters: Berwyn, Pennsylvania
CRD number: 111694
Registered since: February 10, 2000
Website: www.envestnet.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, PERSHING LLC
Fee structure: Percentage of AUM, Subscription Fees, Fixed Fees, Other
Client types: Individuals63.03%
HNWI31.1%
Corporations / Businesses3.87%
Charitable Organizations1.17%
Investment Companies0.69%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersPublication of Periodicals

Firm profile

FINTRX

Overview

Envestnet PMC is an institutional RIA and capital allocator that serves both individual/family and institutional clients. The firm charges a mix of percentage-of-AUM, subscription, fixed and other fees and conducts a range of advisory activities, including portfolio management for individuals, small businesses, investment companies and institutions; pension consulting; selection of other advisers; and publication of investment-related materials. It is also identified as an active ESG investor. Operating as more than a traditional discretionary manager, Envestnet PMC has business activities that include other financial product distribution and industry affiliations spanning broker-dealers, insurance companies, commodity pool/CTA roles, and sponsorship or GP/manager roles in pooled investment vehicles. That footprint supports its role in sourcing and allocating to third-party managers and packaged investment solutions.