Chris Shutler, CFA, Joins Envestnet as Head of Market Intelligence

WealthTech Industry Veteran Will Deliver the Unique Envestnet Perspective to the Market & Help Shape the Company's Financial Wellness-Focused Mission

CHICAGO—April 15, 2021—Envestnet, Inc. (NYSE: ENV) announces that Chris Shutler, CFA, has joined the firm as Head of Market Intelligence. In this role, he will provide timely information and insights for helping Envestnet shape opportunities for achieving its strategic roadmap. Mr. Shutler's industry and customer insights will also enable Envestnet to serve as a thought leader on the wealth management and FinTech trends shaping the future of financial advice.

"By staying on top of the drivers influencing the actions and behaviors of advisors and their clients, Chris's WealthTech industry insights can ensure the Envestnet financial wellness ecosystem continues to provide what our customers need from us," said Rich Aneser, Chief Strategy Officer of Envestnet. "Chris will provide all Envestnet constituents with the actionable intelligence to further connect and expand the solutions for creating The Intelligent Financial Life."

Mr. Shutler is based in Chicago and reports to Mr. Aneser. He has assumed responsibilities from Karen Lanzetta, Managing Director and Head of Market Research, who has retired after 11 years of service to Envestnet and a decades-long financial services career. 

"During Karen's time at Envestnet, she has been an invaluable resource and spirit inside our company, while also having made a tremendous impact on our entire industry," said Bill Crager, Co-Founder and CEO of Envestnet. "We can't thank Karen enough for the dedication and excellence she has displayed in all she has accomplished for Envestnet—and we wish her well as she moves on to the next phase of her life in retirement." 

Mr. Shutler comes to Envestnet from William Blair & Company, where he spent 13 years in equity research, including 11 years as a Research Analyst focused on wealth management, asset management and financial technology. He previously worked for Credit Suisse as an Associate Analyst covering educational and business services companies. Mr. Shutler holds the Chartered Financial Analyst (CFA) designation, and received his BBA degree in finance and business economics from the University of Notre Dame. 

"I have followed Envestnet for nearly a decade, and have always admired its mission to make financial wellness a reality for everyone," said Chris Shutler, CFA, Head of Market Intelligence for Envestnet. "My new role gives me the opportunity to advance Envestnet's strategic roadmap and financial wellness ecosystem, as a part of the organization." 

About Envestnet
Envestnet, Inc. (NYSE:  ENV) is transforming the way financial advice and wellness are delivered. Our mission is to empower advisors and financial service providers with innovative technology, solutions, and intelligence to make financial wellness a reality for everyone. Over 106,000 advisors and more than 5,100 companies including: 17 of the 20 largest U.S. banks, 47 of the 50 largest wealth management and brokerage firms, over 500 of the largest RIAs and hundreds of FinTech companies, leverage Envestnet technology and services that help drive better outcomes for enterprises, advisors and their clients.

For more information, please visit www.envestnet.com, subscribe to our blog, and follow us on Twitter (@ENVintel) and LinkedIn.

Media Contact:

Dana Taormina
JConnelly for Envestnet
973.647.4626
envestnetpr@jconnelly.com

Information is current only as of the date(s) indicated on the materials. We do not have any current intention, and expressly disclaim any obligation, to supplement, update or revise any of the information in these documents. The information contained in these documents should be considered accurate only as of the date of the relevant document. This information may change over time; therefore, visitors to this web site should not assume that the information contained in these documents remains accurate at a later time. Envestnet, Inc.'s press releases, presentations and printed remarks are included on this website for historical purposes only.

Except for historical information and discussions, statements set forth throughout this web site may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 or other applicable laws. These statements involve a number of risks, uncertainties, and other factors that could cause actual results to differ materially, as discussed in the company's filings with the U.S. Securities and Exchange Commission.

Envestnet, Inc.'s financial performance is subject to risks and uncertainties, some of which are discussed in forward-looking statements contained in its reports filed with the U.S. Securities and Exchange Commission. Actual results may differ materially from those described in the forward-looking statements. The stock data above is presented for informational purposes only and is not intended for trading purposes. Stock information may be delayed and reflects stock splits. Historical investment performance is not an indication of future performance.

The information provided on the Investor Relations pages is hosted by a third party. Envestnet, Inc. does not control and is not responsible for any third party content and makes no representations as to the timeliness or accuracy of such content.