BY EDGAR

 

William Blair & Company, L.L.C.

222 West Adams Street

Chicago, Illinois 60606

 

Stifel, Nicolaus & Company, Incorporated

One Montgomery Street, Suite 3700

San Francisco, CA 94104

 

 

October 8, 2013

 

Securities and Exchange Commission

Division of Corporation Finance

100 F Street, N.E.

Washington, D.C. 20549

 

Attention:

Mara L. Ransom

 

Jennifer López

 

Re:                             Envestnet, Inc.

Registration Statement on Form S-1

Registration File No. 333-190852

 

Ladies and Gentlemen:

 

In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended (the “Act”), we, as representatives of the several underwriters, hereby join in the request of Envestnet, Inc. (the “Company”) that the effectiveness of the above-named Registration Statement be accelerated to 3:00 p.m. Eastern time on October 10, 2013, or as soon thereafter as practicable.

 

In addition, the Underwriting Agreement among the Company and the representatives, on behalf of the several underwriters, contains a covenant from the Company that it will furnish copies of the prospectus in such quantities as the underwriters may request for the purposes contemplated by the Act.  As of the time of this filing, there has not yet been made any distribution of the Company’s Preliminary Prospectus dated October 8, 2013.  However, the undersigned are taking steps to see that all brokers or dealers participating in the distribution are promptly furnished with sufficient copies of the preliminary and final prospectus to enable them to comply with the prospectus delivery requirements of Sections 5(b)(1) and (2) of the Act.

 

We, the undersigned, as representatives of the several underwriters, have and will, and we have been informed by the participating underwriters that they have and will, comply with the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.

 



 

 

Very truly yours,

 

 

 

 

 

WILLIAM BLAIR & COMPANY, L.L.C.

 

STIFEL, NICOLAUS & COMPANY, INCORPORATED

 

 

 

Acting severally on behalf of themselves and the several Underwriters

 

 

 

William Blair & Company, L.L.C.

 

 

 

 

 

By:

/s/ Mike Pitt

 

 

Name: Mike Pitt

 

 

Title: Head of Syndicate, Partner

 

 

 

 

 

Stifel, Nicolaus & Company, Incorporated

 

 

 

 

 

By:

/s/ Keith Lister

 

 

Name: Keith Lister

 

 

Title: Managing Director

 

[Acceleration Request Letter from the Representatives]