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Envestnet (ENV) Q4 2021 Earnings Call Transcript

ENV earnings call for the period ending December 31, 2021. ....

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Envestnet, inc (ENV) Q2 2021 Earnings Call Transcript

Envestnet, inc (ENV) Q2 2021 Earnings Call Transcript
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Envestnet Inc (ENV) Q1 2021 Earnings Call Transcript

Operator
Good day, everyone, and welcome to the Envestnet First Quarter 2021 Earnings Conference Call. [Operator Instructions] As a reminder, today s call is being recorded.
At this time, I would like to turn the conference over to Ms. Stephanie Daukus, Investor Relations. Thank you. Please go ahead.
Stephanie Daukus
Investor Relations
Thank you, and good afternoon. With me on today s call are Bill Crager, Chief Executive Officer; and Pete D Arrigo, Chief Financial Officer. Our first quarter 2021 earnings press release, supplemental presentation and associated Form 8-K can be found at envestnet.com, under the Investor Relations section.
During the call, we will be discussing certain forward-looking information. Such comments are not guarantees of future performance, and therefore, you should not put undue reliance on them. We also will be discussing certain non-GAAP information. Please refer to our press release and SEC filings for more information on fo ....

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Envestnet boosts expenses to build new financial ecosystem

Envestnet boosts expenses to build new financial ecosystem
Envestnet plans to ramp up investments into a digital financial wellness ecosystem that connects multiple aspects of a user s financial journey.
February 26, 2021
2
MINS
After posting an 11% increase in revenue for year-end 2020, Envestnet revealed it added $30 million to its operating expenses this year partly dedicated to building a digital “financial wellness ecosystem,” according to the company’s fourth quarter earnings released Thursday.
Envestnet plans to leverage the additional operating expense to curate, connect and orchestrate everything that can impact a consumer’s financial life, said co-founder and CEO Bill Crager.
“Today, most people have two distinct financial lives, how they interact with their money each day, and then have a plan for their money into the future,” Crager said during the earnings call. “Neither of these connects with each ot ....

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