How Many People Work at Envestnet? Headcount and Employee Trends

Envestnet, Inc. employs just under 1,300 people across its global wealth-management and financial-technology operations. Recent data shows 60 new hires alongside 71 departures, yielding a modest net contraction and an overall turnover rate of roughly five percent. The balanced inflow and outflow of talent suggests ongoing realignment as the company fine-tunes its product portfolio and service offerings. Despite the slight decline, Envestnet maintains a sizable, multi-disciplinary workforce that supports its advisor network and technology platforms.

Engineering is Envestnet’s largest team, accounting for about one-quarter of all employees with 339 specialists focused on platform development and integration. Sales and Support (206 employees) and Finance & Administration (158) follow, underscoring the dual focus on client acquisition and robust internal controls. Marketing & Product management together comprise 141 staff, while Business Management, IT, Operations, and Banking & Wealth Management collectively provide critical domain and infrastructure expertise. Human Resources and an additional 82 employees categorized as Other round out the roster, highlighting a well-diversified organizational structure that balances technical innovation with client-facing and back-office functions.

Nearly half of Envestnet’s talent base—about 622 people—works remotely or in locations grouped under “Other,” illustrating a flexible, distributed operating model. Among defined offices, Philadelphia is the largest hub with 178 employees, followed by Denver (114) and Chicago (106), each supporting major lines of business and technology teams. The company also maintains a presence in Thiruvananthapuram, India (70) and several U.S. innovation centers, including Raleigh-Durham, Seattle, Boston, New York, and the San Francisco Bay Area. This geographic spread allows Envestnet to tap diverse labor pools while staying close to clients and financial-services talent clusters.