ENVESTNET PORTFOLIO SOLUTIONS, INC.

RIASEC RegisteredEst. 1993
Total AUM
$17.3B
Discretionary
$17.3B
100% of AUM
Avg account
$286K
Accounts
60,663
Employees
532
Advisory reps
10

Firm details

Headquarters
CHICAGO, Illinois
CRD number
109662
Registered since
March 25, 1993
Custodians
U.S. BANCORP INVESTMENTS, INC., NATIONAL FINANCIAL SERVICES LLC
Fee structure
Percentage of AUM, Subscription Fees, Fixed Fees, Other
Client types
  • Individuals73.25%
  • HNWI25.13%
  • Corporations / Businesses1.61%
  • Other0.01%
Services
Portfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Envestnet Portfolio Solutions, Inc. is a corporate RIA-type platform that has been SEC-registered since 1993. It positions itself as a multi-client portfolio manager and adviser-of-advisers, providing portfolio management for individuals, small businesses and institutional clients and the selection of third‑party advisers. The firm also operates as a distributor of other financial products and reports an active ESG investing stance. Its fee arrangements include percentage-of-AUM, subscription and fixed fees, plus other fee structures. Industry affiliations noted in regulatory filings include broker‑dealer relationships, insurance company links, commodity pool/CTA activity, and roles as sponsor/GP/managing member of pooled investment vehicles.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 86%, Exchange Traded Equities 9%, Cash & Cash Equivalents 3%, State & Local Bonds 2%86%
  • Public Funds/Mutual Funds86%
  • Exchange Traded Equities9%
  • Cash & Cash Equivalents3%
  • State & Local Bonds2%

Owners & executives

3 of 6
  • DEBRA DEVOE

    Chief Compliance OfficerCRD 2372586

  • CHRISTOPHER TODD

    Chief Executive OfficerCRD 2275948

  • SHELLY O'BRIEN

    Chief Legal OfficerCRD 4520223

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Contacts

3 of 4
  • ANDREW SIMONETTI

    VP, Relationship ManagerCRD 2823258

  • KATHRYN EVANS

    Senior Vice PresidentCRD 2788543

  • ANDREW STAVARIDIS

    Executive Manager DirectorCRD 5217147

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 636

Active vs passive

$17.1B in ETFs

Passive

69%

$11.7B

Active

26%

$5.4B

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES RUSSELL TOP 200 GROWTH ETF (IWY)BlackRockPassiveLarge Growth$1.2B4,738,4886.88%

Location

Primary office

CHICAGO, IL

COOK

Location

CHICAGO, IL

Headquartered in CHICAGO, IL, anchoring the Chicago-Naperville, IL-IN-WI metro in the Midwest.

Metro area
Chicago-Naperville, IL-IN-WI
Region
Midwest
County
COOK
Address
222 N La Salle St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth