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Envestnet Retirement Solutions

SEC-registered adviser since 2014Berwyn, PACRD 171570

$16.3B
AUM
4,876
Clients
See fees
Fee
15
Advisory staff

From Form ADV filed 30 June 2026 · data retrieved 15 October 2026SEC record

Envestnet Retirement Solutions is an investment adviser headquartered in Berwyn, Pennsylvania, and registered with the SEC since 2014. Its clients include pension and profit-sharing plans, pooled investment vehicles, and state or municipal government entities.

Its services include portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and selecting other managers. Fee arrangements include a percentage of assets under management and fixed fees. Envestnet, Inc. owns 75% or more of Envestnet Retirement Solutions, and Christopher Todd is its CEO.

Clients

Envestnet Retirement Solutions serves 4,876 clients, 4,391 of them pension and profit-sharing plans. The average client has about $3.3 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles420 clients13%
  • Pension and profit-sharing plans4,391 clients85%
  • State or municipal government entities65 clients2%
Show client breakdown
Pooled investment vehicles
Clients
420
Regulatory AUM
$2,099,083,150
Share
12.9%
Avg. per client
$5.00M
Pension and profit-sharing plans
Clients
4,391
Regulatory AUM
$13,886,759,707
Share
85.2%
Avg. per client
$3.16M
State or municipal government entities
Clients
65
Regulatory AUM
$318,212,182
Share
2.0%
Avg. per client
$4.90M

Total

Clients
4,876
Regulatory AUM
$16,304,055,039
Share
100%
Avg. per client
$3.34M

What it does

Envestnet Retirement Solutions provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities. It is paid through a percentage of assets and fixed fees.

Envestnet Retirement Solutions advises no private funds.

100.0% of assets ($16.30B across 4,876 accounts) are managed with discretion. 0% of clients are outside the U.S., and 4,527 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Funds100%
    • Registered funds69%
    • Pooled vehicles31%

Custodians

Envestnet Retirement Solutions does not have custody of client assets.

Managed account assets by custodian
  • All other custodians$16.30B100%

Ownership and leadership

Envestnet, Inc. owns 75% or more of Envestnet Retirement Solutions, and Christopher Todd is its CEO.

Who owns the firm
Envestnet Retirement Solutions, LLC· the adviser

  • Envestnet, Inc.

    Control person · since November 2018

    Owns 75% or more of Envestnet Retirement Solutions, LLC

Leadership

  • Christopher Todd
    Chief Executive Officer
  • Erik Preus
    President
  • John Hofmann
    Chief Financial Officer
  • Debra Devoe
    Chief Compliance Officer
  • Dana D'Auria
    Co-Chief Investment Officer
  • Denise Diana
    Principal Director
  • Kathryn Evans
    Chief Operations Officer
  • Shelly O'Brien
    Corporate Secretary

Staff

  • 24 employees
  • 15 in advisory functions
  • 4 state-registered reps

Fees

Envestnet Retirement Solutions is paid through a percentage of assets under management and fixed fees (other than subscription fees).

Envestnet Retirement Solutions’ fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Envestnet Retirement Solutions has 0 offices, with 1 listed address in 1 state.

Listed office addresses by state

Pennsylvania · 1 listed address

  • 1000 Chesterbrook Boulevard , Suite 250, BerwynHQ

Other business names

Envestnet Retirement Solutions has reported 1 other business name to the SEC.

  • Ers

Registration details

Legal name
Envestnet Retirement Solutions, LLC
Headquarters
1000 Chesterbrook Boulevard , Suite 250, Berwyn, PA 19312
Phone
18663184015
Website
www.envestnet.com
SEC file
801-79855
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Envestnet Retirement Solutions have?

Envestnet Retirement Solutions has 4,876 clients and manages $16.3 billion for them, as of June 2026. They include 4,391 pension and profit-sharing plans, 420 pooled investment vehicles and 65 state or municipal government entities.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 June 2026

What services does Envestnet Retirement Solutions offer?

Envestnet Retirement Solutions provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers and other activities.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Envestnet Retirement Solutions have?

Envestnet Retirement Solutions has 4 investment adviser representatives registered with state securities authorities, out of 24 employees, and 15 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Envestnet Retirement Solutions invest in?

At the end of its last fiscal year, Envestnet Retirement Solutions’ separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs) and 31% pooled vehicles (private funds and similar). It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Envestnet Retirement Solutions?

Envestnet Retirement Solutions is owned through a chain of holding companies by Bain Capital Fund Xiii, L.P. Its direct owner is Envestnet, Inc. (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 30 June 2026

How does Envestnet Retirement Solutions get paid?

Envestnet Retirement Solutions is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 30 June 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 171570.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Envestnet Retirement Solutions, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.