FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CROWELL GAYLE A
   2. Issuer Name and Ticker or Trading Symbol
ENVESTNET, INC. [ENV] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
35 EAST WACKER DRIVE, SUITE 2400		 3. Date of Earliest Transaction (Month/Day/Year)
04/26/2017
(Street)

CHICAGO, IL 60601		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/26/2017   M(7)   801 A $ 0 801 D  
Common Stock               10,498 I By trust (6)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Stock Option (Right to Buy) $ 31.7             03/28/2018(1) 03/28/2027 Common Stock 1,745   1,745 D  
Restricted Stock Units (2) 04/26/2017   M     801   (3) 04/26/2019 Common Stock 801 (5) $ 0 1,602 D  
Restricted Stock Units (2)               (4) 03/28/2020 Common Stock 1,595 (5)   1,595 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CROWELL GAYLE A
35 EAST WACKER DRIVE
SUITE 2400
CHICAGO, IL 60601		   X      

Signatures

 /s/ Shelly O'Brien, by power of attorney for Gayle Crowell   04/28/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This option grant vests over a 3-year period; one third of the total amount vests on the first anniversary of the date of grant and one-twelfth of the total amount vests on each three-month anniversary of the date of grant thereafter.
(2) Each restricted stock unit is the economic equivalent of one share of Envestnet, Inc. Common Stock.
(3) The reporting person was granted 3,204 restricted stock units on April 26, 2016, of which 25% (801 shares) is subject to the restricted stock units of the grant vested on April 26, 2017. The common stock into which such vested restricted stock units converted on April 26, 2017 is reported in Table I on this Form 4. This restricted stock unit vests over a 3 year period; 25% of the total amount vested on the date of the grant of restricted stock, and then 25% on each of the first three anniversaries of the Grant Date (April 26, 2016).
(4) These restricted stock units vest over a 3-year period; one third of the total amount vest on the first anniversary of the date of the grant of restricted stock, and then one-twelfth of the total amount vests on each three-month anniversary.
(5) Each restricted stock award represents the contingent right to receive one share of common stock upon vesting of the unit.
(6) The shares are held directly by a trust of which the reporting person is a trustee and beneficial owner.
(7) Represents the conversion upon vesting of restricted stock units into common stock. The reporting person was granted 3,204 restricted stock units on April 26, 2016, of which 25% (801 shares) is subject to the restricted stock units of the grant vested on April 26, 2017.

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