Envestnet, Inc. (NYSE:ENV) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET

Company Participants

Brian Shipman - Head, IR

Bill Crager - CEO

Pete D’Arrigo - CFO

Conference Call Participants

Devin Ryan - JMP Securities

Alex Kramm - UBS

Surinder Thind - Jefferies

Peter Heckmann - D.A. Davidson

Jeff Schmitt - William Blair

Patrick O’Shaughnessy - Raymond James

Ryan Bailey - Goldman Sachs

Operator

Greetings. Welcome to Envestnet Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

I will now turn the conference over to Brian Shipman, Head of Investor Relations. Thank you. You may begin.

Brian Shipman

Good evening, everyone. Thank you for joining us on today’s third quarter 2022 earnings call. Before we begin, I’d like to point out that our earnings press release, supplemental presentation and associated Form 10-Q can be found under the Investor Relations section of our website at envestnet.com. This call is being webcast live. And a replay will be available for 1 month on our website.

During the call, we will be discussing certain forward-looking information. This information is based on our current expectations and is not a guarantee of future performance. I encourage you to review the cautionary statement on Slides 2 and 3 for potential risks, uncertainties and other factors that could cause actual results to differ from those expressed by the forward-looking statements. Further information can be found in our regular SEC filings.

During this call, we will be referring to certain non-GAAP financial measures. Please refer to the appendix in our presentation for a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures. The presentation is also posted to the Envestnet Investor Relations website.

Joining me on today’s call are Bill Crager, Envestnet’s Chief Executive Officer; and Pete D’Arrigo, Envestnet’s Chief Financial Officer. Bill and Pete will provide a company update, as well as an overview of the company’s third quarter 2022 results. After our prepared remarks, we will open the call to questions. During the Q&A, please limit yourself to one question plus one follow-up. You may get back into the queue if you have additional questions.

With that, I will now turn the call over to Bill.

Bill Crager

Thank you, Brian. Good evening, everyone, and thank you for joining our third quarter earnings call. Envestnet continues to generate growth and extend our competitive position in the face of a significant global financial downturn. This is a testament to the essential nature of what we do.