Arbolus Intelligence

Envestnet

envestnet.com · Chicago Loop, United States of America

Envestnet is a financial technology company that provides wealth management, portfolio management, and data aggregation platforms to financial advisors, banks, and other financial institutions. Its software and services support investment research, portfolio construction, account administration, and financial planning, generating revenue through platform fees, software subscriptions, and asset-based fees. The company also offers data analytics and digital advice solutions used in retail wealth and enterprise financial services channels.

  • Wealth & Investment Software
  • Data Integration & ETL
  • Business Intelligence & Dashboards
Listed in
Revenue
$1.2B
Employees
5,600
Founded
1999
Headquarters
Chicago Loop, United States of America

What 48 Arbolus experts think of Envestnet

NPS distribution indicates 35% Promoters (NPS 9-10), 50% Passives (NPS 7-8), and 15% Detractors (NPS 0-6). Renewal intent is high among large, long-standing clients but more variable in the influencer/user mix, with some concern over cost and integration effort. Stickiness is strong with most clients in the MoreThan1Year implementation stage, but pilot or offboarding signals exist in a minority of mid-spend and low-spend brackets. Feedback themes emphasize functionality, scalability, and efficiency, but highlight cost as a recurring concern. Overall Customer Sentiment: Positive

Who reviewed Envestnet

Total customers 48 46 current · 2 former
Reviews growth +31 in six months
Seniority of respondents
  • C-Suite 77% (37)
  • Director 19% (9)
  • Manager 4% (2)
Data Leader Director NPS 9 Will renew Submitted May 2024
Finance Leader C-Suite NPS 7 Undecided Submitted Nov 2024
Generalist Leader C-Suite NPS 5 Submitted Aug 2026

Employer names and spend open in the full report, along with the other 45 customers.

Everything 48 customers told us about Envestnet.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

18 Net Promoter Score, from 48 scored reviews
  • Promoters 20
  • Passives 17
  • Detractors 11

Cumulative NPS by month

+0 over 6 months
  • May 8
  • Jun 8
  • Jul 8
  • Aug 8
  • Sep 8
  • Oct 8

Net Promoter Score across 1 reviews, accumulated up to each month. Category median 18 across 1 companies.

Praised

  • Scalable Wealth and Investment Platform
  • Broad Functional Coverage
  • Operational Efficiency Gains
  • Expansion into New Markets

Criticised

  • Manual Processes Drive Attrition
  • Competitive Pressure from AI-Driven Platforms
  • Switching Risk Due to Cost and Features
  • Cost at Scale

What customers say

Scalable Wealth and Investment Platform
“I would recommend Envestnet for organizations needing scalable wealth and investment management, especially where portfolio and data workflows must be supported in a large ecosystem.”
Broad Functional Coverage
“The breadth of investment products, integration, and portfolio management functionality makes it stand out versus alternatives.”
Operational Efficiency Gains
“We achieved greater operational efficiency and consistency in portfolio management processes across the business.”

Renewal intent

Plan to renew 55%
  • Will renew 12
  • Undecided 5
  • Not renewing 5

Plan to renew, by seniority

  • C-Suite 50% 16 answers
  • Director 67% 6 answers
  • 8/10 Average score from customers who will renew
  • 7.4/10 Average score from undecided customers
  • 7.2/10 Average score from customers not renewing

Report

Customer Report - Oct 2026 Oct 2026 48 + 1

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