{
  "crd_number": 111694,
  "slug": "envestnet-pmc-berwyn-pa-111694",
  "primary_business_name": "ENVESTNET PMC",
  "legal_name": "ENVESTNET ASSET MANAGEMENT, INC.",
  "dbas": [
    "ENVESTNET PMC"
  ],
  "city": "Berwyn",
  "state": "PA",
  "country": "United States",
  "cbsa_code": "37980",
  "metro": {
    "cbsa_code": "37980",
    "common_name": "Philadelphia",
    "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD",
    "path": "/advisors/pa/philadelphia"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2000-02-10",
  "years_registered": 26,
  "period": "2026-10-01",
  "filing_date": "2026-06-30",
  "carried_forward": false,
  "raum_total": 614933249744.0,
  "raum_discretionary": 614933249744.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 532,
  "advisory_employees": 178,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 802793253.0,
      "count": 783,
      "description": "DO NOT FIT CATEGORIES ABOVE"
    },
    "charitable": {
      "raum": 7188591300.0,
      "count": 5162
    },
    "individuals": {
      "raum": 387574646773.0,
      "count": 2125667
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 104002762.0,
      "count": 769
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 4219169715.0,
      "count": 4
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 191217429425.0,
      "count": 93557
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 23826616516.0,
      "count": 15422
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "other",
    "percentage_of_aum",
    "subscription"
  ],
  "advisory_activities": [
    "other",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://envestnet.blog",
    "https://envestnet.com",
    "https://envestnet.com/active-passive",
    "https://envestnet.com/qrg",
    "https://facebook.com/Envestnet",
    "https://instagram.com/envestnet",
    "https://linkedin.com/company/envestnet",
    "https://vimeo.com/envestnet",
    "https://x.com/ENVSummit",
    "https://x.com/Envestnet_",
    "https://youtube.com/channel/UCSKSh09e27bKbsxuSeg2jqw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111694",
  "city_as_filed": "BERWYN",
  "url": "https://advisorcensus.com/firm/envestnet-pmc-berwyn-pa-111694",
  "display_name": "Envestnet PMC",
  "summary": "Envestnet PMC is an SEC-registered investment advisory firm in Berwyn, PA, registered since 2000, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 30, 2026.",
  "citation": "AdvisorCensus. Envestnet PMC (CRD 111694): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Subscription fees (for a newsletter or periodical)",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Envestnet PMC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Envestnet PMC reports these compensation arrangements: a percentage of assets under its management; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Envestnet PMC located?",
      "a": "Envestnet PMC's principal office is in Berwyn, PA, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Envestnet PMC registered with the SEC or a state?",
      "a": "Envestnet PMC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 111694."
    },
    {
      "q": "How much does Envestnet PMC manage?",
      "a": "Envestnet PMC reports $614,933,249,744 in regulatory assets under management in its Form ADV filing dated June 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Envestnet PMC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Envestnet PMC: Regulatory assets under management: $224,722,632,103 in the October 2021 data and $614,933,249,744 in the October 2026 data, up 174%. Total employees: 458 in October 2021 and 532 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Envestnet PMC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,125,667); high net worth individuals (93,557); corporations or other businesses not listed above (15,422)."
    },
    {
      "q": "Which custodians does Envestnet PMC use?",
      "a": "Envestnet PMC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC and Pershing LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Envestnet PMC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111694"
    },
    {
      "q": "What changed in Envestnet PMC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: No longer lists an office in Berwyn, PA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 224722632103.0,
      "total_employees": 458,
      "filing_date": "2021-07-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 312605023242.0,
      "total_employees": 459,
      "filing_date": "2022-06-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 346833814021.0,
      "total_employees": 479,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 426071864566.0,
      "total_employees": 415,
      "filing_date": "2024-09-03"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 532197263852.0,
      "total_employees": 394,
      "filing_date": "2025-07-01"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 614933249744.0,
      "total_employees": 532,
      "filing_date": "2026-06-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "No longer lists an office in Berwyn, PA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "No longer lists the business name Envestnet Capital Management.",
        "Employees performing advisory functions went from 187 to 178.",
        "Regulatory assets under management went from $532,197,263,852 to $614,933,249,744 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/envestnet-pmc-berwyn-pa-111694.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2125667,
      "fewer_than_5": false,
      "raum": 387574646773.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 93557,
      "fewer_than_5": false,
      "raum": 191217429425.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 4,
      "fewer_than_5": false,
      "raum": 4219169715.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5162,
      "fewer_than_5": false,
      "raum": 7188591300.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 769,
      "fewer_than_5": false,
      "raum": 104002762.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 15422,
      "fewer_than_5": false,
      "raum": 23826616516.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 783,
      "fewer_than_5": false,
      "raum": 802793253.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111694",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}