Envestnet Asset Management, Inc. is a privately owned investment manager with approximately $30 billion in assets under management. The firm also provides financial planning to its clients. It primarily provides its services to individuals, pension and profit sharing plans, charitable organizations, financial institutions, financial advisors, RIAs, and corporations. The firm manages separate client-focused equity and fixed income portfolios. It also manages mutual funds and exchange-traded funds for its clients. The firm invests in the public equity, fixed income, and alternative investments markets of the United States. It primarily makes its alternative investments in hedge funds and non-traditional stocks and bonds. Envestnet Asset Management was founded in 1999 and is headquartered in Chicago, Illinois with additional offices in Sunnyvale, California; New York, New York; Los Angeles, California; and Denver, Colorado.