Envestnet | PMC's Tim Clift To Chair Fifth Annual FundForum USA Conference

Industry Summit Offers Asset Managers the Opportunity to Meet Distribution Gatekeepers and Fund Buyers from Around the World

CHICAGO, Oct. 28, 2013 -- Envestnet, Inc. (NYSE: ENV), a leading provider of integrated, web-based portfolio and client management software for independent advisors and wealth managers, announces that Tim Clift, Chief Investment Strategist of its Envestnet | PMC® (Portfolio Management Consultants) group, will serve as Chairman during the Fifth Annual FundForum USA conference.

Mr. Clift will chair the third day of the asset management industry conference, held from October 28-30, 2013 at the Mandarin Oriental in Boston. Mr. Clift will also deliver a presentation entitled "Modernizing Portfolio Theory: Introducing the Liquid Endowment Framework -- A New Take on Portfolio Construction," which discusses how Envestnet has adapted advanced portfolio techniques to build portfolios that are designed to balance the need for long-term returns with resilience from downturns.

"At Envestnet | PMC and throughout Envestnet, we are helping advisors change the face of wealth management," said Mr. Clift. "This industry summit gives us an opportunity to influence advisors and managers from a variety of global markets to follow our lead in unifying and fortifying the entire wealth management process."

The FundForum USA summit provides asset managers with the opportunity to meet distribution gatekeepers and fund buyers from all over the world. The conference's keynote speakers this year include Cass Sunstein, Felix Frankfurter Professor of Law at Harvard Law School; Bob Doll, Chief Equity Strategist and Portfolio Manager at Nuveen Asset Management; Bill Miller, former Chief Investment Officer of Legg Mason; and Bob Pozen, Senior Lecturer at Harvard Business School and Senior Fellow at the Brookings Institution.

Envestnet | PMC seeks to deliver excellence in wealth management by providing advisors with advanced portfolio solutions and best-in-class research for all types of investment vehicles, including mutual funds, alternative investments and separate accounts to improve client outcomes and run their business more effectively.

Mr. Clift has spent more than 20 years in the investment management sector. He holds a Master's in Business Administration from Boston University and a Bachelor of Arts in Economics from Allegheny College.

Envestnet, Inc. (NYSE: ENV) is a leading provider of unified wealth management technology and services to investment advisors. Our open-architecture platforms unify and fortify the wealth management process, delivering unparalleled flexibility, accuracy, performance and value. Envestnet solutions enable the transformation of wealth management into a transparent, independent, objective and fully-aligned standard of care, and empower advisors to deliver better results.

Envestnet's Advisor Suite® software empowers financial advisors to better manage client outcomes and strengthen their practice. Envestnet provides institutional-quality research and advanced portfolio solutions through our Portfolio Management Consultants group, Envestnet | PMC®. Envestnet | Tamarac provides leading rebalancing, reporting and practice management software.

For more information on Envestnet, please visit www.envestnet.com.

Jami Schlicher, JCPR
(973) 850-7309

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