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 Pmc

Independent wealth managerBerwyn, PennsylvaniaCRD 111694SEC 801-57260websiteIAPD
Legal name Envestnet Asset Management, Inc.
Latest filing Jun 30, 2026
First filing on the tape Mar 30, 2012 · 75 filings
SEC status approved since Feb 10, 2000
RAUM
$615B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$579B individuals and HNW
Advisors
60
registered through the firm on IAPD
RAUM per advisor
$10B
derived; firm RAUM over IAPD count
Employees
532
178 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
75 filings and snapshots on the tape
RAUM$615B as of Jun 30, 2026
Mar 30, 2012$17B then
HNW client RAUM$191B as of Jun 30, 2026
Mar 31, 2018$19B then
State-registered IARs (5.B.3)56 as of Jun 30, 2026
Mar 28, 201350 then
Employees (5.A)532 as of Jun 30, 2026
Mar 28, 2013790 then
Private funds: no history
RAUM +16% over the last fiscal year+21% a year over threeIARs 57 to 56offices 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
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$10BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36,987derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.0MderivedHNW RAUM over HNW clients
Average account
$274,357derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
8.9derivedItem 5.A over advisors
Advisors per office
30.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+16%derivedbetween the last two annual amendments
Advisor growth, one year
-1.8%derivedItem 5.B.3 between annual amendments
Client growth, one year
+11%derived
Compensation
percentage of assets, fixed fees, subscription, otherreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consulting, selection of other advisers, publications, otherreportedItem 5.G
Wrap fee program
$144BreportedItem 5.I
Custody
$50B, 108,240 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$388B63%
  • High-net-worth individuals$191B31%
  • Corporations and businesses$24B3.9%
  • Charitable organizations$7.2B1.2%
  • Investment companies$4.2B0.7%
  • State and municipal entities$104M0.0%
Individual clients
2,125,667reported
HNW clients
93,557reported
Pension plan clients
0reported
Charitable clients
5,162reported
Accounts
2,241,364reported
Financial planning clients
reported
Wrap fee programs
$0 sponsored, $446B managedreported
Custody of client assets
$50B for 108,240 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.94 fund_share=0.01 institutional_share=0.01 related_bd=true related_bank=true bd_reps=7.0 bank_owner=falsederived
Advisors registered through the firm
59 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Brandon Rockwell ThomasLake Forest, Il Oct 22, 200436 y0
Aaron David BauerChicago, IlMay 25, 200524 y0
Matthew Aubrey EricksonBerwyn, PaMay 2, 200725 y2
Michael Hoffer FeathermanChartered Financial AnalystBerwyn, Pa Oct 2, 200724 y0
Seth Garrett WagerBerwyn, PaNov 16, 200731 y0
Jennifer Marie TarnoffNaperville, Il Jul 6, 201122 y3
Todd Douglas RaisBerwyn, Pa Jun 20, 201215 y1
Alan Robert KreuzbergerDenver, Co Feb 12, 201416 y2
Calvin Don BryantChartered Financial AnalystFrisco, Tx Jan 29, 201527 y1
Rachel B MandeixBerkley, Ma Apr 27, 201513 y1
Andre Charles BehrmannMedfield, Ma May 12, 201529 y1
Michael Andrew PescatoreArlington, Ma May 12, 201530 y1
Lacey Blair ZavelovichHighland Park , Il May 11, 201618 y3
Denise Marie DianaBerwyn, Pa Aug 23, 201625 y2
David Lee HeinBerwyn, PaJul 31, 201723 y3
Richard Andrew StanekBerwyn, Pa Feb 22, 201818 y0
Enrique Jorge GelpiGreenville, Sc May 3, 201819 y1
Sean Thomas HumphreysBerwyn, Pa Apr 16, 201912 y0
Megan L. MeadBerwyn, PaMay 2, 201918 y2
Andrew David BrickBerwyn, PaAug 6, 201913 y1
Dana Marie D'AuriaChartered Financial AnalystBerwyn, Pa Jul 8, 202120 y1
Catherine Theresa ReeseBerwyn, PaOct 18, 202125 y5
Ryan S. HorvathBerwyn, Pa Oct 22, 202110 y1
Mark Jason McmahonChartered Financial ConsultantPortland, Or Feb 4, 202216 y2
Steven David MisheikisBerwyn, Pa Aug 12, 202221 y0
Russell Charles ColburnBerwyn, Pa Sep 23, 202220 y0
Anthony John DelmastroBerwyn, Pa Nov 4, 202215 y1
Nathan Lloyd JohnsonBerwyn, Pa Nov 9, 202215 y1
Joseph Thomas HeidemanBerwyn, Pa Jan 11, 202319 y0
Nathan Edward YatesClintwood, Va Mar 1, 202312 y0
Regan Burke RyanBerwyn, Pa May 19, 202322 y0
Brian J ConnellyCertified Financial PlannerBerwyn, Pa May 24, 202315 y3
Brian Patrick MallenDowners Grove, Il Jun 28, 202313 y0
Michael James DrevenyBerwyn, Pa Jun 29, 202315 y0
Robert W RiggsBerwyn, Pa Jun 29, 202324 y0
Thomas Gill BakerChartered Financial AnalystSparks, Md Jan 12, 202434 y3
John Warren BuckeyBerwyn, Pa Jan 23, 202410 y2
Kevin Patrick St. ClairBerwyn, PaJan 26, 202420 y1
James F ConybearCertified Financial PlannerBerwyn, Pa May 7, 202411 y1
Shannon Michelle MasseyBerwyn, Pa Aug 2, 202430 y1
All 59 advisors at Envestnet Pmc
Advisor movement
1 left, 6 joined in 12 months
net +5 in 12 months0 left in 90 days6 joined in 90 daysdeparture rate 1.7% of current headcount7 left over 36 months
Left, latest
Joined, latest
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 09/2001 · 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
Advisers that list Envestnet Pmc as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Berwyn, Pa · principal5891
Denver, Co500
Chicago, Il210
Naperville, Il200
Raleigh, Nc220
Avon Lake, Oh000
Mill Valley, Ca000
Offices
Schedule D 1.F, the 25 largest
  • Berwyn, PA86 employees
  • Denver, CO31 employees
ADV anomalies
7 against comparable advisers; where to look, not conclusions
  • unusually high clients per advisorStatic outlier · filing Jun 30, 2026
    private clients per advisor of 36,987.1 against a peer median of 82.6 (56 comparable advisers, 98.0th percentile, 436.8 robust deviations)
    peers: independent wealth managers, $20B and over (56) · 98% percentile
  • 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, $20B and over (84)
  • 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, $20B and over (84)
  • 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, $20B and over (84)
  • 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, $20B and over (84)
  • 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, $20B and over (84)
  • 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, $20B and over (84)
What changed
consecutive filings, newest first
  • HQ city · CHICAGO to BERWYN
    Apr 10, 2026 to Jun 30, 2026
  • HQ state · IL to PA
    Apr 10, 2026 to Jun 30, 2026
  • Other offices · 2 to 1
    Apr 10, 2026 to Jun 30, 2026
  • Accounts · 2,021,610 to 2,241,364
    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
  • Charity clients · 4,870 to 5,162
    Nov 19, 2025 to Mar 31, 2026
  • Corporate clients · 14,465 to 15,422
    Nov 19, 2025 to Mar 31, 2026
  • HNW clients · 79,195 to 93,557
    Nov 19, 2025 to Mar 31, 2026
  • Individual clients · 1,922,113 to 2,125,667
    Nov 19, 2025 to Mar 31, 2026
  • Assets in custody · $83B to $50B
    Nov 19, 2025 to Mar 31, 2026
  • Employees · 394 to 532
    Nov 19, 2025 to Mar 31, 2026
  • State-registered IARs · 57 to 56
    Nov 19, 2025 to Mar 31, 2026
  • Discretionary RAUM · $532B to $615B
    Nov 19, 2025 to Mar 31, 2026
  • HNW RAUM · $165B to $191B
    Nov 19, 2025 to Mar 31, 2026
  • Individual RAUM · $335B to $388B
    Nov 19, 2025 to Mar 31, 2026
  • RAUM · $532B to $615B
    Nov 19, 2025 to Mar 31, 2026
  • Wrap assets (manager) · $265B to $446B
    Nov 19, 2025 to Mar 31, 2026
  • Financial planning clients · unset to
    Mar 31, 2025 to Jul 1, 2025
  • Accounts · 1,821,809 to 2,021,610
    Feb 18, 2025 to Mar 31, 2025
  • Advisory employees · 273 to 187
    Feb 18, 2025 to Mar 31, 2025
  • Charity clients · 3,836 to 4,870
    Feb 18, 2025 to Mar 31, 2025
  • Corporate clients · 13,465 to 14,465
    Feb 18, 2025 to Mar 31, 2025
  • HNW clients · 43,574 to 79,195
    Feb 18, 2025 to Mar 31, 2025
  • Individual clients · 1,760,091 to 1,922,113
    Feb 18, 2025 to Mar 31, 2025
  • Assets in custody · $73B to $83B
    Feb 18, 2025 to Mar 31, 2025
  • Employees · 415 to 394
    Feb 18, 2025 to Mar 31, 2025
  • Insurance-licensed employees · 4 to 3
    Feb 18, 2025 to Mar 31, 2025
  • Discretionary RAUM · $426B to $532B
    Feb 18, 2025 to Mar 31, 2025
  • HNW RAUM · $89B to $165B
    Feb 18, 2025 to Mar 31, 2025
  • Individual RAUM · $314B to $335B
    Feb 18, 2025 to Mar 31, 2025
  • RAUM · $426B to $532B
    Feb 18, 2025 to Mar 31, 2025
  • Wrap assets (manager) · $0 to $265B
    Feb 18, 2025 to Mar 31, 2025
  • Related bank · false to true
    Sep 3, 2024 to Dec 6, 2024
  • Accounts · 1,713,518 to 1,821,809
    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 · 3,253 to 3,836
    Jan 24, 2024 to Mar 28, 2024
  • Corporate clients · 13,484 to 13,465
    Jan 24, 2024 to Mar 28, 2024
  • HNW clients · 42,277 to 43,574
    Jan 24, 2024 to Mar 28, 2024
Signals
28 dated events
  • Eric Donato left Envestnet Pmc for J.P. Morgan Securities Llc (registered 2026-06-04)
    May 26, 2026 · Advisor changed firm · fact
  • Michael James Ferraro left Envestnet Pmc for Alliancebernstein L.P. (registered 2025-04-25)
    Apr 22, 2025 · Advisor changed firm · fact
  • Jean A. Heath left Envestnet Pmc for Clearstead; Clearstead Advisory Solutions (registered 2025-06-12)
    Aug 26, 2024 · Advisor changed firm · fact
  • Catherine Min Soo Park left Envestnet Pmc for Ubs Financial Services Inc. (registered 2024-07-30)
    Jul 26, 2024 · Advisor changed firm · fact
  • James Bernard Mcglynn left Envestnet Pmc for Fidelity Institutional Wealth Adviser Llc (registered 2025-06-09)
    Apr 26, 2024 · Advisor changed firm · fact
  • Danielle Fava left Envestnet Pmc for Cwm, Llc (registered 2024-04-22)
    Apr 5, 2024 · Advisor changed firm · fact
  • C. William Crager (Ceo) no longer on Schedule A of Envestnet Pmc (listed 2024-01-24, absent 2024-03-28)
    Mar 28, 2024 · Control person left · inference
  • Robert Michael Coppola (Chief Technology Officer) no longer on Schedule A of Envestnet Pmc (listed 2024-01-24, absent 2024-03-28)
    Mar 28, 2024 · Control person left · inference
  • Lawrence James Fox (Interim Chief Executive Officer) appeared on Schedule A of Envestnet Pmc
    Mar 28, 2024 · Control person joined · fact
  • H Peter Darrigo (Chief Financial Officer) no longer on Schedule A of Envestnet Pmc (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 Pmc (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 Pmc
    Jan 24, 2024 · Control person joined · fact
  • Trinity S. Gray left Envestnet Pmc for J.P. Morgan Securities Llc (registered 2023-12-22)
    Sep 28, 2023 · Advisor changed firm · fact
  • Victoria Noelle Singletary left Envestnet Pmc for Orion Portfolio Solutions, Llc (registered 2023-07-25)
    Jul 21, 2023 · Advisor changed firm · fact
  • Malcolm Kirk Leslie left Envestnet Pmc for Orion Portfolio Solutions, Llc (registered 2026-04-01)
    Jun 9, 2023 · Advisor changed firm · fact
  • Daniel Christopher Gorman left Envestnet Pmc for Rothschild Wealth Llc (registered 2023-06-06)
    Mar 7, 2023 · Advisor changed firm · fact
  • Michael Thomas Sipp (Evp, Envestnet Business Lines) appeared on Schedule A of Envestnet Pmc
    Feb 1, 2023 · Control person joined · fact
  • Kevin Sungjean Hong left Envestnet Pmc for Lpl Financial Llc (registered 2025-03-25)
    Oct 31, 2022 · Advisor changed firm · fact
  • Envestnet Pmc reported RAUM $312.6B, up 39% from $224.7B (2022-02-03 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • Luke John Vinnola left Envestnet Pmc for D.A. Davidson & Co. (registered 2022-02-15)
    Feb 16, 2022 · Advisor changed firm · fact
  • Envestnet Pmc reported RAUM $224.7B, up 28% from $175.3B (2021-01-27 to 2021-03-31)
    Mar 31, 2021 · RAUM change · derived
  • Marie Dana D'Auria (Co-Cio) appeared on Schedule A of Envestnet Pmc
    Mar 31, 2021 · Control person joined · fact
  • Robert Michael Coppola (Chief Technology Officer) appeared on Schedule A of Envestnet Pmc
    Mar 31, 2021 · Control person joined · fact
  • David Scott Grinis (Evp/Chief Technology Officer) no longer on Schedule A of Envestnet Pmc (listed 2021-01-27, absent 2021-03-31)
    Mar 31, 2021 · Control person left · inference
  • Envestnet Pmc reported RAUM $175.3B, up 39% from $126.5B (2020-01-16 to 2020-04-17)
    Apr 17, 2020 · RAUM change · derived
  • Joseph Dale Seier (Controller) no longer on Schedule A of Envestnet Pmc (listed 2020-01-16, 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 Pmc (listed 2019-05-07, absent 2019-11-11)
    Nov 11, 2019 · Control person left · inference
  • Envestnet Pmc reported RAUM $124.9B, up 34% from $93.2B (2018-03-16 to 2018-03-31)
    Mar 31, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
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
$10Bderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026