Corporate Social Responsibility
Envestnet is committed to empowering Financial Wellness for our communities, our employees, our advisors, and their clients.
Envestnet's Commitment to Doing Well by Doing Good
Since our inception in 1999, Envestnet has endeavored to not only be the best in the industry, but also be the best for the industry – our clients, our employees, our partners, our shareholders, our communities and our families looking to achieve their financial goals. As we have grown, we have committed ourselves to corporate responsibility. We believe in being a positive economic force, a responsible citizen in our communities and a mindful steward of the resources we consume. These principles are grounded in a single ultimate aspiration that guides us and inspires us to move forward: making financial wellness a reality for everyone, and building a company that strengthens the communities we serve for generations to come.
Developing the Future of Financial Wellness
While the Envestnet Platform empowers advisors with the tools that drive success in their business, we recognize that financial wellness must start before becoming an investor or working with an advisor. Envestnet is committed to developing financial literacy and an understanding of the financial services industry, to enable the future of Financial Wellness.
Envestnet Institute in Classrooms
Envestnet has partnered with EVERFI, Inc. to deliver education, resources, and tools so youth can create a foundation for financial wellness. EVERFI is the leading social impact technology innovator providing real-world education to learners of all ages through innovative and scalable digital learning experiences.
Envestnet Institute in Classrooms consists of two online courses for school-age children: Vault, a program for children grades 3 through 6; and Marketplace, for children grades 9 through 12.
Since Envestnet’s partnership with EVERFI, 5,506 students in 121 schools have completed over 5,000 hours of courses in financial literacy with Envestnet’s partnership.
Envestnet Institute on Campus
It is our mission to build a bridge between the college and university environment and the wealth and asset management solutions industry to train a diverse pool of talented students and better position them for employment in the wealth management industry.
Through a collaborative relationship between academia and industry-leading firms we are able to provide a way to offer motivated students a training regimen specifically designed to be applicable when developing a career in this industry.
Additionally, the program aims to create an ecosystem where industry hiring managers can easily identify potential employees who are well qualified for a career in financial services.
60Participating universities and colleges
74%
Student Completion Rate
9,683
Students completed program
3,562
Women completed program
3,158
Black, Indigenous, People of Color (BIPOC) completed the program
46%
Average growth rate of new student participation
23%
Average percentage of participating students are first-generation
Overall Program Statistics through the 2023 Academic Year.
Envestnet | MoneyGuide University Program
Envestnet | MoneyGuide is committed to empowering the next generation of financial advisors. We have partnered with over 102 universities and colleges to incorporate technology into their financial planning programs by providing free access to MoneyGuide’s software platform. As of the 2023-2024 academic year, over 7,000 students and professors used the industry’s #1 financial planning software to gain practical experience and hands-on practice that can help launch their careers.
Dedicated to Our Communities
Envestnet is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, investment solutions, and data-driven intelligence to make financial wellness a reality for everyone. Envestnet is also committed to compassionate action.
Envestnet Cares
Our charitable focus embraces education, financial literacy, and helping those in need in the communities where we work and live. We achieve these goals by engaging in multi-year partnerships through Signature Impact initiatives, annual giving to organizations highlighted by employees, volunteering in our neighborhoods, and by multiplying the generosity of employees through a donation matching program.Envestnet has organized its charitable initiatives in four primary ways:
01.
Signature Impact
Our Signature Impact initiatives are designed to build lasting relationships with charitable organizations in the communities where we do business. By committing to long-term partnerships, we provide a consistent and reliable source of support, empowering our nonprofit partners to create meaningful change. This strategic approach allows us to drive deeper, more sustainable impact in key areas like education, financial literacy, and support for those in need.
02.
Annual Corporate Giving
Envestnet supports a wide range of charitable organizations with a continued primary focus on issues of education, financial literacy, and people or communities in need. Annual gifts are identified by Envestnet employees and facilitated through the Envestnet Charitable Giving Committee. Envestnet’s annual giving is flexible in responding to the most immediate needs in our communities.
03.
Volunteering
Direct engagement and services to others are vital to Envestnet's charitable giving strategy. We believe some of the most meaningful moments happen when we come together to give back. Our employees receive three paid volunteer days for use when volunteering for a non-profit organization of their choice during the workweek, or as part of a Company-organized volunteering event. As part of this program Envestnet employees volunteered over 5,100 hours. Together, we’re not just working—we’re making a difference!
04.
Multiplying Employee Giving
At Envestnet, we believe generosity has the power to create real change - so we amplify it! Through our donation matching program, every dollar our employees give to a registered 501(c)(3) organization is matched dollar for dollar, up to $3,000 per year, as well as increased match and limits for special match campaigns. We are incredibly grateful for our employees’ generosity and their unwavering commitment to making a difference in their communities!
2024 giving
$750K
around the world
Envestnet donated $750k to organizations globally.
Long-term commitments
$440K
TO EIGHT ORGANIZATIONS
As part of our long-term commitment to eight organizations, Envestnet’s Signature Impact program contributed $440K to US and India charities.
Envestnet matched
$225K
Envestnet matched employee donations, resulting in a contribution of over $225K.
VOLUNTEER HOURS
5,120
Employees used 5,120 Volunteer Time Off (VTO) Hours to help out with local food banks, toy and clothing drives, bike-building, furniture recycling and many more worthy causes.
Advancing Diversity & Inclusion
Envestnet is committed to providing an equitable, diverse, and inclusive work culture, where everyone is treated fairly, feels a sense of belonging and value, and has the resources and support they need to achieve their full potential. Our commitment to inclusion & belonging makes us stronger, improves our outcomes, and supports us in making financial wellness a reality for all.
Envestnet Inclusion & Belonging Statement
Envestnet's goal is financial wellness for all. As a company, we achieve this with respect to all individuals. Investing in a diverse workforce. And by nurturing a culture that supports our differences and creates a sense of community.We are successful when our employees believe their voices count, their perspectives are heard, and creativity is fostered. Embracing all of these aspects is what makes Envestnet great.
Building an effective Diversity, Equity, Inclusion, and Belonging (DEIB) strategy is crucial to this goal. It shows the value of Envestnet's commitment to promoting diversity and inclusion and its importance to our business, employees, and industry.
4 Pillars of the Inclusion & Belonging Strategy
Training and development
Increased workforce diversity
Inclusive environment and programs
Community impact
Building an Inclusive Culture
At Envestnet, our company culture encourages curiosity and a diversity of viewpoints. Our Employee Resource Groups (ERGs) inspire a consistent focus on issues of diversity and inclusiveness to advance our company’s values. We invite you to meet our ERG initiatives.
Harbor's mission is to provide a forum for all women to have honest conversations about their challenges while fostering cross-organization connections, providing an opportunity for peer-to-peer support, and expanding how we think about women in the workplace today. Harbor will bring together members and allies to ensure the realization of the group's goals.
Envestnet ENclusion strives to create an inclusive environment to share our culture with the firm: Celebrating our difference in background, ethnicity, and perspectives. We support and provide a safe space for individuals to be their authentic selves at work. We champion initiatives that elevate voices, networking, and professional development for all employees.
Our mission is to empower Hispanic/Latin/x employees to thrive by fostering a safe space for connection, collaboration, and embracing our authentic identities. Building a strong community where members feel a sense of belonging, celebrate the richness our culture, and contribute to the professional growth of both individuals and Envestnet.
Envestnet Pride Network's mission is to promote a safe space for conversations, learning, and peer support among Lesbian, Gay, Bisexual, Transgender, Queer, Intersex, and Asexual (LGBTQIA+) employees, leaders, and active allies