Envestnet | Tamarac Adds Powerful Business Intelligence Reporting to Advisor Xi Practice Management Platform

Unique Solutions Reflect Envestnet | Tamarac Platform's Deep Integration Across Systems, Empowering Advisors with Insights for Increased Practice Growth and Client Retention

CHICAGO, September 19, 2013 - Envestnet | Tamarac™, part of Envestnet, Inc. (NYSE: ENV), a leading provider of integrated, web-based portfolio and client management software for independent advisors and wealth managers, has released an enhanced set of proprietary business intelligence reports for users of its Advisor Xi® Suite. Advisor Xi is an industry leading web-based platform that uniquely integrates portfolio management, rebalancing, reporting, billing, client relationship management (CRM) and portal capabilities, with real-time custodial data.

Advisor Xi's reporting tools aggregate actionable business intelligence information, enabling advisors to monitor the health of their business and the potential impact of growth strategies. The reporting capabilities are unique to the Advisor Xi platform because of the deep integrations Tamarac develops within its software suite and with third party systems.

"Envestnet | Tamarac's business intelligence reports provide us with actionable insights to bring more assets under management more quickly," said Karen Neal, Director of Client Services & Compliance at HoyleCohen. "We're able to closely track revenue vs. target, identify centers of influence amongst our referral base, and view all key client data on a single report. It's great to see that Envestnet | Tamarac is so focused on continually enhancing their integrated RIA platform."

Advisor Xi's business intelligence reporting tools include:

- Client Profiles - providing at-a-glance snapshots of all key client data; COI Profiles - enabling advisors to identify, understand and cultivate important COIs (centers of influence);

- Firm Valuations - creating critical overviews of firm valuation for current and advance planning needs;

- Revenue vs. Target Goals - providing deep insight into the expected and actual achievement of sales team members; Business Development Summaries - presenting snapshots of the key stakeholders of potential revenue and views of the sales pipeline across the entire business development cycle;

- All Activities - providing concise overviews of all client service activities, from individual advisors to firm-wide, to support more effective planning, tracking and scheduling of resources and tasks.

"Advisor Xi's first-to-market suite of business intelligence reporting tools reflects our commitment to empowering advisors with actionable information, made possible by our deeply integrated solutions," said Stuart DePina, Group President, Envestnet | Tamarac. "The enhanced data visibility and functionality now delivered by Advisor Xi® enables advisors to more effectively allocate resources, prepare business development plans for current and future needs, better serve clients, and focus on growing assets under management."

Envestnet | Tamarac's Advisor CRM dashboard can also be configured with any number of the business intelligence reports for quick access to key performance indicators, automatically updated for real-time accuracy, and advisors can easily drill down into detailed versions of each report. Graphs, charts and gauges clearly provide meaning and useful data, enabling advisors to make timely, informed decisions and monitor the performance and value of their business activities.

About Envestnet (NYSE: ENV
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 outcomes.

Envestnet | Tamarac’s web-based platform for independent RIAs, Advisor Xi, deeply unifies portfolio management, modeling, rebalancing, trading, billing and reporting with a client portal and enterprise-level client relationship management (CRM) system.

For more information on Advisor Xi, please visit www.envestnet.com/tamarac

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.