DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Envestnet Portfolio Solutions, Inc.

Independent wealth managerBerwyn, PennsylvaniaCRD 109662SEC 801-43579website IAPD

Latest filing Jun 30, 2026

First filing on the tape Dec 19, 2011 · 57 filings

SEC status approved since Mar 25, 1993

RAUM

$17B

reported, Item 5.F

Discretionary

100%

of RAUM

Private clients

98%

$17B individuals and HNW

Advisors

registered through the firm on IAPD

RAUM per advisor

$5.8B

derived; firm RAUM over IAPD count

Employees

532

178 advisory (5.B.1)

Offices

beyond the principal office

Private funds

reported on Schedule D

History

57 filings and snapshots on the tape

RAUM$17B as of Jun 30, 2026

Mar 30, 2012$5.8B then

HNW client RAUM$4.4B as of Jun 30, 2026

Mar 31, 2018$2.2B then

State-registered IARs (5.B.3)59 as of Jun 30, 2026

Mar 28, 20136 then

Employees (5.A)532 as of Jun 30, 2026

Mar 28, 201339 then

Private funds: no history

RAUM -41% over the last fiscal year-21% a year over threeIARs 60 to 59offices 2 to 1

Practice profile

derived from the filing of Jun 30, 2026; every figure names its basis

Archetypes, each a printed rule

Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM

RAUM per advisor: $5.8BderivedRAUM over IAPD advisors; not a book size
Clients per advisor: 20,074derivedindividual and HNW clients (5.D) over advisors
Average HNW client: $1.7MderivedHNW RAUM over HNW clients
Average account: $285,996derivedRAUM over accounts (5.F.2.f)
Discretionary: 100%derivedof RAUM
Institutional: 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor: 177.3derivedItem 5.A over advisors
Advisors per office: 1.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year: -41%derivedbetween the last two annual amendments
Advisor growth, one year: -1.7%derivedItem 5.B.3 between annual amendments
Client growth, one year: -53%derived
Compensation: percentage of assets, fixed fees, subscription, otherreportedItem 5.E
Advisory activities: portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Wrap fee program: participatesreportedItem 5.I
Custody: $29.4M, 178 clientsreportedItem 9.A
Ownership: no PE, bank or public-company owner found on Schedule Aderived
Advisor book size: not public; not estimatedreported

Also answered yes on Form ADV

buys or sells securities as principal to or from clients (8.A.2)
has discretionary authority over which securities are bought or sold (8.C.1)
has custody of client cash or bank accounts (9.A.1.a)
has custody of client securities (9.A.1.b)
an independent public accountant performs a surprise examination (9.C.1)
marketing includes hypothetical performance (5.L.3)

Where the RAUM sits

Form ADV Item 5.D, latest filing

Individuals$13B73%
High-net-worth individuals$4.4B25%
Corporations and businesses$279M1.6%

Individual clients: 57,665reported
HNW clients: 2,557reported
Pension plan clients: 0reported
Charitable clients: 0reported
Accounts: 60,663reported
Financial planning clients: reported
Wrap fee programs: $0 sponsored, $17B managedreported
Custody of client assets: $29.4M for 178 clientsreported
Compensation: % of AUM, fixedreported
Class basis: private_client_share=0.98 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=7.0 bank_owner=falsederived

Advisors registered through the firm

3 on IAPD today, longest tenure first

Name	Branch	Here since	In industry	Prior firms
Andrew Arthur Stavaridis	Wellesley, Ma	Sep 22, 2006	27 y	0
Kipp Richard Cormier	Berwyn, Pa	Jul 20, 2011	17 y	2
Debra Jane Devoe	Berwyn, Pa	Jul 8, 2014	27 y	2

Advisor movement

0 left, 0 joined in 12 months

net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months

Left, latest

Robert Lee Vines to Fidelity Institutional Wealth Adviser LLC
Oct 18, 2019 · Affiliated broker-dealer or bank to a newly registered adviser
Matthew Shriber to American Beacon Advisors, Inc.
Dec 20, 2011 · Other
Mark David Balfour to LPL Financial LLC
Dec 20, 2011 · Other
James John Bulger to Assetmark, Inc.
May 23, 2011 · Other
Carl David Robinson to Curian Capital, LLC
May 5, 2011 · Other
Scott K Tobey to Signator Investors, Inc.
Mar 19, 2010 · Other
Lindsey Cain Bulger to Pgim Investments LLC
Mar 19, 2010 · Other
Kipp Richard Cormier to Family Wealth Architects LLC
Dec 31, 2008 · Other
James Alexander Wiegel to Wellesley Asset Management, Inc.
Jan 23, 2008 · Other
Blake Thornton Headley to Pfic Advisors, Inc.
Jul 27, 2005 · Other
Erika Ann Milosevich to Cetera Investment Advisers LLC
Feb 27, 2004 · Other
Shelley Kay Magnani to LPL Financial LLC
Jan 8, 2004 · Other
Arnold Helmut Presser to Ifmg Securities, Inc.
Jul 10, 2003 · Other

Joined, latest

Matthew Shriber from Directed Services LLC
Oct 4, 2011 · Other
Mark David Balfour from Putnam Investment Management, LLC
Aug 18, 2011 · Other
Kipp Richard Cormier from Family Wealth Architects LLC
Jul 20, 2011 · Other
Robert Lee Vines from Merrill Lynch, Pierce, Fenner & Smith Incorporated
Oct 28, 2010 · Other

Every departure Every arrival

Private funds

No private fund reported.

Owners and control persons

Schedule A and B, latest filing

Marie Dana D'Auria · Co-Ciocontrol
since 09/2020 · owns less than 5%
Michele Kathryn Evans · Chief Operations Officercontrol
since 01/2025 · owns less than 5%
Lawrence James Fox · Interim Chief Executive Officercontrol
since 04/2024 · owns less than 5%
John Hofmann · Chief Financial Officercontrol
since 09/2025 · owns less than 5%
S Shelly O'Brien · Corporate Secretarycontrol
since 09/2025 · owns less than 5%
Michael Thomas Sipp · Evp, Envestnet Business Linescontrol
since 12/2022 · owns less than 5%
Rockwell Brandon Thomas · Co-Ciocontrol
since 12/2011 · owns less than 5%
Russell Christopher Todd · Chief Executive Officercontrol
since 02/2025 · owns less than 5%
B. Joshua Warren · Chief Financial Officercontrol
since 01/2024 · owns less than 5%
Jane Debra Devoe · Chief Compliance Officer
since 01/2014 · owns less than 5%

Entity owners

Envestnet, Inc. · Shareholder
direct · owns 75% or more
Bcpe Pequod Buyer, Inc. · Owner
indirect · owns 75% or more of Envestnet, Inc.
Bcpe Pequod Intermediate, LLC · Owner
indirect · owns 75% or more of Bcpe Pequod Buyer, Inc.
Bcpe Pequod Investor, LP · Owner
indirect · owns 50% to 75% of Bcpe Pequod Topco, LP
Bcpe Pequod Parent , Inc. · Owner
indirect · owns 75% or more of Bcpe Pequod Intermediate, LLC
Bcpe Pequod Topco, LP · Owner
indirect · owns 75% or more of Bcpe Pequod Parent , Inc.
Bain Capital Fund Xiii, L.P. · Owner
indirect · owns 25% to 50% of Bcpe Pequod Investor, LP

Related persons

Schedule D 7.A

Ac Wealth Partners
investment advisernRAUM $1.1B
Envestnet Pmc
investment advisernRAUM $615B
Envestnet Retirement Solutions, LLC
investment advisernRAUM $16B
Envestnet Securities, Inc.
broker-dealern
Fdx Advisors, Inc.
investment advisernRAUM $833M
Fidx Group LLC
real estaten
Fidx Markets LLC
broker-dealern
Qrg Capital Management, Inc.
investment advisernRAUM $11B

Advisers that list Envestnet Portfolio Solutions, Inc. as a related person

Office movement

IAPD branch city; joins and departures in 12 months

Office	Advisors	Joined	Left	Teams out	Forming
Berwyn, Pa · principal	2	0	0

Offices

Schedule D 1.F, the 25 largest

Berwyn, PA86 employees
Denver, CO31 employees

ADV anomalies

12 against comparable advisers; where to look, not conclusions

very high RAUM per advisorStatic outlier · filing Jun 30, 2026
RAUM per registered advisor of $5,783,119,869 against a peer median of $234,120,923 (250 comparable advisers, 100.0th percentile, 24.8 robust deviations)
peers: independent wealth managers, $5B to $20B (250) · 100% percentile
unusually high clients per advisorStatic outlier · filing Jun 30, 2026
private clients per advisor of 20,074.0 against a peer median of 61.3 (231 comparable advisers, 100.0th percentile, 411.4 robust deviations)
peers: independent wealth managers, $5B to $20B (231) · 100% percentile
control person changedChange between filings · filing Jun 30, 2026
FOX, JAMES, LAWRENCE (INTERIM CHIEF EXECUTIVE OFFICER) left Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jun 30, 2026
TODD, CHRISTOPHER, RUSSELL (CHIEF EXECUTIVE OFFICER) appeared on Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jun 30, 2026
EVANS, KATHRYN, MICHELE (CHIEF OPERATIONS OFFICER) appeared on Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jun 30, 2026
SIPP, THOMAS, MICHAEL (EVP, ENVESTNET BUSINESS LINES) left Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jun 30, 2026
Hofmann, John (CHIEF FINANCIAL OFFICER) appeared on Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
control person changedChange between filings · filing Jun 30, 2026
WARREN, JOSHUA, B. (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-12-06 and 2026-06-30
peers: independent wealth managers, $5B to $20B (289)
RAUM down advisors stableCombination · filing Apr 13, 2026
RAUM fell 25 percent or more while the advisor count stayed within 5 percent: assets left without people leaving (a large client or institutional mandate, a fee change, or a reporting change). RAUM $29,340,201,923 to $17,349,359,607, advisors 60 to 59, private clients 128976 to 60222, offices 2 to 2 (2025-03-31 to 2026-04-13)
peers: independent wealth managers, $5B to $20B (289)
client count collapseChange between filings · filing Apr 13, 2026
individual and HNW clients (Item 5.D) moved from 128,976.0 to 60,222.0 (-53.0%) between the annual amendments of 2025-03-31 and 2026-04-13; the peer median change was +6.0% (224 comparable advisers, 0.0th percentile of changes)
peers: independent wealth managers, $5B to $20B (224) · 0.4% percentile
account count collapseChange between filings · filing Apr 13, 2026
accounts (Item 5.F.2.f) moved from 129,586.0 to 60,663.0 (-53.0%) between the annual amendments of 2025-03-31 and 2026-04-13; the peer median change was +8.0% (253 comparable advisers, 2.0th percentile of changes)
peers: independent wealth managers, $5B to $20B (253) · 1.6% percentile
RAUM down 25 %Change between filings · filing Apr 13, 2026
RAUM (Item 5.F) moved from $29,340,201,923 to $17,349,359,607 (-41.0%) between the annual amendments of 2025-03-31 and 2026-04-13; the peer median change was +18.0% (271 comparable advisers, 0.0th percentile of changes)
peers: independent wealth managers, $5B to $20B (271) · 0.0% percentile

How anomalies are measured

What changed

consecutive filings, newest first

HQ city · CHICAGO to BERWYN
Apr 13, 2026 to Jun 30, 2026
HQ state · IL to PA
Apr 13, 2026 to Jun 30, 2026
Other offices · 2 to 1
Apr 13, 2026 to Jun 30, 2026
Wrap assets (manager) · $29B to $17B
Mar 31, 2026 to Apr 13, 2026
Accounts · 129,586 to 60,663
Nov 19, 2025 to Mar 31, 2026
Advisory employees · 187 to 178
Nov 19, 2025 to Mar 31, 2026
BD registered reps · 3 to 7
Nov 19, 2025 to Mar 31, 2026
Corporate clients · 539 to 418
Nov 19, 2025 to Mar 31, 2026
HNW clients · 3,327 to 2,557
Nov 19, 2025 to Mar 31, 2026
Individual clients · 125,649 to 57,665
Nov 19, 2025 to Mar 31, 2026
Assets in custody · $751M to $29.4M
Nov 19, 2025 to Mar 31, 2026
Employees · 394 to 532
Nov 19, 2025 to Mar 31, 2026
Insurance-licensed employees · 56 to 3
Nov 19, 2025 to Mar 31, 2026
State-registered IARs · 60 to 59
Nov 19, 2025 to Mar 31, 2026
Discretionary RAUM · $29B to $17B
Nov 19, 2025 to Mar 31, 2026
HNW RAUM · $5.7B to $4.4B
Nov 19, 2025 to Mar 31, 2026
Individual RAUM · $23B to $13B
Nov 19, 2025 to Mar 31, 2026
RAUM · $29B to $17B
Nov 19, 2025 to Mar 31, 2026
Wrap assets (manager) · unset to 28697221573.0
Nov 19, 2025 to Mar 31, 2026
Wrap assets (sponsor) · unset to 0.0
Nov 19, 2025 to Mar 31, 2026
Financial planning clients · unset to
Mar 31, 2025 to Jul 1, 2025
Accounts · 178,852 to 129,586
Feb 18, 2025 to Mar 31, 2025
Advisory employees · 273 to 187
Feb 18, 2025 to Mar 31, 2025
Charity clients · 460 to 0
Feb 18, 2025 to Mar 31, 2025
Corporate clients · 2,344 to 539
Feb 18, 2025 to Mar 31, 2025
HNW clients · 3,746 to 3,327
Feb 18, 2025 to Mar 31, 2025
Individual clients · 172,112 to 125,649
Feb 18, 2025 to Mar 31, 2025
Assets in custody · $1.4B to $751M
Feb 18, 2025 to Mar 31, 2025
Employees · 415 to 394
Feb 18, 2025 to Mar 31, 2025
Discretionary RAUM · $40B to $29B
Feb 18, 2025 to Mar 31, 2025
HNW RAUM · $7.7B to $5.7B
Feb 18, 2025 to Mar 31, 2025
Individual RAUM · $28B to $23B
Feb 18, 2025 to Mar 31, 2025
RAUM · $40B to $29B
Feb 18, 2025 to Mar 31, 2025
Related bank · false to true
Sep 3, 2024 to Dec 6, 2024
Accounts · 178,147 to 178,852
Jan 24, 2024 to Mar 28, 2024
Advisory employees · 313 to 273
Jan 24, 2024 to Mar 28, 2024
BD registered reps · 0 to 3
Jan 24, 2024 to Mar 28, 2024
Charity clients · 479 to 460
Jan 24, 2024 to Mar 28, 2024
Corporate clients · 2,391 to 2,344
Jan 24, 2024 to Mar 28, 2024
HNW clients · 2,810 to 3,746
Jan 24, 2024 to Mar 28, 2024

Signals

20 dated events

Envestnet Portfolio Solutions, Inc. reported RAUM $17.3B, down 41% from $29.3B (2025-11-19 to 2026-03-31)
Mar 31, 2026 · RAUM change · derived
Envestnet Portfolio Solutions, Inc. reported RAUM $29.3B, down 27% from $40.5B (2025-02-18 to 2025-03-31)
Mar 31, 2025 · RAUM change · derived
Envestnet Portfolio Solutions, Inc. reported 60 state-registered advisory representatives, up from 4 (2024-01-24 to 2024-03-28)
Mar 28, 2024 · Advisor headcount change · derived
Lawrence James Fox (Interim Chief Executive Officer) appeared on Schedule A of Envestnet Portfolio Solutions, Inc.
Mar 28, 2024 · Control person joined · fact
C. William Crager (Ceo) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2024-01-24, absent 2024-03-28)
Mar 28, 2024 · Control person left · inference
Michael Robert Coppola (Chief Technology Officer) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2024-01-24, absent 2024-03-28)
Mar 28, 2024 · Control person left · inference
H Peter Darrigo (Chief Financial Officer) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2023-11-13, absent 2024-01-24)
Jan 24, 2024 · Control person left · inference
David Joshua Mayer (Chief Operating Officer) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2023-11-13, absent 2024-01-24)
Jan 24, 2024 · Control person left · inference
B. Joshua Warren (Chief Financial Officer) appeared on Schedule A of Envestnet Portfolio Solutions, Inc.
Jan 24, 2024 · Control person joined · fact
Envestnet Portfolio Solutions, Inc. reported 4 state-registered advisory representatives, down from 54 (2023-02-22 to 2023-03-31)
Mar 31, 2023 · Advisor headcount change · derived
Michael Robert Coppola (Chief Technology Officer) appeared on Schedule A of Envestnet Portfolio Solutions, Inc.
Feb 1, 2023 · Control person joined · fact
Michael Thomas Sipp (Evp, Envestnet Business Lines) appeared on Schedule A of Envestnet Portfolio Solutions, Inc.
Feb 1, 2023 · Control person joined · fact
Envestnet Portfolio Solutions, Inc. reported RAUM $44.6B, up 29% from $34.4B (2022-02-03 to 2022-03-31)
Mar 31, 2022 · RAUM change · derived
Marie Dana D'Auria (Co-Cio) appeared on Schedule A of Envestnet Portfolio Solutions, Inc.
Mar 31, 2021 · Control person joined · fact
David Scott Grinis (Evp/Chief Technology Officer) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2021-01-27, absent 2021-03-31)
Mar 31, 2021 · Control person left · inference
Envestnet Portfolio Solutions, Inc. reported RAUM $28.4B, up 63% from $17.4B (2019-11-11 to 2020-04-17)
Apr 17, 2020 · RAUM change · derived
Joseph Dale Seier (Controller) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2019-11-11, absent 2020-04-17)
Apr 17, 2020 · Control person left · inference
T Judson Bergman (Chairman, Ceo And Director) no longer on Schedule A of Envestnet Portfolio Solutions, Inc. (listed 2019-05-08, absent 2019-11-11)
Nov 11, 2019 · Control person left · inference
Envestnet Portfolio Solutions, Inc. reported RAUM $16.6B, up 39% from $12.0B (2018-03-16 to 2018-03-31)
Mar 31, 2018 · RAUM change · derived
Envestnet Portfolio Solutions, Inc. reported 63 state-registered advisory representatives, up from 6 (2017-09-28 to 2018-03-16)
Mar 16, 2018 · Advisor headcount change · derived

Across DFX

shared identifiers only, never a name match

Envestnet Portfolio Solutions, Inc. · Private Equity
shared crd · intermediary

How to reach

public business contact points only, each with its source

Firm profile: linkedin.com/company/envestnetreportedpublic record, Form ADV, Sep 17, 2026
Website: envestnet.blogreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone: 312-827-2800reportedpublic record, Form ADV, Jun 30, 2026

Provenance

Form ADV: SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors: IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class: Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor: $5.8Bderivedfirm RAUM over the IAPD count; not a book size
Loaded: Sep 14, 2026