The ENVESTNET PORTFOLIO SOLUTIONS GROUP is a privately held investment adviser that advises $660.6Bn in regulatory assets under management held in 0 SEC fund types across 2 investment strategies. ENVESTNET PORTFOLIO SOLUTIONS GROUP is a Retail Wealth A retail wealth manager is a manager whose >=75% of total assets under management are managed for individual investors through retail advisory or brokerage channels. Manager. Assets increased by 161.79% over the last 5-years.
The Group has been registered with the SEC for 39.11 years and is comprised of 5 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 1000 CHESTERBROOK BOULEVARD , SUITE 250, BERWYN, PENNSYLVANIA. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 585 employees comprised of 209 investment and 376 non-investment staff. The total number of Employees increased by 5.79% over the last 5-years.
Their $660.6Bn in assets advised are owned by 420 private funds, 4 public funds and BDCs and 26,998 other accounts. Assets of Individuals clients own $406.54Bn or 61.54% of Total Assets and High Net Worth Individuals own $199.81Bn or 30.25% of Total Assets.
The Group's top investment strategies include Long/Short Equity and FI/Credit - Diverse, representing 74.01% and 25.99% of total assets, respectively.
They advise 9 types of clients, top clients are Individuals and High Net Worth Individuals.
The Group uses 1 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 1 Custodians and 1 Marketers. It does not report a third-party Fund Administrator in 0 private funds with $0 in assets.
The Group discloses advisory fees, fixed fees and management fees.
ENVESTNET PORTFOLIO SOLUTIONS GROUP names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.