CHICAGO, July 6, 2011 /PRNewswire/ -- Envestnet, Inc. (NYSE: ENV), a leading provider of innovative investment and practice management solutions for financial advisors, is proud to announce that Lori Hardwick, Executive Vice President of Advisory Services, has been named one of the 50 Top Women in Wealth for 2011 by AdvisorOne, the leading online destination for independent advisors, wealth managers and financial planners.

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The list, now in its third year, recognizes the 50 most influential, powerful and inspiring women in and around wealth management, who play a significant role in the financial well-being of millions of Americans.

"Lori has benefited our clients and served as an excellent example of expertise and integrity in the financial industry. We are very gratified that her many achievements have been recognized," said Bill Crager, President of Envestnet. "Her inclusion on this list is a reflection of her exceptional commitment to her profession."

Ms. Hardwick has been with Envestnet since its founding in 2000.  She manages the Enterprise, Sales, Services, and Advisor Orientation Divisions, as well as the Advisor Orientation and On-Boarding divisions. Under her direction, these teams led the effort to introduce, educate and deliver a growing set of solutions built for fee-based advisors worldwide. Ms. Hardwick's efforts empower advisors to offer institutional-quality asset management and build practices that serve their clients' interests with responsiveness and efficiency.

Under her management as Head of Sales, Envestnet has successfully signed and converted billions in assets to Envestnet's Advisor Suite. She and her team organized and led Envestnet's Advisory Council meetings and annual Alliance Conference, a gathering for the leaders of Envestnet's top institutional clients.

Ms. Hardwick's community outreach work includes serving as President of her local school board from 2005-2007 and President of the school board's Principal Search Committee in 2010. She is a founding member of St. Clement Service Day and founded the Lincoln Park Mentorship Program in 1999.  

"The accomplishments of these women put the lie to the outdated notion that women can't succeed in all levels of wealth management and in every business model, including broker-dealers, banks, asset management firms and the RIA world," said James J. Green, editor of AdvisorOne.com. "These 50 women are accomplished entrepreneurs, thought leaders, money managers, personal wealth managers of all kinds and partners to those wealth managers. Their accomplishments transcend their gender, while their gender helps inform their personal values to their clients and customers."

The complete list of the 50 Top Women in Wealth for 2011 can be found at Advisor One.

For more information about Envestnet and Lori Hardwick, please contact Jami Schlicher at 973-850-7309 or jschlicher@jcprinc.com.

ABOUT ENVESTNET (NYSE: ENV)

Envestnet, Inc. is a leading provider of technology-enabled wealth management solutions to financial advisors. Envestnet's technology is focused on addressing financial advisors' front-, middle- and back-office needs. Envestnet is headquartered in Chicago with offices in Boston, Denver, New York, Silicon Valley and Trivandrum, India. The firm has over $152 billion in total assets served and more than 925,000 investor accounts.* For more information on Envestnet, Inc. please go to www.envestnet.com.

* Data includes assets under management or administration and licensing agreements as of 3/31/2011.

Contact:  
Jami Schlicher
JCPR
973-850-7309
jschlicher@jcprinc.com

SOURCE Envestnet, Inc.